MISSISSIPPI REAL ESTATE STATE PORTION
EXAM REVIEW 2026 COMPLETE
QUESTIONS AND VERIFIED ANSWERS
⩥ How many continuing education hours are required? (Every renewal
cycle). Answer: 16 hours
⩥ In order to obtain a Mississippi Real Estate License must have a high
school diploma? Answer: True
⩥ How often must you renew your sales agent license? ( A renewal
notice will be sent out about 90 days before your expiration date).
Answer: Every two years
⩥ How old do you have to be in Mississippi to obtain a Real Estate
License? (You must be either U. S. citizen or a lawfully admitted alien).
Answer: 18 years old
⩥ What are the prelicense course requirements for a salesperson and
broker's license? Answer: 60 hour for a salesperson, 120 hours for a
broker
,⩥ What are the requirements to MREC demands of E&O insurance?
Answer: Maximum deductible of $2,500 per claim for damages and
maximum deductible of $1,000 per claim for defense cost
⩥ An applicant for a salesperson's license has failed the written exam
twice. What will happen next? Answer: The applicant must wait 3
months before taking the exam a third time.
⩥ If the MREC receives a complaint against a licensee, what steps if any
will it take? Answer: The MREC may hold a hearing of its own volition
upon receiving a complaint against a licensee.
⩥ Can an agent of a corporation that has been found guilty of violating
license law also be punished for the corporation's actions? Answer: Yes,
if the agent personally participated in or was an accessory to the
violation.
⩥ If a broker has his license suspended by the MREC, what can the
licensees working for him do? Answer: Transfer to another responsible
broker.
⩥ What type of license is issued to a person who passes the salesperson's
license exam? Answer: Temporary license holder for a year.
, ⩥ How many hours of post-license education must be completed before
a permanent license is issued by the MREC?. Answer: 30 hours
⩥ Can a temporary license be renewed?. Answer: No
⩥ Is a licensee required to verify qualified third party claims of the
square footage of a property in a transaction?. Answer: No, a licensee is
not required to verify third party information regarding the square
footage of property
⩥ Can a salesperson be held liable for any damages after providing a
property's square footage that was obtained from a third party?. Answer:
Yes, if the salesperson knowingly violated his or her duty to disclose the
source of the information.
⩥ If a licensee violated the disclosure of a property's size, when should
the injured party take action?. Answer: Action must be initiated within 2
years of the date the property transferred
⩥ Can a broker act as a dual agent in MS?. Answer: Yes, provided he or
she obtains the written agreement of all parties before commencing the
dual agency.
EXAM REVIEW 2026 COMPLETE
QUESTIONS AND VERIFIED ANSWERS
⩥ How many continuing education hours are required? (Every renewal
cycle). Answer: 16 hours
⩥ In order to obtain a Mississippi Real Estate License must have a high
school diploma? Answer: True
⩥ How often must you renew your sales agent license? ( A renewal
notice will be sent out about 90 days before your expiration date).
Answer: Every two years
⩥ How old do you have to be in Mississippi to obtain a Real Estate
License? (You must be either U. S. citizen or a lawfully admitted alien).
Answer: 18 years old
⩥ What are the prelicense course requirements for a salesperson and
broker's license? Answer: 60 hour for a salesperson, 120 hours for a
broker
,⩥ What are the requirements to MREC demands of E&O insurance?
Answer: Maximum deductible of $2,500 per claim for damages and
maximum deductible of $1,000 per claim for defense cost
⩥ An applicant for a salesperson's license has failed the written exam
twice. What will happen next? Answer: The applicant must wait 3
months before taking the exam a third time.
⩥ If the MREC receives a complaint against a licensee, what steps if any
will it take? Answer: The MREC may hold a hearing of its own volition
upon receiving a complaint against a licensee.
⩥ Can an agent of a corporation that has been found guilty of violating
license law also be punished for the corporation's actions? Answer: Yes,
if the agent personally participated in or was an accessory to the
violation.
⩥ If a broker has his license suspended by the MREC, what can the
licensees working for him do? Answer: Transfer to another responsible
broker.
⩥ What type of license is issued to a person who passes the salesperson's
license exam? Answer: Temporary license holder for a year.
, ⩥ How many hours of post-license education must be completed before
a permanent license is issued by the MREC?. Answer: 30 hours
⩥ Can a temporary license be renewed?. Answer: No
⩥ Is a licensee required to verify qualified third party claims of the
square footage of a property in a transaction?. Answer: No, a licensee is
not required to verify third party information regarding the square
footage of property
⩥ Can a salesperson be held liable for any damages after providing a
property's square footage that was obtained from a third party?. Answer:
Yes, if the salesperson knowingly violated his or her duty to disclose the
source of the information.
⩥ If a licensee violated the disclosure of a property's size, when should
the injured party take action?. Answer: Action must be initiated within 2
years of the date the property transferred
⩥ Can a broker act as a dual agent in MS?. Answer: Yes, provided he or
she obtains the written agreement of all parties before commencing the
dual agency.
