In the following, there is no need for the issuance of a license to sell, except:
A)Sale of subdivision lot resulting in the partition by co-owners.
B)Sale of the original purchaser of a subdivision lot or his heirs.
C)Sale by a subdivision developer.
D)Sale of a subdivision lot for the account of the mortgagee.

Question

Quizplus · Accepted Answer

The sale by a subdivision developer requires the issuance of a license to sell because it involves the sale of multiple lots to the public, which is regulated to ensure consumer protection and compliance with real estate laws and regulations.

In the Following, There Is No Need for the Issuance