Question
Paul is not a licensed real estate agent. He locates a buyer for neighbor Shelly, who wants to sell her home. Shelly agrees in a
Paul is not a licensed real estate agent. He locates a buyer for neighbor Shelly, who wants to sell her home. Shelly agrees in a signed writing to pay Paul $12,000 if the deal closes. State law makes it a crime to represent someone in buying or selling a home for compensation without a valid real estate agent's license. Assume the buyer completed the purchase.
A.Paul is entitled to $12,000.
B.Paul is entitled to $6,000, one-half the usual commission.
C.Paul not entitled to anything because of the Statute of Frauds.
D.Paul is not entitled to anything because he does not have the proper license and committed a crime.
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