In a previous issue of the BULLETIN, it was announced that the Real Estate Licensing Board had determined that a real estate license would be required of persons who engage in the sale of "standing timber" (i.e., trees) as an agent for others.
Since taking this position, new information on the subject has been brought to the Board's attention. In light of this new information, the Board at its March, 1982 meeting rescinded its previous determination and adopted the position that persons who purchase or sell standing timber as agents for others are not required to be licensed as real estate brokers or salesmen.
However, the Board reaffirmed its position that the purchase, sale, exchange, etc. of "timber land" for others, are acts which do require a real estate license.