North Dakota License Law
In North Dakota, which of the following would allow a person to receive compensation for a real estate transaction without being licensed?
AHaving worked in real estate for 5 years without a license
BBeing a licensed attorney representing a client in a real estate transaction for legal fees✓ Correct
CBeing related to the buyer or seller
DHaving a college degree in business
Explanation
Licensed attorneys may receive legal fees for representing clients in real estate transactions without needing a real estate license, since they are providing legal (not brokerage) services within their licensed scope.
Related North Dakota North Dakota License Law Questions
- A North Dakota real estate salesperson who terminates employment with a broker must:
- The North Dakota Real Estate Commission is authorized to:
- When a North Dakota broker dies or becomes incapacitated, the designated broker's license:
- The 90-hour pre-license salesperson course in North Dakota must be completed at:
- A North Dakota broker who operates a property management division must ensure that:
- The North Dakota Real Estate Commission (NDREC) requires salesperson applicants to complete how many hours of pre-license education?
- A North Dakota licensee who violates NDCC Chapter 43-23 may be subject to a civil penalty not to exceed:
- Under NDCC 43-23, a North Dakota real estate license is required for anyone who:
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