New York License Law
Which of the following individuals is EXEMPT from needing a real estate license in New York?
AA property manager collecting rent for multiple owners
BAn attorney acting as a broker in their own client's transaction for a fee
CAn owner selling their own property✓ Correct
DA mortgage broker referring buyers to listings
Explanation
An owner selling their own property is exempt from the licensing requirement because they are acting on their own behalf. License law regulates those who act as agents for others.
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