Illegal To Assign Or Otherwise Convey Option In GA?

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Someone told me today that a law was just passed in Georgia saying that if anyone placed an option on a property and then did not buy it themselves that they were acting as a realtor and now illegally. Anybody else heard this?

JohnCl

Comments(1)

  • pspiers29th July, 2004

    I have heard of no such law. If you represented/advised someone buying or selling an option on real estate, then you would need to be licensed.

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