I am living in Newyork right now but I have a Maryland drivers licence. Can I get a Newyork real estate licence without having to change my licence.
2006-06-27 06:01:08 · 3 answers · asked by shobby 3 in Business & Finance ➔ Renting & Real Estate
You should not need to be a resident of a state to possess a license to sell real estate in that state. However, if you are living in the state, other laws might require you to change it!
You will have to put down a current address to obtain a license. You might have to prove residence in the state for which you list your home address.
2006-06-27 06:34:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Each state makes their own laws for licensing any professional, including real estate agents. Most require a test, and few if any waive the test for out of state licenseholders. I'm not sure if any require a course at all, even for first timers. I can tell you that the courses are designed to tell you the things you need to know to pass which are matters of law, not necessarily common sense, that will tend to vary from state to state. For example: Does the state require you to pay a buyer interest on the deposit/earnest money? Is it permissible to represent both the Buyer and the Seller? If so, what must you do to prove "informed consent" of both? What is the minimum amount of time you must put into the contract for the buyer to obtain a licensed home inspector? Must you put any at all? Are "hubbard clauses" legal? Is the contract legally binding without earnest money? Take the course.
2016-03-27 05:55:53 · answer #2 · answered by ? 4 · 0⤊ 0⤋
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2006-06-27 14:26:23 · answer #3 · answered by Paul D 2 · 0⤊ 0⤋