Final answer:
The sale of a business that includes real property typically requires a licensed real estate broker. This ensures proper legal procedures are followed, including contract execution and property title transfer.
Step-by-step explanation:
When it comes to the sale of a business, including its real property, the question of whether a broker's license is required is a legal one. In many jurisdictions, the sale of real property does necessitate the involvement of a licensed real estate broker. This is to ensure proper handling of the intricacies involved in property transactions such as verifying clear title, accurately measuring land dimensions, and computing acreage, all of which are crucial for the legal transfer of real estate.
The statement given is true: if real property is an asset of the business that is for sale, a broker's license is generally required to sell the business. This is because a real estate broker has the specialized training and legal authority to handle the complexities of property sales, including the execution of contracts, which are legal agreements between parties regarding the use or transfer of property.