In North Dakota real estate licensing, a person wants to act or advertise as a North Dakota real estate salesperson without a license. What should the licensee remember?
Correct Answer
B) A person may not act, advertise, or assume to act as a broker or salesperson without a license issued by the Commission
NDCC 43-23-05 requires a Commission-issued license before acting, advertising, or assuming to act as a broker or salesperson. Source basis: North Dakota Century Code Chapter 43-23: sections 43-23-05, 43-23-08, 43-23-08.2, 43-23-08.4, 43-23-09, 43-23-12, 43-23-13.1, and 43-23-19 govern licensing, age and education, CE, criminal history checks, broker designation/change, renewal, cancellation, and E&O. Checked 2026-04-30.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
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