Missouri portion of real estate exam graded A+

Missouri portion of real estate exam graded A+ what is the purpose of chaper 339 protec the public from sales persons and brokers chapter 339 is also called what license law mo real estate commission can fine how much for violations 2500 per cioloation with a maximum of 25000 for contunued violation mo will not here what kind of complaints commisiion a real estate can not work with out workers permit from mrc. when do real estate agents and brokers need to renew license broker june 30 and sales sep 30th ahc adminstractive hearing commisiion. refused applicatnt can appeal here someone obtaining a lifense that is not a resident of mo must pass mo section of test take 24 hour practice course brokers same but have 24 ro 30 months expericecel how long of notice must buiz give mrec if changeing name or addres 10 days how many hours of continuring education do licenee need? 12/ 3 requird rest elective must benifit public if one does not finish contunie3d education classes what happens 50 fee per month not compledted 200 max and must retake the missouri practice class if sales person is terminated when does broker have to notify mrec. 72 hours what do people have to do to have a inactive license must apply and continue to reapply every two years and pay fees. no continue education classes requieed what does a inactive have to do to practice again take real estsae practice class, apply in 6 months do all discolouseres have to be in writing yes where should loan balance info and tax be obatined from lender and the county assessors office. were do commision agreemnet show up in contracts in the listing agreement NEVER in the sales contact. and will show on hud what do brokers not need to keep title insurence policys how long must broker obtain records like escow buss contracs ets 3 years can a brokers collect commision from net listings? not net lising commisiion are illegal in mo. where must brokers escow accounts be a checking accouint when must escrow money by deposited 10 days after contact is made broker can keep how much of his own money in accoun 1000 what can a broker do with escrow accounts pay people with consent of the buyer or the seller can not use for anthing els like inspections what is the hearing procedure with real estate violations merc investigates than send it to the ahc adminstractive hearing commison which the n recommends punishment then the merc then the merc will decide on the punishemtn mrec issues what for recrods subpoenas for all reconrds relevant to complaint a none license selling realestate is what class b misdemeanor when do we give ar esidentail broker disclousere form receiving any personal or financial info broker sales person acts as sale person for anoher broker send own license to mrec than can send broker sales person to broker maynot have licenses under hi but is a manager a branch office must be overseen by what broer salesperson broker parner or borker officer/associate mrec can subpoena what buizz accounts and recontds a none licenseing is practincing real estate what can mrec do do a restraining order when r renewal date for brokers and sales per sole brokers june 30th and sales sep 30 if person is den died license they hacve the right to file a complaint with the ahc a broker the chosses a fictitious name must rester with sec of state and send copy to mrc. can a broker manager more than one office no if one fails to take continuing ed classes what msut they do take the practice course and pay a 50 fee per onth late up to 200 max can a person take continu ed classes out of the sate yes if mrecc accepts them to reactivate a sale license what must they do retake practice course andapply with in 6 onths. a inactice person license is held by who the mrc. do all disclosers about being a license have to be in wrting or just disclosed must be in writing. do agncy relatioship contracts have a extension no hae a expiration date no automatic extensions. use of standerd form is what hules verse criger. all money belonging to other to be put in escrow has to be deposited.. 10 days dispute escrow money must hold until recieves relies from parties or court. is neither goes to court in 60 days can give oney to injured party if no resalution is made on escrow money what do brokers do send money to state treasury if someone has violatoin from court they could.., hace class b misdimenour or borth civil and crimial penalties may be applied a none licenses practincg real estate is gulty of what calld b misdemeanor property managment trust account is used for holding current and adcanced rents. broker can pay bills from account pro managemtn agreements must include what termination of agree and terms and conditions.