Without a license, Jake once helped a neighbor find a buyer for her lot in exchange for a $1,000 "thank-you" payment she promised him. He says one deal cannot make him a broker. Under s. 475.01, F.S., is he right?
- AYes; the definition reaches only people who advertise to the general public
- BNo; a single such act for compensation brings a person within the law
- CNo, but only because his payment was more than $50 for the one transaction
- DYes; a person must close at least three deals in 12 months to be a broker