Not exact matches
At issue in Burk Baker v. Maclay Properties Company, was the constitutionality of a former Louisiana statute requiring
reciprocity for real
estate licenses for out - of - state residents and a related regulation governing out - of - state broker cooperation.
Texas did not have
reciprocity with Louisiana, so Maclay entered into a cooperating brokerage agreement with Burk Baker, a real
estate broker
licensed in Louisiana, whereby Baker would be the sponsoring broker for Maclay's salesperson in Louisiana.
As international brokerage and real
estate on the Internet continue to grow,
reciprocity between states and other
licensing jurisdictions is becoming an increasingly important issue.
Based on what you are saying I will only need a company
license, of course after the Georgia Real
Estate Commission will manage the
reciprocity.
The court looked to the relevant Connecticut
licensing statutes and determined that according to Connecticut law, «competent real
estate brokers who are duly
licensed and currently practicing in other states with
licensing requirements and
reciprocity provisions similar to Connecticut's will be given preferential treatment in obtaining their Connecticut
licenses... an out - of - state broker may not simply come into Connecticut and do business as a real
estate broker under the putative authority of his valid out - of - state broker's
license.»