Which of the following individuals is required to have a real estate license?

Which of the following individuals is required to have a real estate license?

• A. Developer selling more than 10 homes
• B. Attorney in fact selling property for a principal
• C. Trustee selling under a court order
• D. Attorney at law taking a listing

Answer: (D)

An attorney at law taking a listing is required to have a real estate license. While attorneys are generally allowed to engage in real estate activities as a part of their legal service, when they take a listing—meaning they offer to represent sellers in the sale of a property—they must hold a valid real estate license in Nevada. This requirement ensures that they are familiar with the specific laws and practices governing real estate transactions. In contrast, a developer selling more than 10 homes may not necessarily need a license if they are selling their own properties, as builders can often sell their own developments without being licensed real estate agents. An attorney in fact is someone who is authorized to act on behalf of another individual, typically through a legal document known as a power of attorney. They might conduct certain transactions without needing a real estate license because they are acting under the authority granted to them by the principal. Similarly, a trustee selling property under a court order may be exempt from needing a real estate license, as the trustee is acting in accordance with legal authority granted by the court, rather than as a real estate agent. Thus, the requirement for a real estate license specifically applies to attorneys taking listings, as they must ensure they meet all the qualifications and regulations set forth by Nevada

An attorney at law taking a listing is required to have a real estate license. While attorneys are generally allowed to engage in real estate activities as a part of their legal service, when they take a listing—meaning they offer to represent sellers in the sale of a property—they must hold a valid real estate license in Nevada. This requirement ensures that they are familiar with the specific laws and practices governing real estate transactions.

In contrast, a developer selling more than 10 homes may not necessarily need a license if they are selling their own properties, as builders can often sell their own developments without being licensed real estate agents. An attorney in fact is someone who is authorized to act on behalf of another individual, typically through a legal document known as a power of attorney. They might conduct certain transactions without needing a real estate license because they are acting under the authority granted to them by the principal. Similarly, a trustee selling property under a court order may be exempt from needing a real estate license, as the trustee is acting in accordance with legal authority granted by the court, rather than as a real estate agent.

Thus, the requirement for a real estate license specifically applies to attorneys taking listings, as they must ensure they meet all the qualifications and regulations set forth by Nevada