North Dakota License Law
Which of the following describes the difference between a real estate 'license' and a real estate 'certification'?
AA license allows real estate sales; a certification allows property management
BA license authorizes real estate brokerage; a certification (like for appraisers) is a credential meeting specific educational and experience standards for appraisal work✓ Correct
CBoth terms are interchangeable
DA certification is required for commercial transactions; a license for residential
Explanation
In North Dakota, a real estate license authorizes brokerage activities (listing, selling, managing property for others). An appraiser certification is a separate credentialing system for real property appraisers, regulated separately.
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