For Want Of Real Estate License A Contract Is Voided

Source: National Law Review — 

Yesterday, I discussed the confused characterization of the defendant in Carbon Crest, LLC v. Tencue Productions, LLC, 2022 U.S. Dist. LEXIS 66676.  The case is nonetheless a good reminder that those who sell “business opportunities” fall within the definition of a broker under California’s Real Estate Law:

A real estate broker within the meaning of this part is a person who, for a compensation or in expectation of a compensation, regardless of the form or time of payment, does or negotiates to do one or more of the following acts for another or others:

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