Chapter 5-20.5. Real Estate Brokers and Salespersons
Section
5-20.5-1Definitions.5-20.5-2Persons exempt.5-20.5-3Contents of application — Application fee — Recommendations required.5-20.5-4Examination of applicants — Examination fee — Licensing without examination.5-20.5-5Real estate recovery account.5-20.5-6Duration and renewal of licenses — Continuing education rules and regulations — Suspension or revocation of licenses.5-20.5-7Fixed office required — Display of license — Notice of change of address and employment.5-20.5-8Corporations, partnerships, or associations engaging in business.5-20.5-9Temporary license issued to representative of deceased broker.5-20.5-10Nonresident brokers — Employment of unlicensed brokers restricted — Nonresident salespersons — Service of process.5-20.5-11Fees and license renewals.5-20.5-12Commission — Creation — Composition — Appointment, terms, and compensation of members — Officers — Deputy directors — Seal.5-20.5-13[Repealed.]5-20.5-14Revocation, suspension of license — Probationary period — Penalties.5-20.5-15Hearings before revocation or suspension of license.5-20.5-16Appeals.5-20.5-17Penalties for violations.5-20.5-18Department assistance in educational programs.5-20.5-19Real estate courses and schools — Regulation — Issue and revocation of permits — Exceptions.5-20.5-20Real estate school permit — Fees — Penalty for operation without permit prohibited.5-20.5-21Actions for recovery of fee or commission.5-20.5-22Severability.5-20.5-23[Repealed.]5-20.5-24[Repealed.]5-20.5-25Errors and omissions insurance required of real estate licensees.5-20.5-26Escrows.5-20.5-27License required for ownership.5-20.5-28Order to cease unsafe practices — Appeal.