How Lawyers Can Represent Brokers Beyond Their State Licensing


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About This Course

Brokers want to make deals throughout the nation, and chafe at the idea that their single state license will limit their ability or right to legally work on deals in other states.

License portability-which is NOT license reciprocity-will allow this to occur, when the broker cooperates with a licensee of the state where the property is located. However, different states have different limitations on just what these out of state brokers can legally do.

Learn how to find, interpret license law limitations, and counsel your broker clients on what they may do without jeopardizing their right to fees; and their licenses in their home states. The laws aren't as clear as you might have thought.

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