Sentences with phrase «real estate salesman regularly»

Not exact matches

As now constituted, Section § 442 restricts the activities of unlicensed persons in regulated real estate transactions by prohibiting a broker from (1) paying any part of its commission to another for help rendered by such person to the broker in the buying, selling, exchanging, leasing, renting or negotiation of a loan on real estate, including condominium resales, unless such person is a duly licensed real estate broker or salesman regularly associated with the broker and (2) prohibiting the broker from paying any part of its commission to any party to the transaction unless such party is duly licensed.