Mississippi License Law
When a Mississippi real estate salesperson moves from one brokerage to another, which of the following must occur?
AThe salesperson takes their active listings with them automatically
BThe salesperson must terminate affiliation with the old broker and the new broker must notify MREC of the affiliation change✓ Correct
CThe old broker keeps all listings until they expire
DMREC automatically transfers the license to the new broker
Explanation
When a salesperson changes brokers, the affiliation change must be properly handled: the old broker releases the license, the new broker submits the affiliation to MREC, and the salesperson cannot practice until the new affiliation is active. Listings belong to the brokerage, not the salesperson.
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