Under which condition may an unlicensed individual share in the income earned by a real estate broker?

An unlicensed individual may share in the income earned by a real estate broker under the condition that they do not participate in any acts requiring a license. This means that while the unlicensed individual can receive a share of income, they must refrain from engaging in activities that are legally defined as requiring a real estate license, such as listing properties, negotiating contracts, or conducting showings. Instead, their involvement might be limited to activities that support the brokerage without crossing the legal boundaries that necessitate licensure.

For instance, they could be involved in administrative duties or other ancillary functions that do not require a real estate license. This condition ensures compliance with legal standards while allowing the broker to benefit from the assistance of non-licensed individuals in non-licensable tasks. This understanding is crucial for both the broker and the individual to avoid potential violations of real estate laws.