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Real estate license. A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many ...
In the United States, the state governments have jurisdiction for issuing most professional licenses to individuals and corporations. In areas that naturally cross states' borders, the national government may be the issuer. Thus the Federal Aviation Administration certificates pilots and other aviation related professionals, such as mechanics ...
Lawn signs advertising houses for sale. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements ...
e. Occupational licensing, also called licensure, is a form of government regulation requiring a license to pursue a particular profession or vocation for compensation. It is related to occupational closure. Some claim higher public support [citation needed] for the licensing of professions whose activities could be a health or safety threat to ...
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
The vast majority of states in the United States employ a system of recording legal instruments (otherwise known as deeds registration) that affect the title of real estate as the exclusive means for publicly documenting land titles and interests. The record title system differs significantly from land registration systems, such as the Torrens ...
The Driver License Compact, a framework setting out the basis of a series of laws within adopting states in the United States (as well as similar reciprocal agreements in adopting provinces of Canada), gives states a simple standard for reporting, tracking, and punishing traffic violations occurring outside of their state, without requiring individual treaties between every pair of states.
University of Idaho. Gonzaga University School of Law. Occupation. Politician. Ed Morse is a Hayden Idaho businessman and real estate consultant. He hold BS and MBA degrees from the University of Idaho, and graduated from Gonzaga University Law school, cum laude. He has a real estate valuation practice. He invests in and develops real estate.