Can a business entity legally lease and sell its own real estate?

[Jonathan Bowen]

I've been selling real estate for a long time but I've never thought about this issue before... Can a business entity legally lease and sell its own real estate holdings? Think about it for a minute... Individual homeowners can legally lease and sell their own properties, that makes sense, right? Let's say an owner of a business entity wants to lease or sell its business entity's own real estate. Let's say an owner of a business entity tasks an employee with leasing or selling the business entity's own real estate. Aren't those individuals acting as unlicensed real estate agents on behalf of the business entity? Aren't they, in effect, violating real estate licensing laws? I'm sure there's settled case law on this but I'm just not aware of any. Thoughts?