In North Dakota real estate licensing, a nonresident salesperson applicant relies on another state license. What should the licensee remember?
Correct Answer
D) Reciprocal and other nonresident applicants must be licensed and in good standing at the salesperson level in their state of primary residence
NDREC lists good-standing salesperson licensure in the primary residence state for reciprocal and other nonresident applicants. 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.
More Practice Of Real Estate Questions
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