Mississippi Licensing Representation Agreement
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FAQ
The broker MUST be a licensed Mississippi broker. The distance between the salesperson and responsible broker CANNOT be MORE than a 50 mile/1 hour drive distance. If the distance is GREATER, the applicant will need to select a different, closer responsible broker. Questions 5 11: Should be self-explanatory.
(7) Exempt from the licensing requirements of this chapter shall be any person, partnership, association or corporation, who, as a bona fide owner, shall perform any aforesaid act with reference to property owned by them, or to the regular employees thereof who are on a stated salary, where such acts are performed in
Mississippi State Reciprocity: Any real estate licensee of another state who desires to obtain a license in Mississippi is exempt from the examination as long as the Commission feels the exam is equivalent to Mississippi's and that state extends this same privilege or exemption to Mississippi real estate licensees.
How to become a real estate agent in MississippiDevelop a career plan and know the pre-licensing requirement.Complete a pre-licensing education course.Secure a sponsoring broker.Apply for your state license.Take the Mississippi licensing exam.1 day ago
Out-of-State Developers However, before he can advertise out-of-state property in Mississippi, he must contact the Mississippi Real Estate Commission to get the property approved for advertising unless he plans to advertise in a national publication.
Which of the following is a requirement for all active Mississippi real estate licensees? be a legal resident of Mississippi.
The Act applies to residential (1-4 units) property sales, options, installment sales, and leases with an option to buy, regardless of whether an agent is involved.
A responsible broker must maintain an office and display the license therein. If the broker has more than one office, the broker shall display a branch office license in each branch office. The broker is responsible for the real estate practices of those licensees.
Which of the following are two criteria for members of the Mississippi Real Estate Commission? Lived in Mississippi for 6 years and worked as a broker for 5 years.