EDIT- the reason I was led to believe these disclosures are painful from an agent's perspective is because of the following excerpt in my CA licensee study materials:A transaction is not invalid if the required natural hazard disclosures are not provided, but the person who willingly or negligently did not make the disclosures is liable for damages.

If you are a licensee and make it clear to the seller that if you cannot assign you will back out of the deal that does less harm to the seller.

I’d never do it.Based on my read of the TRLA, it says that in TX a licensee has a fiduciary duty to their client but you are also required to always deal fairly with the public.  

In Florida it is illegal to pay a non-licensee a fee or Commission

There are obviously a ton of exam prep materials out there, but I'm looking for something that targets the practicing professional investor/landlord/licensee, not the aspiring agent.  

In my state the Commissioner of Banks has explicitly identified the conditions of when Non Owner Occupied funding would require a registered NMLS licensee.

If you don't, you either have to have a person with the proper license pull the permits for a specific job or have a General Contractor licensee pull the permits for remodeling work.

We are the licensees for [REMOVED], a nationally branded marketing company.

NationwidepiEnjoy reading your posts but the statement you made that it is not legal for an agent to receive funds outside of closing is 100% wrong if your talking about fees for service.Not sure if we are on the same page and I am quite sure I am not 100% wrong.What I am saying is that a licensed RE sales agent can not pay or receive commissions, fees, or whatever you want to call them directky to or from another agent or person and here is why:The broker in which the licensee hangs his/her license needs to be paid and paying outside of closings without the knowledge of the broker circumvents his/her fees/commissions.

RE sales licensees are held to a high "professional" standard and if anything goes wrong, you can be blamed as you are under a ton of disclosure laws and regulations.