Posted by William Bronchick on February 27, 2006 at 09:10:50:
You’re asking two lawyers about ethics?
If you buy and sell properties, even through a corporate entity, you have to disclose that one or more of the principals is a licensed agent. So, if you couldn’t buy as an individual, I don’t think you could buy through a corporation or LLC.
? of ethics - Posted by justdontknow
Posted by justdontknow on February 26, 2006 at 21:55:46:
If someone works for a counties taxing district, and is also a licensed real estate professional is it unethical for him to buy investment properties for himself within that county. The district’s policy is that their employees with salesman licenses can not sell properties for anyone else, and receive a commission. If you purchase the property thru a corporation, do you still have to disclose your license status?