Gerard, a Nevada real estate licensee, has been advertising his services online to California citizens. He sells resort property outside Las Vegas and believes the California market could be very lucrative. Is it permissible for Gerard to advertise in this manner? Why or why not?A. It is not permissible for Gerard to solicit California residents. He must hold a California real estate license in addition to his Nevada license.B. It is not permissible for Gerard to solicit California residents. State-to-state real estate transactions must be approved by the CalBRE.C. Yes, it is permissible for Gerard to advertise his services to California residents. He is only advertising his services, not offering any advice. Therefore a California license is not needed.D. None of the above.

Respuesta :

Answer:

A) It is not permissible for Gerard to solicit California residents. He must hold a California real estate license in addition to his Nevada license.

Explanation:

Gerald should not be advertising properties to California citizens since that is considered soliciting. In order for Gerald to be legally able to solicit California citizens, he should hold a California real estate license. A Nevada license is not valid in California (nor any other state).

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