Does a personal representative of a deceased person's estate need a real estate license?

Study for the Magnolia Real Estate State Exam. Sharpen your skills with flashcards and multiple-choice questions; each question offers hints and explanations. Prepare to excel in your exam!

A personal representative of a deceased person's estate does not need to hold a real estate license to sell property as part of administering the estate. In many jurisdictions, the authority granted to a personal representative includes the ability to manage and liquidate assets, including real estate, without obtaining a real estate license. This is because their role is defined by the legal framework surrounding estate management, which typically provides them with the necessary powers to act on behalf of the estate.

While options suggesting the necessity of a license might stem from a misunderstanding of the personal representative's legal authority, the role is distinct from that of a regular real estate agent who must comply with specific licensing requirements. Therefore, the assertion that a personal representative needs a real estate license for all sales is inaccurate.

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