Final answer:
Generally, marketing or advertising someone else's property in Minnesota without a real estate license could be considered acting as a real estate agent, which would be illegal without proper licensure. It's important to consult state-specific laws and professionals to ensure actions comply with local real estate regulations. The likely correct answer is D, you cannot assist without being a licensed real estate agent.
Step-by-step explanation:
Whether you can legally help your cousin market and advertise his house in Minnesota without a real estate license depends on the state's specific laws regarding real estate activities by unlicensed individuals.
Typically, owning property allows an individual to market their own property without a license.
However, assisting someone else in marketing or advertising their property could potentially be classified as acting as a real estate agent or broker.
Most states require licensure for actions that involve representing a seller or a buyer in a real estate transaction, which includes marketing activities.
If you're not licensed, you generally cannot perform these activities on behalf of another person without violating real estate laws. Option C suggests that disclosing you're not licensed absolves the requirement, which is not typically the case.
Therefore, the most accurate option in accordance to general real estate law is probably option D: No, you cannot help your cousin market and advertise his house, even if you disclose to potential buyers that you are not a licensed real estate agent.
However, it is important to consult with local real estate laws and possibly with a legal professional before taking any actions in order to ensure compliance with local regulations.