Legal Question in Business Law in California
Are we violating California Department of Real Estate guidelines if we consult business buyers and sellers only on the process and not negotiating, terms, offers, showing businesses? We will only focus on the steps involved in the process such as due diligence, how to properly give a tour, preparing the business for a sale. We have independent attorneys and accountant that will handle negotiations, terms, financial review, valuations, etc.
Asked on 4/17/12, 3:42 pm
1 Answer from Attorneys
Anthony Roach
Law Office of Anthony A. Roach
That's great if you are a licensed attorney. If not, it sounds like you are giving legal advice and practicing real estate without a license.
Answered on 4/21/12, 3:03 pm
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