This form is a Prospective Licensee Letter Agreement for use with a prospective licensee who has expressed an interest in acquiring a license for using a particular tachnology or idea owned by the company submitting the letter.
Mississippi Prospective Licensee Letter Agreement
State:
Multi-State
Control #:
US-TS8062
Format:
Word;
PDF;
Rich Text
Instant download
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FAQ
No licensee shall pay any part of a fee, commission, or other compensation received by such licensee in buying, selling, exchanging, leasing, auctioning or renting any real estate except to another licensee through the licensee's responsible broker.
The Mississippi Real Estate Commission (MREC) administers control over the commercial real estate industry in the State of Mississippi, licensing all real estate brokers and salespersons. MREC works to assure that all real estate transactions are performed in a professional and ethical manner.
Supplement and Pledge/Certification Forms: If you are a resident of Mississippi, you complete the Supplement to Application for Reciprocal License for a Resident of Mississippi. If you are NOT a resident of Mississippi, you complete the Supplement to Application for Reciprocal License for a Non-Resident of Mississippi.
The five steps to becoming a Mississippi real estate agent are as follows: Step 1: Be at Least 18 Years of Age. ... Step 2: Complete Your Required Real Estate Courses. ... Step 3: Complete and Submit Your Real Estate License Application. ... Step 4: Take the Mississippi Real Estate Exam. ... Step 5: Obtain an Employing Broker Sponsor.
"Mississippi Real Estate Commission," or "Commission" means the agency of the State of Mississippi created by §73-35-1, et seq. To regulate the licensing of real estate brokers and salespersons and by §73-35-35 directed to regulate the sale of timeshare and condominium properties.
In such instance herein where a responsible Mississippi broker enters into a cooperative agreement with a responsible nonresident broker pertaining to the sale of real property within the state of Mississippi, the responsible Mississippi broker must file two copies of the cooperating agreement with the Mississippi Real ...
No licensee shall pay any part of a fee, commission, or other compensation received by such licensee in buying, selling, exchanging, leasing, auctioning or renting any real estate except to another licensee through the licensee's responsible broker.
Who is exempt from having a real estate license? 2. Any person holding in good faith a duly executed power of attorney from the owner, authorizing the final consummation and execution for the sale, purchase, leasing or exchange of real estate.
