Missouri real estate Study guides, Class notes & Summaries

A person performing real estate activities in Missouri, under the judgment or order of a court, such as a trustee in a bankruptcy, is ______. A. Not required to have a real estate license B. to have a broker license C. Required to have at least a Broker-salesperson license D. Required to have at least a salesperson license - A. Not required to have a real estate license Which of the following lists all the parties who must sign a Missouri buyer representation agreement? A. The buyer B. T...

Chapter 339 of the MO Statutes is: Code of Ethics License Law MLS Rules For commercial agents only correct answers b Susie is employed by broker Joe to show rental properties that he manages. She shows rental units, collects security deposit checks made payable to the owner, and delivers leases. Based on these actions, Susie: Must be a real estate licensee Is violating MREC rules Is creating a criminal offense Is not required to be a MO Real estate licensee correct answers d Th...

MISSOURI REAL ESTATE - STATE PORTION ONLY/ EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ In the event of the death or incapacity of a licensed broker: - -May issue a temporary broker license to individual approved by the commission What is the maximum fine for violations the commission my charge? - -$25,000 The commission will not here what kind of complaints? - -Commission disputes between licensees A real estate cannot work without what? - -A workers permit issued by the Real Estate Com...

Missouri Real Estate Broker Exam (2023) | Questions & Answers (100% Verified)Missouri Real Estate Broker Exam (2023) | Questions & Answers (100% Verified)Missouri Real Estate Broker Exam (2023) | Questions & Answers (100% Verified)Missouri Real Estate Broker Exam (2023) | Questions & Answers (100% Verified)Heterogeneity or Nonhomogeneity - ANSWER - Every parcel of land is different Immobility - ANSWER - Location of a parcel of land can never be changed Durable - ANSWER - Refers to land tha...

If a licensee violates a provision of the Missouri License Law, the licensee: - Shall be guilty of a class B misdemeanor and may be liable for criminal prosecution A broker takes a listing, which one is illegal in Missouri? - Seller collects 94% of list price and broker is to get all above that If a licensee breaches his fiduciary responsibilities to the principal, which of the following actions could not be taken against the licensee? - The state may rescind all contracts negotiated by the...

2024 COLIBRI REAL ESTATE (MISSOURI) EXAM WITH CORRECT ANSWERS

Missouri Real Estate Practice Exam Questions and answers new update

Missouri Real Estate 48 Hour Course Unit Quizzes MO Law

Missouri Real Estate Practice Exam

Which of the following is a true statement about investigations into licensees once a complaint has been filed with the MREC? A. Licensees are required to respond to the complaint in writing and make records available to the MREC. B. The Administrative Hearing Commission is responsible for investigating the matter to determine whether it's likely that the licensee violated license law. C. The MREC has the authority to conduct a formal hearing to determine whether the licensee has violated ...