30 Miss. Code. R. 1601-1.1 - Applying for a License
A. An applicant for
a broker's license must pass the National Portion of the broker's examination
with a grade of at least 75% and must pass the State Specific Portion of the
examination with a grade of at least 80%.
B. An applicant for a salesperson's license
must pass the National Portion of the salesperson's examination with a grade of
at least 70% and must pass the State Specific Portion of the examination with a
grade of at least 75%.
C. An
application fee must accompany the application and will not be refunded after
the applicant is scheduled for the examination.
D. The approved Examination Testing Provider
will administer examination in various locations in and near the State of
Mississippi. Applicants will arrange the time and place of their examination
with the Testing Provider.
E. When
an applicant is approved for either examination, applicant has two months in
which to take and pass both the National Portion and the State Specific Portion
of the examination. If the applicant fails to appear for the examination within
the two months allowed, applicant's fee will be forfeited and their file
closed. If the applicant fails to pass the first examination, applicant will be
allowed to take the next examination with the payment of an additional fee to
the Testing Provider. If the applicant fails to appear for the second
examination, fees will be forfeited and their file closed.
F. If a corporation has been chartered by the
state of Mississippi, the license will be issued in the corporate name except
that no license will be issued for a corporation, company, or trade name where
there exists in that county or trade area a real estate broker or real estate
agency having a substantially similar name.
G. A real estate licensee of another state
who desires to obtain a license under this chapter shall be exempt from the
examination provided the examination administered in the other state is
determined by the Commission to be equivalent to such examination given in this
state and provided that such other state extends this same privilege or
exemption to Mississippi real estate licensees.
Real estate education courses obtained through sources (providers) other than those set forth in Section 73-35-7 of the statute but which are accepted in the state where the applicant is licensed, may be accepted by the Commission provided the state where the applicant is licensed has entered into a reciprocal agreement with this state.
Notes
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