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In most jurisdictions in the USA, an individual must have a permit to do certified tasks, as well as these activities are specified within the statutes of each state. The main feature of the requirement for having a permit to execute those tasks is the work done "for settlement". Thus, hypothetically, if a person wishes to aid a friend out in either selling or getting a residential or commercial property, as well as no compensation of any kind is expected in return, after that a permit is…