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Buying or Selling a Home/When do you need a renter's license?
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Question
My son bought a home with his now ex, who backed out of the wedding, and he is trying to sell it, but is having problems and his brother and a friend moved in to help with the house payment which is quite high,and they aren't paying him alot and his ex has been paying some, but doesn't feel she needs to pay anymore, she says it is against the law for his brother and friend to live their without him having a renter's license. Her name is still on the lease. Does he need a renter's license, I would like to show the B, if not. Thank you very much!
I don't know what state requires a renter's licnese for a private rental. I won't say for sure that it is not required but having been in several states I do know that a licnese is not required for selling or renting if the person is not representing his or herself as a real estate agent. It is not against the law to invite someone into your home and ask them to help out with the rent. It is also not against the law to advertise a home for rent if you are a private party. It is a silly as saying that a parent with a grown child living with them couldn't ask the child to help with expenses such as rent or utilities! I think that the 'ex' needs to prove otherwise but unless it is some weird law in one state I haven't heard of, tell the 'ex' that she should get her facts sraight before she starts quoting the law.
~Jessica Bryan
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Jessica Bryan
Expertise
buying and selling process such as:
General questions from first time buyers
How to market a home
Why choose a REALTOR
How do I find a REALTOR
Should I consider buying or selling without a REALTOR--how much can I save
Should I remodel or move
How much can I expect to gain by fixing up my home before selling
Helpful tips when selling
Helpful tips when buying
finding a good mortgage loan
what is the difference between banks, mortgage bankers, and mortgage brokers
Questions from the general public, people thinking about getting their real estate license, newly licensed.
Fellow professionals who have interests in networking and how to get started
What is a market evaluation and how does it differ from an appraisal what are the different loan programs
services a REALTOR can perform
when to use a lawyer
when to use escrow
what are the regional differences in the buying and selling process
what is the MLS and how does it work
how can the layman access information on the web--listings and other information
These are just a few of the questions. I can suggest that if I am unable to answer a question I will refer the inquiry to a source that can.
Experience
Anyone who is in this business and who dedicates oneself to professionalism has continued to take classes and along with it,additional credentials, awards and honors. I can list a host of them, but my greatest accomplishments happen to be those of getting first time buyers (who didn't think they could afford to buy a home)into a home of their dreams. The look on their faces when I hand over the keys is worth all of the hard work.
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