Which of the following is NOT listed as an exemption under Sec. 1101.005?

• A. Onsite apartment managers
• B. The sale, lease, or transfer of a cemetery lot
• C. A licensed attorney in this state
• D. A licensed mortgage broker in this state

Answer: (D)

Exemptions from real estate licensing under Sec. 1101.005 cover activities that don’t require a real estate license because they’re handled under other roles or statutes. Onsite apartment managers are exempt because they manage property and leases as part of property management, not as licensed real estate brokers. The sale, lease, or transfer of a cemetery lot is exempt since cemetery transactions fall outside standard real estate licensing. A licensed attorney in the state is exempt because practicing law is governed by the attorney’s license and not by real estate licensing rules.

A licensed mortgage broker in this state is not listed as an exemption, so that profession isn’t carved out from the real estate licensing requirement. Therefore, a licensed mortgage broker is the one that is NOT exempt.