In the State of California If a Lawyer participates in a Real Estate Transaction...

Profile picture for girouard property RE
Does a Lawyer have to have a Broker's License to recieve a Commission?
I'm not talking about "Giving Advice" or "looking over Documents and Contracts" and just giving legal advice for an hourly fee. I'm talking about writting an offer for a client and participation in the transaction untill the close of escrow, and the title officer sends a commission check to the lawyer.
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0Yes

May 28 2009 - San Francisco
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Answers (1)

Profile picture for Team Blair Tahoe
A lawyer Does have to have a Real Estate license to obtain a commission.  My wife passed the bar exam and is a licensed attorney, but also needed to take the California Broker exam to work as a Realtor.  However, she was exempt from several classes, and was able to take the Brokers exam without having to do the standard California R.E. exam.

As always, it is a good idea to get a second opinion from you lawyer :)
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0Yes

May 30 2009
 

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