IN: Licensing 18%

Question 1

Criminal background

Answer 1

Commission will not issue license with a criminal conviction for acts that would affect ability to practice competently or that would create danger to the public

Question 2

Associate broker with managing broker designation__?

Answer 2

Chooses to be supervised by another managing broker

Question 3

Licenses expire?

Answer 3

after 3 years of issuance

Question 4

Expired licenses must___?

Answer 4

be renewed within 3 years

Question 5

Termination of a licensee?

Answer 5

managing broker and the broker must notify the commission of the change of status within 5 days

Question 6

Completion verification?

Answer 6

RE schools must maintain records for at least 5 years of students who passed the courses.