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21 Cards in this Set

  • Front
  • Back
The real estate commission examines applicants for:
licenses, issues licenses, discipline/notify public of discipline.
Develop and adopt regulations to
specify what applicants must do to:
a)obtain a license
b) keep a license
c)what comm. must do to suspend a license
Action requiring discipline
Make a substantial
misrepresentation.
Action requiring discipline
Make a false promise likely to
influence, persuade, induce
Action requiring discipline
violation of
conflict of interest
Action requiring discipline
Broker violating location of
office
Action requiring discipline
Procuring a license through
deceiving the commission
Action requiring discipline
Knowingly distributing, publishing what?
Material false statement
Action requiring discipline
False claim of
ass. broker claiming to be broker
licensee claiming to be broker
Action requiring discipline
Broker employing a non licensed person to perform what?
activities that require a license
Action requiring discipline
Licensee fails to immidiateley turn over money/property in a transaction to
their broker
The commission may prosecute through
the department of law
Commission will release in public newspaper notice of
disciplinary action taken
If a broke dies or becomes legally incompetnet the commission may
issue a temp. permit to the person handling the estate to conclude the affairs of the business
Commission may Administratively
collect fees and
issue receipts
Administratively
keep records of
receipts and payments
Administratively
Send and receive application, and tell people if
application has been accepted
Administratively
Set exam
publish notice of exam
print
provide
tell applicants of
dates
30 days prior
exam
space for holding exam
exam results
Administratively
Send out renewal notices before
12/1
Administratively
Keep up to date list of
licensees, suspended/revoked licenses, office registrations
realestate commission assistants may
issue licenses, prepare questions for exam, administer/grade exams,certify courses,approve instructors, negotiate terms for payment of fines