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Mississippi License Law I Quizzes with 100% Correct Answers
- Exam (elaborations) • 8 pages • 2024
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Mississippi License Law I Quizzes with 
100% Correct Answers 
Which of the following is NOT a requirement in order to procure a sales license? - 
Answer- * Must complete be a Mississippi resident for at least six (6) years 
Must be at least eighteen (18) years of age 
Must pass a licensing examination 
Must complete a sixty (60) hour prelicensing course 
The listing agent will probably not be held liable for inaccurate property disclosure 
information if the information was obtained from: - Answ...
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Mississippi License Law I Quizzes with 100% Correct Answers
- Exam (elaborations) • 8 pages • 2024
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- $12.49
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Mississippi License Law I Quizzes with 
100% Correct Answers 
Which of the following is NOT a requirement in order to procure a sales license? - 
Answer- * Must complete be a Mississippi resident for at least six (6) years 
Must be at least eighteen (18) years of age 
Must pass a licensing examination 
Must complete a sixty (60) hour prelicensing course 
The listing agent will probably not be held liable for inaccurate property disclosure 
information if the information was obtained from: - Answ...
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Mississippi Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)
- Package deal • 17 items • 2024
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- $25.49
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Mississippi Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)
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Mississippi License Law Ch. 1 - Questions and Answers Rated A+
- Exam (elaborations) • 19 pages • 2024
- Available in package deal
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Mississippi License Law Ch. 1 - 
Questions and Answers Rated A+ 
 
In order to prevent suspension or revocation of a license, what must a broker do with earnest 
money received? Deposit the money into an escrow account by the close of the next banking 
day. 
 
If the MREC receives a complaint against a licensee, what steps, if any, will it take? The 
MREC may hold a hearing of its own volition upon receiving a complaint against a licensee. 
 
Why: The Commission will initiate a hearing if it rec...
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Mississippi License Law Questions and Answers 100% Pass
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
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- $9.99
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Mississippi License Law Questions and 
 
Answers 100% Pass 
 
Who appoints the members of the Mississippi Real Estate Commission? The Governor 
 
In order to prevent suspension or revocation of a license, what must a broker do with earnest 
money received? Deposit the money into an escrow account by the close of the next banking 
day. 
 
If a licensee is found to be in violation of Mississippi license law, what powers does the MREC 
have? The MREC can suspend, revoke or refuse to issue a license...
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