Which Mississippi rule applies when someone other than the developer or its regular employees sells a timeshare plan in Mississippi?

Correct Answer

C) That seller must be a licensed Mississippi real estate broker or salesperson subject to Mississippi law and MREC rules

MREC Rule 8.1 requires timeshare sellers other than the developer and regular employees to be licensed as Mississippi real estate brokers or salespersons. Source basis: MREC Rules and Regulations Rev. 02-21-2025, Part 1601 Chapter 7 and Chapter 8: out-of-state developers must contact MREC before advertising out-of-state property in Mississippi except national publications; MREC may inspect and require documentation; Mississippi broker representatives are responsible for truth and accuracy; timeshare sellers other than developer/regular employees must be licensed. Checked 2026-04-30.