New York License Law
Which of the following individuals does NOT need a real estate license in New York to earn compensation?
AA person negotiating leases on behalf of a commercial landlord
BAn attorney who represents a buyer and earns a fee for facilitating the transaction✓ Correct
CA property manager who collects rents for multiple building owners
DA person who shows homes for a brokerage in exchange for a referral fee
Explanation
Attorneys are permitted to perform real estate services incidental to their legal practice without holding a separate real estate license in New York, provided the services are part of their legal representation.
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