Wyoming License Law
A Wyoming real estate licensee who is also a licensed mortgage loan originator must:
ASurrender one of the licenses as they cannot be held simultaneously
BDisclose both roles and potential conflicts of interest when involved in the same transaction✓ Correct
CObtain special permission from both the WREC and federal regulators
DChoose only one profession at a time
Explanation
A Wyoming licensee who holds both a real estate and mortgage originator license can practice both professions, but must disclose both roles and any potential conflicts of interest to all parties when serving in both capacities in the same transaction.
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