Final answer:
Exempt real estate activities include FSBO transactions, property management, rental locators, and attorneys.
Step-by-step explanation:
According to the information provided, real estate activities that do not require a license are considered exempt activities. It is important to note that real estate licensing requirements may vary by state, so it is advisable to check the specific regulations of the relevant state. However, in general, some examples of exempt activities in the real estate field include:
- For Sale by Owner (FSBO) Transactions: When a property owner sells their property without the assistance of a licensed real estate agent or broker.
- Property Management: Some states exempt property managers from needing a real estate license.
- Rental Locators or Apartment Finders: In certain states, individuals who assist in locating rental properties are exempt from licensure.
- Attorneys: In many states, attorneys who handle real estate transactions are exempt from needing a real estate license.