Mississippi State Real Estate Bundled Exams Questions and Answers (2024/2025) (Complete and Accurate)

Real Estate Questions and Answers Already Passed For how many months must a salesperson have been licensed before taking the broker's examination? 12 The mission of the Mississippi Real Estate Commission (MREC) is to protect the public. Which of the following is a requirement for all a...

MS Real Estate Express - Chapter 1 Quiz 4 with Certified Solutions Salesperson Sam posted an advertisement that only listed under the contact information a street address and a phone number. Is this legal? No, Mississippi law requires the licensee state the broker and real estate firm they a...

Mississippi Real Estates Math Questions and Answers Already Passed A homeowner bought a house one year ago for $250,000. Since then, the homeowner has spent $4,000 to pave the driveway and has added a screen porch at a cost of $3,000. Total depreciation has been $6,000. What is the homeowner...

Mississippi Real Estate License Law Questions and Answers 100% Pass Who is required to have areal estate license? Anyone advertising, selling or leasing property on behalf of others or carrying out real estate business on behalf of others. Who is exempt from having a real estate license? 1. ...

MS REAL ESTATE QUESTIONS AND ANSWERS 100% SOLVED Can a real estate licensee appeal a hearing decision rendered by the real commission? Yes, if the appeal is made within 30 days of the notice of the commission's action many How many days does an agent have to send in the Cooperating Agreem...

REAL ESTATE MISSISSIPPI QUESTIONS AND ANSWERS 100% PASS How much time is given to pass the Mississippi salesperson exam? (Total includes State and National portion) 4 hours or 240 minutes How many continuing education hours are required? (Every renewal cycle) 16 hours In order to obtain...

Mississippi State Real Estate Questions and Answers Already Passed How many years must members of the Mississippi Real Estate Commission be licensed as brokers before being appointed to the commission? Five The responsible broker in a company is the person responsible for the daily real es...

Mississippi Practice & REAL Estate Exam Questions Latest Update Which of the following shall act in the capacity of fiduciary to the purchasers of the timeshare plans? * The management entity The president of the timeshare association A timeshare owner appointed by the other owners The devel...

MS Real Estate State Portion Questions and Answers Rated A+ Special situations, where unusual facts exist or where one or more parties involved are especially vulnerable, could require additional disclosures not contemplated. in such cases, brokers should seek legal advice prior to entering ...

Mississippi Real Estate Exam Latest Version Graded A+ Real versus personal property real property: Real estate and the bundle of rights Personal property: all property that is not land or permanently attached to land, excepting trade fixtures and emblements. Physical characteristics of ...