Rhode Island License Law
In Rhode Island, which of the following is an example of 'unlicensed practice' of real estate?
AA licensed attorney negotiating a real estate contract for a client
BAn unlicensed individual listing and selling another person's property for a commission✓ Correct
CA property owner selling their own home without an agent
DA licensed salesperson showing properties under broker supervision
Explanation
Practicing real estate by listing and selling another person's property for compensation without a license is 'unlicensed practice' and is illegal in Rhode Island, subject to civil and criminal penalties.
Related Rhode Island Rhode Island License Law Questions
- Which Rhode Island state agency is responsible for licensing and regulating real estate brokers and salespersons?
- Which of the following must a Rhode Island real estate broker post in their office?
- A real estate salesperson in Rhode Island may receive compensation ONLY from:
- A Rhode Island broker must keep their escrow account records available for inspection by:
- Rhode Island requires real estate brokers to maintain trust accounts for client funds. Commingling of client funds means:
- In Rhode Island, a real estate license applicant must be at least how old?
- A Rhode Island licensee who learns of a DBR investigation into their conduct must:
- The Rhode Island Department of Business Regulation (DoBR) has the authority to do all of the following EXCEPT:
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