Final answer:
An unlicensed person is not legally allowed to sell any homes professionally as a business; doing so without a license is against the law. They can sell their own personal residence without needing a real estate license. Regulations on the number of personal property sales permitted without a license differ by location.
Step-by-step explanation:
Explanation in 200 words: In most jurisdictions, selling real estate as a business activity requires a professional license. This regulation is meant to protect consumers by ensuring that real estate transactions are handled by qualified individuals. Selling someone else's home or repeatedly selling homes for profit without a license is illegal and can result in penalties, including fines or imprisonment. Regulations may vary from place to place, but commonly, if someone wants to sell real estate that they do not own, they must obtain a real estate license.
Exception comes into play with the sale of personal property; individuals have the right to sell their own home without being licensed. This scenario usually allows for only a limited number of transactions, often restricted to the sale of one's primary residence or a certain number of personal properties within a specific timeframe. It is essential to consult local laws to understand the specifics, as the exemptions can widely vary. Those interested in selling real estate professionally should seek appropriate training and legal licensure to conduct such activities lawfully.