Wyoming License Law
A Wyoming real estate broker who acts as a principal (buying or selling their own property) must:
AObtain a special transaction license
BDisclose their licensed status to the other party✓ Correct
CUse a different brokerage to handle the transaction
DCharge no commission
Explanation
When a licensee acts as a principal in a transaction, they must disclose their licensed status to the other party in writing. This disclosure ensures transparency about the potential advantage a licensee may have.
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