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In most states a real estate license is needed in order to sell property owned by someone else. A real estate agent sells someone else's property for a commission, as a service provided to the seller. Anyone can sell her/his own property without using an agent. So the owner of a building company presumably owns the property he builds, and can therefore sell it without a license.
It is always legal for you to sell your own property. You only need a real estate license to sell other people's property on their behalf.
Yes, having a real estate license is an essential requirement when dealing with any kind of real estate transaction in the USA. In fact, these licenses are authorizations, which are issued by a state administration in the USA, that give legal ability to real estate appraisers and agents to carry out fair property purchase or for sale deals when a buyer or seller is in process of purchasing or selling real estate property in the US. Sales of commercial property is no exception to this. If you intend to sell your commercial real estate, you need good advice from a reputed commercial property appraisal company to know the accurate market value of your commercial property. While hiring a commercial property appraiser, you should ensure that he or she has a valid real estate license to carry out the appraisal process for your commercial property. Be cautious of appraisers with an expired license even if they claim it expired recently and that they are expecting the renewed one any day. It is also advisable to check whether any time in the past his license was suspended. By hiring an efficient and honest appraiser, you can sell your commercial property safely without getting duped.
If a person has an active real estate license, they also have a broker. Having a real estate license without placing it with a brokerage means the license is inactive. In selling his/her home, a person with an inactive license would have to disclose having a real estate license, and then do a For Sale By Owner. A person with no real estate license can sell a home as a FSBO.
You don't have to have any sort of license to sell your own home. You do however have to have a real estate license to sell someone else's home.
In most states a real estate license is needed in order to sell property owned by someone else. A real estate agent sells someone else's property for a commission, as a service provided to the seller. Anyone can sell her/his own property without using an agent. So the owner of a building company presumably owns the property he builds, and can therefore sell it without a license.
It is always legal for you to sell your own property. You only need a real estate license to sell other people's property on their behalf.
No. The property cannot be sold without your signature unless it is still in the estate and the executor still has authority over it. An executor can sell the real estate if there was power granted in the will or if they request a license to sell real estate from the court. Once the estate has been settled, your signature is required to sell your interest in the property.
You can sell anything on land you own or someone's property (if they let you)
No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.
Generally, the sale of real property by a guardian requires a court order or a license issued by the court. You need to check the laws in your jurisdiction.
If the house will be yours then you can buy the house without a license. If the house belongs to you then you can sell it without a license. However, I highly recommend that you use a real estate agent when buying and selling real estate. When buying real estate, title searches need to be performed to determine who is the rightful owner and what debt and taxes are levied against the property. When selling real estate, the buyer's credit and financial ability has to be determined before selling the property to the buyer. If these things are not done properly you could end up getting ripped off big time.
No, an owner can advertise his property at any time. A real estate license is required if one is being paid a commission to sell a property belonging to someone else.
If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.
An Administrator has no authority to sell the real estate. They must apply to the court for a license to sell the real estate. The court will consider the petition and if they find the request to be reasonable will issue a license to sell. The license gives the Administrator the authority to sell and convey clear title.
No not without an appointed Guardian
Yes but generally the executor must have the right to sell real estate granted in the will or must obtain a license to sell from the court. Some jurisdictions allow the executor to sell the real estate without obtaining the fore-mentioned authority.Yes but generally the executor must have the right to sell real estate granted in the will or must obtain a license to sell from the court. Some jurisdictions allow the executor to sell the real estate without obtaining the fore-mentioned authority.Yes but generally the executor must have the right to sell real estate granted in the will or must obtain a license to sell from the court. Some jurisdictions allow the executor to sell the real estate without obtaining the fore-mentioned authority.Yes but generally the executor must have the right to sell real estate granted in the will or must obtain a license to sell from the court. Some jurisdictions allow the executor to sell the real estate without obtaining the fore-mentioned authority.