Organizing and licensing

Question 1

Board of realtors

Answer 1

Membership

Question 2

Real estate division

Answer 2

Governing body, two main bodies
1.director of the division
2. Real estate commission

Question 3

Director of real estate division

Answer 3

Full time position, appointed by executive director of the department of commerce. Creates a budget for preceding fiscal year.

Question 4

Real estate commission

Answer 4

Work with director to accomplish goals of real estate division.

5 members appointed by the governor and approved by the Senate.


Question 5

Commissioners

Answer 5

Four must hold a license
They must have at least five years of real estate experience and hold an active license.
The survey for your staggered term, and cannot serve for more than two consecutive years almost come from different counties .
Play

Question 6

Commissioners

Answer 6

All licensing related to real estate, education, exam procedures, etc.

Certification, of course, providers instructors

Proper handling of funds by real estate licensees

Brokerage office procedures, and record keeping

 Property Management

Standards of conduct

And divided fractional, long-term Estates
Establishes fees
Conducts administrative, hearings, not delegated to an administrative law, judge with the Director and impose sanctions
Advises the Director on matters relating to the real estate, sales and property management industries affecting the budget and advises and assist the Director in conducting seminars

Question 7

 company registration

Answer 7

A principal broker shell register with the real estate division, the name under which a brokerage or property management company will operate, the name must be approved by the department of commerce, and I will not be accepted by the division. If there is a substantial likelihood of the public could be mislead by the name