Current through December 10, 2024
Rule 30-1601-1.1 - Applying for a LicenseA. 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.
30 Miss. Code. R. 1601-1.1
Miss. Code Ann. §§ 73-35-35