Rhode Island General Laws 42-14.4-2. License required
Current as of: 2024 | Check for updates
|
Other versions
No person, partnership, or corporation may engage in business as an apartment listing service without first obtaining a real estate broker’s license from the department of business regulation. Any apartment listing service which is issued a real estate broker’s license under the authority of this chapter shall be subject to all the rights, duties, and liabilities of a real estate broker as provided for in chapter 20.5 of Title 5. Further, the apartment listing service shall also be subject to the rules and regulations that govern the conduct of real estate brokers promulgated by the department of business regulation.
History of Section.
P.L. 1983, ch. 150, § 1.
Terms Used In Rhode Island General Laws 42-14.4-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
- real estate: may be construed to include lands, tenements, and hereditaments and rights thereto and interests therein. See Rhode Island General Laws 43-3-10