Legal Question in Real Estate Law in Texas
Licenses
Do you need a real estate license to purchase property and rent it out.
Asked on 1/28/02, 8:11 pm
2 Answers from Attorneys
Lawrence Maun
Lawrence J. Maun, P.C.
Re: Licenses
Not if you purchase it for yourself. Larry Maun 713.266.2560
Answered on 1/29/02, 10:09 am
Robert Restivo
Restivo Law Firm
Re: Licenses
Howdy:
If you are purchasing for yourself (that is, you're the buyer), and you'll rent them out as the owner of the property, no real estate licnese if required.
It would be required if you were to act on behalf of someone else in the sale, or if you were to handle the rental of someone else's property.
Answered on 1/29/02, 11:19 am
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