Ga Attorney Real Estate Without License
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FAQ
Ing to the position, unlicensed assistants may not do the following: Negotiate, list, or sell real property. Prepare legal documents such as listing and sales contracts.
Unlicensed employees may perform tenant-related actions in apartment and vacation rentals, such as: showing available units and facilities to prospective tenants; providing prospective tenants with information about listed rent rates and boilerplate lease and rental agreement provisions [See RPI Form 550 and 551];
Acting as a licensee without a license (or exemption) is a misdemeanor. Real Estate Commission can issue a cease & desist order. Violating this order can result in a fine of $1,000 per transaction and each day person continues.
In Georgia, a property management company must hold a broker's license. A salesperson with a Georgia real estate license can also perform property management activities under the supervision of their broker.
License law specifically provides that a licensee can be sanctioned for ?paying a commission or compensation to any person for performing the services of a real estate licensee who has not first secured the appropriate license? from the GREC. (O.C.G.A. § 43- 40-25(b)(17)).