Can an unlicensed assistant receive compensation based on the successful completion of a transaction?

Study for the Rockwell Fundamentals Test. Utilize flashcards and multiple-choice questions with explanations. Be fully prepared for your exam experience!

The correct answer is that an unlicensed assistant cannot receive compensation based on the successful completion of a transaction because it must not be contingent on sales. In the context of real estate, compensation for services related to a transaction is typically reserved for licensed agents who have the authority to engage in activities that directly affect the terms and conditions of a sale or lease.

Unlicensed assistants may provide support tasks, such as administrative work or marketing, but any payment they receive cannot be tied to the outcome of a transaction. This rule is in place to ensure that all individuals involved in the sale of real estate are properly licensed and adhere to regulatory standards. It helps maintain the professionalism and integrity of the industry while protecting consumers.

In contrast, options suggesting that compensation could be provided based on success, contingent upon the broker’s discretion, or if they held a license, misunderstand the legal framework governing real estate practices. These alternatives do not align with established licensing laws that restrict compensation to only those who are fully licensed to perform the relevant tasks associated with real estate transactions.

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