Contracts
A Pennsylvania licensed attorney reviewing a real estate contract for their client cannot be disciplined by PREC because:
AAttorneys are always exempt from RELRA
BAttorneys reviewing documents for their own clients are not performing licensed real estate activities subject to PREC jurisdiction✓ Correct
CAttorneys and real estate agents have the same license
DPREC only regulates brokers, not attorneys
Explanation
Pennsylvania attorneys reviewing real estate contracts for their own clients are practicing law, not real estate. Attorneys are exempt from real estate licensing requirements when providing legal services. However, if an attorney also wishes to practice real estate brokerage for compensation, they would need a real estate license.
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