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Pa Licensing Requirements CeReciprocity_paEASY

A PA broker wants to help a client purchase a timeshare in Florida. Does the PA broker need a Florida real estate license to assist with this transaction?

Correct Answer

B) Yes, if the broker is performing licensed real estate activities in Florida such as showing the property or negotiating the purchase

If the PA broker travels to Florida to show the timeshare property or negotiate the purchase on behalf of the client, they would be performing licensed real estate activities in Florida and would need a Florida license. However, simply referring the client to a Florida agent would not require a Florida license.

Answer Options
A
No, timeshare purchases do not require real estate licenses in any state
B
Yes, if the broker is performing licensed real estate activities in Florida such as showing the property or negotiating the purchase
C
No, because the client relationship was established in PA
D
Only if the timeshare costs more than $100,000

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Related Topics & Key Terms

Key Terms:

timeshareFloridalicensed_activitiesinterstate
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