under which of these circumstances will a licensee complete tar form rf 481 earnest money/trust money disbursement and mutual release of purchase and sale agreement?

Respuesta :

They must always disclose themselves as licensees.

What Is a Licencee?

Any company, group, or person that has received authorization from another body to carry out an activity is known as a licensee. The authorization, or license, may be granted explicitly or subtly.

The licensee will make remuneration to the license owner through fees, royalties, or another revenue-sharing arrangement.

Recognizing licensees

A licensee has been granted legal consent by another party to carry on a certain line of business over which the other party has some degree of ownership, control, or responsibility.

To know more about  Licencee, visit: https://brainly.com/question/26006107

#SPJ4