Question

A licensee who assists one or more parties through a transaction without being an agent for any party to the transaction is a(n):______.

Answer 1

A licensee who assists one or more parties through a transaction without being an agent for any party to the transaction is a Statutory broker.

What is a Statutory broker?

A statutory broker refers to a broker or a salesperson that is able to assist the parties in a transaction even though they are not an agent for either of the parties in the transaction.

Statutory brokers have regulations that they must follow however and in certain states, they need to be residents of a state.

Find out more on brokers at brainly.com/question/17085854

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