missouri portion of real estate exam Questions and Answers Solved 100%

a branch office must be overseen by what - broer salesperson broker parner or borker officer/associate a broker the chosses a fictitious name must - rester with sec of state and send copy to mrc. a inactice person license is held by who - the mrc. a none license selling realestate is what - class b misdemeanor a none licenseing is practincing real estate what can mrec do - do a restraining order a none licenses practincg real estate is gulty of what - calld b misdemeanor a real estate can not work with out - workers permit from mrc. ahc - adminstractive hearing commisiion. refused applicatnt can appeal here all money belonging to other to be put in escrow has to be deposited.. - 10 days broker can keep how much of his own money in accoun - 1000 broker sales person - acts as sale person for anoher broker send own license to mrec than can send broker sales person to broker maynot have licenses under hi but is a manager can a broker manager more than one office - nocan a brokers collect commision from net listings? - not net lising commisiion are illegal in mo. can a person take continu ed classes out of the sate - yes if mrecc accepts them chapter 339 is also called what - license law dispute escrow money - must hold until recieves relies from parties or court. is neither goes to court in 60 days can give oney to injured party do agncy relatioship contracts have a extension - no hae a expiration date no automatic extensions. do all disclosers about being a license have to be in wrting or just disclosed - must be in writing. do all discolouseres have to be in writing - yes how long must broker obtain records like escow buss contracs ets - 3 years how long of notice must buiz give mrec if changeing name or addres - 10 days how many hours of continuring education do licenee need? - 12/ 3 requird rest elective must benifit public if no resalution is made on escrow money what do brokers do - send money to state treasury if one does not finish contunie3d education classes what happens - 50 fee per month not compledted 200 max and must retake the missouri practice class if one fails to take continuing ed classes what msut they do - take the practice course and pay a 50 fee per onth late up to 200 maxif person is den died license they hacve the right to file a complaint with the - ahc if sales person is terminated when does broker have to notify mrec. - 72 hours