Agency
When a Mississippi salesperson changes brokerage firms, their license must be:
AAutomatically transferred to the new broker
BTransferred by submitting a transfer application to the MREC and obtaining approval before practicing✓ Correct
CReissued after passing the exam again
DPlaced on inactive status for 90 days
Explanation
A salesperson must submit a license transfer application to the MREC and receive approval before practicing under a new broker. They may not practice during the transfer period.
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