Kansas salesperson Derek has completed his 30-hour pre-license education and passed the Kansas salesperson examination. He submits his license application to KREC. What additional requirement must Derek satisfy before KREC will issue his active salesperson license?
Correct Answer
C) Derek must be sponsored by a licensed Kansas broker, whose name must appear on the license application
Under K.S.A. 58-3046a, a Kansas salesperson license is issued only under the sponsorship of a licensed Kansas broker. The sponsoring broker's information must be included on the license application, and the license is issued in association with that broker. A salesperson cannot hold an active license without an active sponsoring broker.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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