Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
6y
Lawyers can conduct real estate transactions without a real estate license because they are already licensed to practice law, and therefore write up contracts. If they want to become a Broker, they will have to take and pass the exam.
Southeast · Member since 2019 · 23 posts · 4 votes
6y
@Nathan G.
Maybe. Depends on the state. They can’t provide dual professional counsel simultaneously, so your broker cannot provide legal advice in the same transaction. It’s a conflict and you can find examples in state’s ethics opinions.