Current as of January 01, 2020 | Updated by FindLaw Staff
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No person may act as a real estate broker or real estate salesperson, or advertise or assume to act as such real estate broker or real estate salesperson, without a license issued by the real estate commission. No person is entitled to collect any fees, compensation, or commission as a real estate broker or real estate salesperson without having first complied with the provisions of this chapter. No copartnership, association, corporation, or limited liability company may be granted a license, unless at least one partner, shareholder, member, manager, or officer of the copartnership, association, corporation, or limited liability company, actually engaged as a real estate broker or real estate salesperson as defined herein, holds a license as a real estate broker, and unless every employee who acts as a real estate salesperson for such copartnership, association, corporation, or limited liability company holds a license as a real estate salesperson.
Cite this article: FindLaw.com - North Dakota Century Code Title 43. Occupations and Professions § 43-23-05. Real estate license required - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-43-occupations-and-professions/nd-cent-code-sect-43-23-05/
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