North Dakota Real Estate Practice Exam

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Get ready for the North Dakota Real Estate Exam. Prepare with flashcards, multiple choice questions, and expert-curated content to ensure your success. Improve your knowledge and tackle the exam with confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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When a salesperson changes their employer, how many days do they have to inform the commission in writing?

3 days
5 days
10 days
15 days

The correct answer is: 10 days

When a salesperson changes their employer, they are required to inform the commission in writing within a specified time frame. In North Dakota, this timeframe is set at 10 days. This requirement is in place to ensure that the real estate commission is kept informed of current business activities and affiliations of licensed individuals, which aids in maintaining accurate records and ensures compliance with the state's licensing regulations. The importance of notifying the commission promptly cannot be overstated, as delays in communication can lead to administrative issues or potential penalties for the licensee.