Law 2 - Practice Flashcards
As of Jan 2016, all active licenses must take _______ hours of post-license education.
48
All actively licensed agents except those licensees exempt under the grandfather clause shall successfully complete ____ hours of continuing education biennially after their first 2 years.
12
Persons licensed under the real state laws of this state prior to year _________, shall not be subject to any education changes in this chapter or subject to any coninuing education requirements.
1976
An active license file with the commission a certificate of completion for each course for which credit is sought by _______ of each calendar year.
Dec 31
An _________ licensee shall not be required to attend continuing education courses.
inactive
There is a ___________ fine which shall be assessed against each licensee who fails to complete the continuing education requirements by the end of the calendar year.
$1,000
A licensee who does not put license inactive or file a delinquency plan when they failed to take continuing education shall have his license _____________.
cancelled
A fine of ________ is assessed for failure to renew on time.
$200
Notice shall be given in writing if a sales associate transfers from one __________ to another, or a change of _____________.
broker
surname
The commission shall be notified of change of address within _____ days.
10
Upon termination with a broker, a salesman shall turn over any and all ______________________.
listing information
A licensee may place their license inactive provided they do not _________________________ for others during the term of inactive status.
engage in any real estate activity
No _________________ fee shall be charged in any year to a licensee.
affiliation
No real estate advertising shall be intentionally __________, _____________, or _______________.
false, misleading, or deceptive
A sales associate may have his or her name in the firms name after ____ years experience.
2
