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Real Estate Training Institute

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Real Estate Training Institute

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Penalties for violations of chapter

§73-35-31. Penalties for violations of chapter 

  • Any person violating a provision of this chapter shall, upon conviction of a first violation thereof, if a person, be punished by a fine or not less than Five Hundred Dollars ($500.00) nor more than One Thousand Dollars ($1,000.00), or by imprisonment for a term not to exceed ninety (90) days, or both; and if a corporation, be punished by a fine of not more than Two Thousand Dollars ($2,000.00). Upon conviction of a second or subsequent violation, if a person, shall be punished by a fine of not less than One Thousand Dollars ($1,000.00) nor more than Two Thousand Dollars ($2,000.00), or by imprisonment for a term not to exceed six (6) months, or both; and if a corporation, be punished by a fine of not less than Two Thousand Dollars ($2,000.00) nor more than Five Thousand Dollars ($5,000.00). Any officer or agent of a corporation, or any member or agent of a partnership or association, who shall personally participate in or be accessory to any violation of this chapter by such corporation, partnership or association, shall be subject to the penalties herein prescribed for individuals.
  • In case any person, partnership, association or corporation shall have received any sum of money, or the equivalent thereto, as commission, compensation or profit by or in consequence of his violation of any provision of this chapter, such person, partnership, association or corporation shall also be liable to a penalty of not less than the amount of the sum of money so received and not more than four (4) times the sum so received, as may be determined by the court, which penalty may be sued for and recovered by any person aggrieved and for his use and benefit, in any court of competent jurisdiction.
  • No fee, commission or other valuable consideration may be paid to a person for real estate brokerage activities as described in subsection (1) of Section 73-35-3 unless the person provides evidence of licensure under the provisions of this chapter or provides evidence of a cooperative agreement provided under the authority of Section 73-3511.

TOPIC: Penalties for violations


The Real Estate Training Institute is approved by the Mississippi Real Estate Commission to supply instruction in real estate courses.  We are locally owned and serve our Mississippi family, friends and neighbors.  Established in 1989.

(1) Methods of Obtaining Classroom Hours

Blended Learning includes classroom attendance, Livestream attendance, and online self-paced hours. Methods may be sole and separate or in combination.

(2) Learning Options

Options include synchronous (live) and asynchronous (self-paced online) attendance.

This course discusses ownership, property rights, appraisal, financing, relationships with clients and customers, disclosure, contracts, management, title transfer, real estate practice, basic calculations, and Mississippi License Law.

(3) Quick Start System

The Real Estate Training Institute’s Quick Start System allows students to access the school’s support site to get a head start on their classroom or Livestream courses. Be ahead on day one. This free school option gives access to over 3000 quiz questions and materials before beginning your class journey.

(4) Books Included

The Real Estate Training Institute is a book publisher with over ten real estate course workbooks for Mississippi and Tennessee. In addition, we have added free $ 300-course workbooks for the Mississippi real estate exam. Two books are included.

(5) All Access Pass

Former students and Alumni requested the School’s All Access Pass. As adults with busy schedules, it may be convenient for some students to attend class, Livestream, or attend the self-paced online course to complete their classroom hours. Now, you can mix and match days, nights, topics, chapters, instructors, and physical locations.

(6) Free Class Reviews

With the course, you can attend free reviews with your choices of methods, times, topics, instructors, and locations.

Sixty Hours of Instruction. No weekends. This course includes real estate license exam techniques proven to help you pass your state exam. Mississippi’s Top Real Estate School.

TOPIC: Penalties for violations

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Pre-Salesperson’s Course

Pre-Broker’s Course

Salesperson’s Post License

Broker Post License


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