Sunday, March 23, 2008

Can a real estate broker and a lawyer start a real estate company together? -

My fiance is considering becoming licensed to sell real estate. I am a first year law student. I have learned a little about real estate transactions and how they work. I understand the roles of both the broker and the attorney, but I m wondering if my husband-to-be and I will be able to use our skills together to start our own business. Will I have to have a separate practice, or can the real estate lawyer be a part of the broker s company?

One doesn t eliminate the other one. My broker is a Lawyer and his experience/practice is in Real Estate. After 10 years of practicing law, he decided to be a Broker. Go ahead!

“The only exemption remaining for lawyers was that they could obtain broker registration without meeting the education requirements of the Mortgage Brokers Act,” says Steven Pearlstein, a Toronto real estate lawyer with the firm of Blustein amp; Pearlstein LLP. Report Abuse

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