Missouri Portion Of Real Estate Exam
What is the purpose of Chapter 339? Protect the public from salespersons and brokers.
Chapter 339 is also called what? License law.
Missouri Real Estate Commission (MREC) can fine how much for violations? $2,500 per violation with
a maximum of $25,000...
What is the purpose of Chapter 339? ✅ Protect the public from salespersons and brokers.
Chapter 339 is also called what? ✅ License law.
Missouri Real Estate Commission (MREC) can fine how much for violations? ✅ $2,500 per violation with
a maximum of $25,000 for continued violations.
MO will not hear what kind of complaints? ✅ Commission complaints.
A real estate __(?)__ cannot work without? ✅ Workers permit from MREC.
When do real estate agents and brokers need to renew their license? ✅ Broker: June 30; Sales:
September 30.
AHC ✅ Administrative Hearing Commission. A refused applicant can appeal here.
Someone obtaining a license that is not a resident of MO must? ✅ Pass MO section of the test & take
the 24hour practice course. Brokers same, but have 24 or 30 months experience.
How long of notice must businesses give MREC if changing name or address? ✅ 10 days.
How many hours of continuing education do licensees need? ✅ 12 hours 3 required, rest elective must
benefit the public.
If one does not finish continuing education classes, what happens? ✅ $50 fee per month until
completed; $200 max and must retake the Missouri Practice class.
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