Is it legal for a lawyer to earn a real estate commission in Minneso?
Posted on June 26th, 2010 in Renting & Real Estate | 3 Comments »
Gerard asked:
Is it legal for a lawyer who is not a licensed real estate agent to earn a real estate commission in Minnesota?
Thermage Stretch Marks
Is it legal for a lawyer who is not a licensed real estate agent to earn a real estate commission in Minnesota?
Thermage Stretch Marks
3 Responses
Exilis Body Shaping
It depends on why he was given the comission. If he was given the comission for “legal services” then it’s legal; if he got the comission for acting as a real state agent then is illegal.
If you are sure this lawyer is not a licensed real state agent (he could be licensed even if he keep working as a lawyer) you can report him to the Real Sate Agency and to the IRS (probably he wont report the income if it was illegal).
Real Estate Listings For Sale
spammer
Gps Systems
YES! ALL LAWYERS HAVE THE AUTHORITY TO COLLECT COMMISSION ON REAL ESTATE SALES. I cannot quote you a law but I do know as a licenses real estate broker the only other peopel entitled to collect a commission are brokers or lawyers.