You must be an active real estate salesperson for one year. (see exception below)
Every applicant for a real estate broker’s license shall apply therefor in writing upon blanks prepared by the commission and shall provide such data and information as the commission may require.
Such application shall be accompanied by the recommendation of at least three (3) citizens who have been property owners for at least three (3) years, who have known the applicant for three (3) years, and who are not related to the applicant, certifying that the applicant bears a good reputation for honesty and trustworthiness and recommending that a license be granted to the applicant.
Each application for license shall also be accompanied by two (2) photographs of the applicant in such form as the commission may prescribe.
Each application or filing made under this section shall include the social security number(s) of the applicant.
Background investigation required of applicants for real estate broker’s, real estate salesperson’s, or nonresident’s license.
Every person who applies for a resident license as a real estate broker:
- shall be age twenty – one (21) years or over, and have his legal domicile in the State of Mississippi at the time he applies;
- shall be subject to the jurisdiction of this state, subject to the income tax laws and other excise laws thereof, subject to the road and bridge privilege tax laws thereof;
- shall not be an elector in any other state;
- shall have held a license as an active real estate salesperson for twelve (12) months immediately prior to making application for the broker’s examination hereafter specified;
- shall have successfully completed a minimum of one hundred twenty (120) hours of courses in real estate as hereafter specified; and (f) shall have successfully completed the real estate broker’s examination as hereafter specified; and
- shall have successfully been cleared for licensure by the commission’s background investigation
- An applicant who has not held an active real estate salesperson’s license for a period of at least twelve (12) months immediately prior to submitting an application shall have successfully completed a minimum of one hundred fifty (150) classroom hours in real estate courses, which courses are acceptable for credit toward a degree at a college or university as approved by the Southern Association of Colleges and Schools.
The holder of a temporary license shall not be issued a permanent license until he has satisfactorily completed a thirty-hour post-license course prescribed by the commission and offered by providers specifically certified by the commission to offer this mandated post-license education.
The holder of a temporary license shall complete the entire thirty-hour course within twelve (12) months of issuance of his temporary license; otherwise this temporary license shall automatically be placed on inactive status by the Mississippi Real Estate Commission.
If the holder of the temporary license does not complete the course and have his permanent license issued within one (1) year following the first day of the month after its issuance, the temporary license shall automatically expire and lapse.
A temporary license is not subject to renewal procedures in this chapter and may not be renewed.
The holder of an active license who has satisfactorily completed the post-license course and whose permanent license has been issued shall not be subject to the sixteen
-hour continuing education requirement in this chapter for the first renewal of his permanent license.
BROKER COURSE CONTENT
Real estate arithmetic;
Characteristics of real property;
Agency and nonagency relationships;
Real estate sale contracts/agreements of sale;
Leasing and property management;
Transfer of title/ownership/deeds;
Professional responsibilities and ethics;
Federal laws affecting real estate