Question

Justin is an unlicensed person and he has been appointed a trustee of a special needs trust for his nephew. The trust will be funded by the sale of the property of his brother. Justin lists, sells, and puts the money into the trust as he is required to do.
What best describes this situation?

Answer 1

Answer: Typically, Justin will need a license since he is acting for another in selling property as this is clearly the law.

Justin cannot take any money for selling the home since this would be compensation and he would need a license to do this.

Since he doesn't have a license, taking any compensation will be deemed illegal as he needs a license to do it.