Ms real estate state - Study guides, Class notes & Summaries

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 - Answer should seek legal advice prior to entering into an agency relationship If a broker, as escrow agent, accepts a check and later finds that such check has not been honored by the bank on which it was drawn, the broker shall - Answer immediately notify all parties involved in the transaction Mo...

Real Estate - State Chapter Tests with Complete Solutions Accurate 100% Real Estate - State Chapter Tests with Complete Solutions Accurate 100% Real Estate - State Chapter Tests with Complete Solutions Accurate 100% C - ANSWER Someone who is licensed in MS to sell, buy, or lease real estate for a fee is defined as a a. real estate sales person b. responsible nonresident broker c. real estate broker d. personal assistant b - ANSWER the primary purpose of the Mississippi Real Est...

MS State Real Estate Exam Correct Questions & Answers (SCORED A+)MS State Real Estate Exam Correct Questions & Answers (SCORED A+)MS State Real Estate Exam Correct Questions & Answers (SCORED A+)MS State Real Estate Exam Correct Questions & Answers (SCORED A+)MS State Real Estate Exam Correct Questions & Answers (SCORED A+) Who are exempt from having a real estate license? - ANSWER Public officials The following people may be excluded from holding a real estate license exept? - ANSWER A pers...

Mississippi Real Estate Commission - Answer MREC 73-35-5 - Answer the Mississippi state agency which was created by ____________ to regulate the licensing of real estate brokers and salespersons, with its duties and authorities included in the law. Mississippi Real Estate Commission (MREC) - Answer the Mississippi state agency which was created by 73-35-5 to regulate the licensing of real estate brokers and salespersons, with its duties and authorities included in the law. Real es...

MS Real Estate State Portion With 100% Correct Answers

An applicant for a broker's license must pass National exam with _____ and state exam with ____ - Answer 75% national exam 80% state exam An applicant for a salesperson's license must pass national exam with _____ and state exam with ____ - Answer 70% national exam 75% state exam 2 points in regards to an application fee are: - Answer 1- an application fee must accompany the application 2- it will not be refunded after exam has been scheduled Where will test take place? - Ans...

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 - Answer should seek legal advice prior to entering into an agency relationship If a broker, as escrow agent, accepts a check and later finds that such check has not been honored by the bank on which it was drawn, the broker shall - Answer immediately notify all parties involved in the transaction Mo...

Who are exempt from having a real estate license? - ANSWER Public officials The following people may be excluded from holding a real estate license exept? - ANSWER A person who places an ad on the internet under their responsible broker The 5 commissioners appointed by the governor with advise and consent from the senate have the power to all of the following except: - ANSWER Appoint a commissioner Can the real estate commission issue subpoenas? - ANSWER Yes, because it is within the au...

C - ANSWER Someone who is licensed in MS to sell, buy, or lease real estate for a fee is defined as a a. real estate sales person b. responsible nonresident broker c. real estate broker d. personal assistant b - ANSWER the primary purpose of the Mississippi Real Estate Commission is to a. issue real estate licenses b. protect the public c. test real estate license applicants d. investigate real estate law violations d - ANSWER which of the following is outside MREC's authori...

MS State Exam Correct Questions & Answers (SCORED A+)MS State Exam Correct Questions & Answers (SCORED A+)MS State Exam Correct Questions & Answers (SCORED A+)MS State Exam Correct Questions & Answers (SCORED A+)v Can a real estate licensee appeal a hearing decision rendered final by the real estate commission? - ANSWER Yes, if the appeal is made within 30 days of the notice of commission's action. How many days does any agent have to send in the Cooperating Agreement with out-of-state real...