Rhode Island License Law
Rhode Island's real estate license law defines 'broker' as a person who for compensation does which of the following?
AOnly appraises real property
BOnly manages commercial properties
CFor another, negotiates or attempts to negotiate the listing, sale, purchase, exchange, rent, lease, or option of real property✓ Correct
DOnly inspects properties for buyers
Explanation
Under RIGL Chapter 5-20.5, a broker is broadly defined as someone who, for compensation and on behalf of another, negotiates or attempts to negotiate the sale, purchase, exchange, rent, lease, or option of real property.
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