8/7/25, 3:58 PM Real Estate Exam- Missouri Portion only Flashcards | Quizlet
Real Estate Exam- Missouri Portion only
Save
Terms in this set (181)
7 Members. Have to have The MREC is made up of
been a us citizen for 1 year
at least. Appointed by the
governor with consent of
the Missouri senate. 6
members must have been
licensed brokers for 10
years. 1 member from
general public.
All members to vote. The MREC allows
Members may hold an
inactive license during
employment. Cannot be
actively involved in the
real estate business. $75 a
day when meeting. Plus
expenses.
Protect the public. Purpose of MREC
Established by state
legislature.
https://quizlet.com/1064428335/real-estate-exam-missouri-portion-only-flash-cards/?new 1/22
,8/7/25, 3:58 PM Real Estate Exam- Missouri Portion only Flashcards | Quizlet
True. Any person, Someone that is not licensed by MREC is not subject
corporation, partnership to rules or regulations other than person practicing
or association licensed by without a license. "Court of competent jurisdiction" to
the MREC could be make party stop. True or False
accused of a license law
violation. Which is a class
B misdemeanor. Anyone
not licensed is not subject
to MREC rules besides
practicing without a
license.
Who makes the final decision to suspend, revoke or
THE MREC.
place a license on probation?
•3 attorney generals What makes up the MAHC?
employed by the state.
Work directly for the
attorney general.
Admitted to practice
before the Missouri
Supreme Court.
•must send case to the
MAHC to determine
whether or not they are
charging the licensee.
• if the MAHC feels the
MREC is not correct the
case is dismissed.
• if they feel that they are
correct, the case is sent
back to the MREC so the
license can be revoked,
suspended, or put on
probation.
https://quizlet.com/1064428335/real-estate-exam-missouri-portion-only-flash-cards/?new 2/22
, 8/7/25, 3:58 PM Real Estate Exam- Missouri Portion only Flashcards | Quizlet
• stops practicing real What does MAHC do?
estate without a license.
• holds hearing when
requested by the MREC.
• determine guilt or
innocence. Case
dismissed if innocent.
• a person who is refused
a license by the MREC has
a right to appeal that
decision to the MAHC.
They cannot: What can MAHC NOT do?
• can NEVER fine a
licensee
• will NEVER be involved
in disputes between
licensees or companies.
• deal with someone who
commits a crime outside
of license law. They will
turn it over to the attorney
generals office.
https://quizlet.com/1064428335/real-estate-exam-missouri-portion-only-flash-cards/?new 3/22
Real Estate Exam- Missouri Portion only
Save
Terms in this set (181)
7 Members. Have to have The MREC is made up of
been a us citizen for 1 year
at least. Appointed by the
governor with consent of
the Missouri senate. 6
members must have been
licensed brokers for 10
years. 1 member from
general public.
All members to vote. The MREC allows
Members may hold an
inactive license during
employment. Cannot be
actively involved in the
real estate business. $75 a
day when meeting. Plus
expenses.
Protect the public. Purpose of MREC
Established by state
legislature.
https://quizlet.com/1064428335/real-estate-exam-missouri-portion-only-flash-cards/?new 1/22
,8/7/25, 3:58 PM Real Estate Exam- Missouri Portion only Flashcards | Quizlet
True. Any person, Someone that is not licensed by MREC is not subject
corporation, partnership to rules or regulations other than person practicing
or association licensed by without a license. "Court of competent jurisdiction" to
the MREC could be make party stop. True or False
accused of a license law
violation. Which is a class
B misdemeanor. Anyone
not licensed is not subject
to MREC rules besides
practicing without a
license.
Who makes the final decision to suspend, revoke or
THE MREC.
place a license on probation?
•3 attorney generals What makes up the MAHC?
employed by the state.
Work directly for the
attorney general.
Admitted to practice
before the Missouri
Supreme Court.
•must send case to the
MAHC to determine
whether or not they are
charging the licensee.
• if the MAHC feels the
MREC is not correct the
case is dismissed.
• if they feel that they are
correct, the case is sent
back to the MREC so the
license can be revoked,
suspended, or put on
probation.
https://quizlet.com/1064428335/real-estate-exam-missouri-portion-only-flash-cards/?new 2/22
, 8/7/25, 3:58 PM Real Estate Exam- Missouri Portion only Flashcards | Quizlet
• stops practicing real What does MAHC do?
estate without a license.
• holds hearing when
requested by the MREC.
• determine guilt or
innocence. Case
dismissed if innocent.
• a person who is refused
a license by the MREC has
a right to appeal that
decision to the MAHC.
They cannot: What can MAHC NOT do?
• can NEVER fine a
licensee
• will NEVER be involved
in disputes between
licensees or companies.
• deal with someone who
commits a crime outside
of license law. They will
turn it over to the attorney
generals office.
https://quizlet.com/1064428335/real-estate-exam-missouri-portion-only-flash-cards/?new 3/22
