72-5-116. Exemption from state licensure.
In accordance with Section, an employee or authorized agent working under the oversight of the department when engaging in an act on behalf of the department related to one or more of the following is exempt from licensure under:
(1) acquiring real estate pursuant to Section; 72-5-103
(2) disposing of real estate pursuant to Section; 72-5-111
(3) providing services that constitute property management, as defined in Section; or 61-2f-102
(4) leasing of real estate.