A North Dakota responsible broker is reviewing an applicant claims North Dakota reciprocity with a state outside Georgia, Iowa, or Minnesota. Which answer follows North Dakota law?
Correct Answer
A) North Dakota reciprocity is with Georgia, Iowa, and Minnesota
NDREC states that North Dakota has reciprocity with Georgia, Iowa, and Minnesota. Source basis: North Dakota Real Estate Commission official How To Apply page: salesperson applications are online only; resident applicants need NDREC-certified 90-hour prelicensure education, exams, fingerprints, credit/criminal history review, request to issue license, active-broker approval for active status, E&O proof, and display/posting after issue. Checked 2026-04-30.
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Related Topics & Key Terms
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Related Concepts
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
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