§ 43-23-08 — License standards

North Dakota § 43-23-08

• Jurisdiction: North Dakota
• Title 43: Occupations and Professions
• Ch. 43-23: State Real Estate Commission

Text

1. Licenses and license renewals may be granted only to persons who bear a good
reputation for honesty, truthfulness, and fair dealing and who are competent to
transact the business of a real estate broker or a real estate salesperson in such
manner as to safeguard the interest of the public, and whose real estate license has
not been revoked in this or any other state within two years before the date of
application. To determine the competency of applicants, the commission shall
prescribe and hold examinations at designated times and places.
2. In addition to the requirements established by subsection 1, an applicant for a broker's
or salesperson's license must be at least eighteen years of age.
3. Every applicant for a license as a real estate broker:
a. Must have been actively engaged as a licensed real estate salesperson for a
period of at least two years preceding the date of application; or
b. Must have had experience as determined by the commission to be substantially
equal to that which a licensed real estate salesperson would ordinarily receive
during a period of two years.
4. As a prerequisite for licensure, an applicant for a salesperson's license shall furnish to
the commission evidence the applicant has successfully completed at least ninety
hours in courses of study approved by the commission. An applicant for a broker's
license must have successfully completed an additional sixty hours in courses of study
approved by the commission. An applicant for a salesperson's or broker's license may
take the licensing examination before fulfillment of the prerequisite educational
requirement; however, the commission may not issue a license to an applicant unless
satisfactory evidence of completion of this prerequisite educational requirement is
furnished to the commission.
5. If the commission finds an applicant could not acquire employment as a licensed real
estate salesperson because of conditions existing in the area where the salesperson
resides, the experience requirements established in subdivisions a and b of
subsection 3 may be waived by the commission. The educational requirements of
subsection 4 may not be waived by the commission, but guidelines may be
established by which applicants who have engaged in certain educational courses of
study which are closely related to the real estate profession may be deemed to have
satisfied this requirement.
6. The commission may adopt reasonable rules and regulations pursuant to the
provisions of chapter 28-32 relative to procedures for licensing, approval of
coursework, and for the type of certification or proof of coursework completion that
must be submitted.