8Carrying on business as real estate agent

8 Carrying on business as real estate agent (1) A person carries on business as a real estate agent if the person provides, or offers to provide, a real estate agent service for a principal for reward. (2) Each of the following is a real estate agent service: (a) buying, selling (other than by auction), exchanging, leasing, assigning or otherwise disposing of land; (b) negotiating with, or inducing or attempting to induce, a person to— (i) buy, sell, exchange, lease, assign or otherwise dispose of land; or contract to buy, sell, exchange, lease, assign or otherwise dispose of land; (c) collecting payments under a lease; (d) managing property under a lease; (e) collecting payments under a mortgage of land or payments under a terms contract for land; (f) acting as manager of an owners corporation for a units plan; (g) any other service prescribed by regulation for this section. (3) To remove any doubt, a person does not carry on business as a real estate agent only because the person carries on business as a stock and station agent.