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authoranoduck <9925396+anoduck@users.noreply.github.com>2024-11-03 07:42:09 -0500
committeranoduck <9925396+anoduck@users.noreply.github.com>2024-11-03 07:42:09 -0500
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tree81b42f4828b4b92456bd1d9b34c4fe8dcc22c9b0 /content/legal/selling-real-estate-without-a-license.md
parentebe0b7f231ffa8d3cdd59942ad938a9aae8ce2d4 (diff)
feat(content): :sparkles: Alias creations, new content, frontmatter configuration
Big push: Creation of aliases for google, required new content, and further changes to frontmatter configuration. #24 Otter links work.
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@@ -18,6 +18,8 @@ thumbnail:
origin: Unsplash
originURL: ""
fmContentType: legal
+alias:
+ - /Essays/unlicensed_brokers/
---
### O.C.G.A. 10-6a-3
@@ -63,7 +65,7 @@ Below is a list of activities reserved by law that comprise the duties and respo
### Merely referring does not require license
-Through our experience with several attorneys, we have discovered there is some confusion over the legality of selling real estate without a license, regardless of it being so clearly defined in the state's statutes. After deliberation, we resolved to attribute much of this confusion to the following opinion issued by the Georgia Attorney General in 1953, which gives variance on individuals who casually refers someone to a property they are aware of being sold. The legality of this being hinged upon the referrer not receiving compensation for his referral. As stated in O.C.G.A. 43-40-1, this compensation can come in the form of a "fee, commission, or any other valuable consideration."[^2]. So, compensation is not exclusively required to take place in monetary value.
+Through our experience with several attorneys, we have discovered there is some confusion over the legality of selling real estate without a license, regardless of it being so clearly defined in the state's statutes. After deliberation, we resolved to attribute much of this confusion to the following opinion issued by the Georgia Attorney General in 1953, which gives variance on individuals who casually refers someone to a property they are aware of being sold. The legality of this being hinged upon the referrer not receiving compensation for his referral. As stated in O.C.G.A. 43-40-1, this compensation can come in the form of a "fee, commission, or any other valuable consideration."[^2]. So, compensation is not exclusively required to take place in monetary form.
Person who procures a purchaser for real estate, but who does not accept any compensation therefor, does not violate law requiring all real estate dealers to first procure a license, notwithstanding fact that such person does charge a fee for services in procuring a loan incident to purchase of such property. 1952-53 Ga. Op. Att'y Gen. 410.