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Practice Of Real EstateLicense LawHARD

A transaction coordinator in Cary is sorting out a file issue involving licensure scope, definitions, and exemptions. Which statement best applies under current North Carolina law?

Correct Answer

A) A North Carolina attorney may perform acts that are part of the practice of law without holding a real estate broker license.

A North Carolina attorney may perform acts that are part of the practice of law without holding a real estate broker license.

Answer Options
A
A North Carolina attorney may perform acts that are part of the practice of law without holding a real estate broker license.
B
An attorney exemption allows an unlicensed paralegal to perform brokerage services for compensation.
C
A North Carolina attorney must still obtain a broker license before closing any real estate transaction.
D
Only out-of-state attorneys are exempt from North Carolina broker licensure.

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Related Topics & Key Terms

Key Terms:

attorney_exemptiondifficulty_5exemptionsgs_93a_licensure_scope_and_definitionsnc_license_lawnc_statenorth_carolinapractice_of_lawtiming_forms_exceptions_and_authority
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