Court ordered sales can be complex and tense, with uncertain outcomes. But the sales happen all the same. Your clients may be interested in purchasing a judicial sale, or maybe you’ve been approached by a lender to list one. Here’s what you need to know.
The Real Estate Act is clear. You need a licence to work as a mortgage broker, as a real estate broker, or as a real estate appraiser. This licensing requirement is fundamental to consumer protection.
But, what about when you have a licence for one industry – for example, you’re a licensed real estate associate – but some of your conduct crosses the line into an industry in which you are not licensed?