Grant Scott, Marcy Hamilton and Diana Bruce Bonino have written an extensive Q&A for Thomson Reuters on the topic of Real Estate Brokerage laws and customs.
This Q&A addresses the state-specific guidance on several questions relating to brokerage laws and customs, including licensing requirements, legal restrictions on a broker’s role in a real estate transaction, brokerage agreements, commission payments, and brokers’ lien rights. This Q&A guide also provides guidance on any licensing requirements for managing commercial real estate.