What action is illegal for someone who is not a licensed real estate agent?

Preparing legal real estate documents is an action that requires a licensed real estate professional due to the legal implications and complexities involved. Real estate documents often include contracts, leases, and disclosures, and the preparation of these documents must comply with specific laws and regulations. Unlicensed individuals may not fully understand these legal requirements or the potential liabilities that could arise from improperly drafted documents.

In contrast, other actions such as collecting rents, displaying properties, and posting listings can sometimes be carried out by individuals without a real estate license, depending on the context and circumstances. For instance, landlords can collect rents for their own properties, and owners may display their own properties or list them online without needing a real estate license. However, preparing legal documentation that impacts the rights and responsibilities of parties involved is strictly reserved for those who are qualified and licensed to ensure compliance with real estate laws and to protect the interests of all parties involved.