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The fine for practicing real estate without a license is:"

a) $10,000 or the commission whichever is greater.
b) $5,000 or the commission whichever is greater.
c) $3,000 or the commission whichever is greater.
d) $1,000 or the commission whichever is greater.

User Jahed
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1 Answer

7 votes

Final answer:

The fine for practicing real estate without a license varies by jurisdiction, requiring reference to specific local laws. Without context, it's impossible to determine whether option a, b, c, or d is correct, but practicing without a license carries severe penalties such as financial fines.

Step-by-step explanation:

The fine for practicing real estate without a license can vary by jurisdiction, but typically the law provides for substantial fines to deter unlicensed activity. Without specifying a jurisdiction, it's not possible to definitively state which of the provided options (a, b, c, or d) is correct. It is essential to refer to specific state or local laws to ascertain the accurate penalty in a given area. Penalties for unlicensed practice are often set to be significant enough to deter the practice and may include fines calculated on the basis of the commission that would have been earned, which can be a substantial amount.

As such, without more context or a specific jurisdiction referenced, answering this question with the correct fine amount is impossible. However, individuals should never practice real estate without a license, as it is illegal and subject to severe penalties, including financial fines and possibly criminal charges.

User Chevett
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