Posted by John Merchant on January 06, 2003 at 13:07:10:
Generally speaking, anywhere in N.America, US or CAN, one can represent him/herself if any kind of legal endeavor, including REI without restriction or limitation.
Meaning, if you make yourself the principal in ANY and ALL RE you do, in CAN or US, no problem.
Now this does NOT mean you can represent your own Corp or Trust. Those critters are separate legal entities (persons) whom you’d have to be a licensed lawyer to represent.
But as long as you’re just doing deals for yourself, with YOU as a named buyer or seller or lessor or lessee, there is NO restriction.
I am simultaneuosly pursuing my Real Estate license and learning about Real Estate Investing; I believe the two will complement each other. In Ontario, where I will be practicing, “trade” in real estate, which by definition includes options, leases, etc., is forbidden to anyone not licensed (with certain exceptions not applicable to me). Being licensed may cause a conflict of interest. How can I go about Real Esate investing without doing anything against this stipulation?