A missouri broker - Study guides, Class notes & Summaries
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Missouri Real Estate Exam Questions and Answers 100% Pass
- Exam (elaborations) • 26 pages • 2023
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Missouri Real Estate Exam Questions and Answers 100% Pass 
The MREC requires the brokers for the buyer and seller to retain legible copies of both buyer's and seller's signed closing statements 3 years 
By what title is Chapter 339 of the Missouri State Statutes also known? The license law 
If the buyer and seller are represented by different brokers, it is the responsibility of ________ to deliver, or cause to have delivered, the closing statements. listing broker 
Broker Kelley took a listin...
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MO Real Estate Exam Practice Questions & Answers Verified 100% Correct!!
- Exam (elaborations) • 20 pages • 2024
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Licensing - Renewals/ Termination Etc - ️️Brokers license renews by 6/30 of even 
years ($50) 
Salesp must renew by 9/30 of even years ($40) 
-2 yrs salesperson before broker 
- broker must notify MREC within 72 hours of termination 
- Salesperson has 6 months to find new broker or place on inactive 
- Listings belong to broker (transfer req written consent) 
- "Dual Contracts" to deceive lender = federal offense 
MO Admin Hearing Commission (MAHC) - ️️Determines guilt/innocence; i...
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Missouri Real Estate Exam Practice | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 21 pages • 2024
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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...
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| LATEST EXAM UPDATES| 2024/25 |MISSOURI REAL ESTATE PRACTICE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+
- Exam (elaborations) • 25 pages • 2024
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MISSOURI REAL ESTATE PRACTICE EXAM REVIEW 
QUESTIONS AND ANSWERS, GRADED A+ 
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 aut...
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Missouri Real Estate Practice Exam Questions and Answers
- Exam (elaborations) • 33 pages • 2024
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Missouri Real Estate Practice Exam 
Questions and Answers 
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 fo...
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| LATEST EXAM UPDATES| 2024/25 |MISSOURI REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/
- Exam (elaborations) • 25 pages • 2024
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MISSOURI REAL ESTATE EXAM REVIEW QUESTIONS AND 
ANSWERS, GRADED A+/ VERIFIED/ 
Chapter 339 of the MO Statutes is: 
Code of Ethics 
License Law 
MLS Rules 
For commercial agents only - -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...
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Missouri Real Estate Practice Exam Questions and Answers
- Exam (elaborations) • 33 pages • 2024
-
- $13.49
- + learn more
Missouri Real Estate Practice Exam 
Questions and Answers 
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 fo...
-
Missouri Real Estate Exam Practice | Questions with 100% Correct Answers | Verified | Latest Update 2024 | 21 Pages
- Exam (elaborations) • 21 pages • 2023
-
- $17.49
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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...
-
Missouri Real Estate Exam Questions and Answers
- Exam (elaborations) • 31 pages • 2024
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- $13.49
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Missouri Real Estate Exam Questions and Answers 
Chapter 339 of the MO Statutes is: 
Code of Ethics 
License Law 
MLS Rules 
For commercial agents only - Correct Answer ️️ -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 t...
-
| LATEST EXAM UPDATES| 2024/25 |MISSOURI REAL ESTATE 48 HOUR COURSE UNIT QUIZZES MO LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+
- Exam (elaborations) • 24 pages • 2024
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Available in package deal
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MISSOURI REAL ESTATE 48 HOUR COURSE UNIT QUIZZES 
MO LAW EXAM REVIEW QUESTIONS AND ANSWERS, 
GRADED A+ 
c. license law - -Chapter 339 of the Missouri Statutes is known as: 
a. Law of agency 
b. code of ethics 
c. license law 
d. administrative commission code 
c. her commission would be based on her agreement with her broker - -A salesperson licensed in 
another state but NOT in MO comes into MO and refers her brother to a RE company in MO to assist 
him in the purchase of a home. The salesp...
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