Real estate license is an administrative license.
Real estate licenses allow a landlord to operate a property without a permit.
The real estate broker will have the authority to issue the license.
Reasonable modifications may be made to the terms of the license as long as the modifications do not result in a material change in the use of the property.
A license for a residential property will allow the landlord to rent out the premises for the duration of the lease and the tenant must pay the landlord the rent and the landlord’s share of any damages caused by the tenant.
A residential lease may be terminated if the landlord fails to comply with a condition set forth in the lease, in addition to any other legal requirements.
A real estate agent will be licensed as a realtor if he or she has an office, but does not operate the real estate business from his or her home.
A real estate agency licensed as an agent for a landlord will be an agent in a rental unit, but not for a rental home.
The agent is responsible for compliance with all laws pertaining to rental properties and rental housing.
A rental agency licensed in this state may provide services for a property.