Title 57, Title 57: Real Estate

57-23-5. License required. Except as provided by Section, an individual may not offer, sell, or otherwise dispose of a cooperative interest in this state unless the individual is licensed by the division under, as a principal broker, associate broker, or sales agent.

57-23-6. Disclosure required. (1) An individual may not offer, sell, or otherwise dispose of a cooperative interest in this state without making oral and written disclosure to the prospective purchaser regarding: the actual property interest being sold; the actual right of occupa…

57-23-7. Investigatory powers and proceedings of division. (1) The division may: make necessary public or private investigations within or outside of this state to determine whether any person has violated or is about to violate this chapter or any rule or order made by the divis…

57-23-8. Enforcement powers of division -- Cease and desist orders. (1) If the director has reason to believe that any person has been or is engaging in conduct violating this chapter, or has violated any lawful order or rule of the division, the director shall issue and serve up…

57-23-9. Voidable agreements. Any agreement to purchase an interest in a real estate cooperative entered into in violation of this chapter may, at the option of the purchaser, be voided and the purchaser's entire consideration paid together with interest at the legal rate, any co…