§73-35-14.5. Temporary licenses; post-license education

(1) Upon passing the Mississippi broker’s or salesperson’s examination and
complying with all other conditions for licensure, a temporary license
shall be issued to the applicant. The fee for the temporary license shall
also be the same for the permanent license as provided in Section 73-
35-17. A temporary license shall be valid for a period of one (1) year
following the first day of the month after its issuance.

(2) All Mississippi residents who apply for and receive a nonresident
Mississippi broker’s or salesperson’s license shall be subject to the
requirements under this section, including temporary licensure and
completion of a thirty-hour post-license course.

(3) The holder of a temporary license shall not be issued a permanent
license until he has satisfactorily completed a thirty-hour post-license
course prescribed by the commission and offered by providers
specifically certified by the commission to offer this mandated postlicense education. The holder of a temporary license shall complete the
entire thirty-hour course within twelve (12) months of issuance of his
temporary license; otherwise this temporary license shall automatically
be placed on inactive status by the Mississippi Real Estate
Commission. If the holder of the temporary license does not complete
the course and have his permanent license issued within one (1) year
following the first day of the month after its issuance, the temporary
license shall automatically expire and lapse. A temporary license is not
subject to renewal procedures in this chapter and may not be renewed.

(4) The thirty-hour post-license course shall be offered by providers certified and approved by the commission, and an annual certification
fee of One Thousand Dollars ($1,000.00) shall be charged to providers.
The thirty-hour post-license coursework shall be offered in no less than
fifteen-hour increments of classroom instruction. No more than eight
(8) hours may be earned in a single day. The commission shall
determine standards for approval of post-license courses and course
providers and shall require certification of such coursework of the
applicant. There shall be different content criteria for post-license
education for salesperson licensees and for broker licensees. In the
post-license course for salesperson licensees, a minimum of twentyfour (24) hours of the thirty-hour coursework shall be in the following
subjects: agency relationships, contracts, earnest money, antitrust, fair
housing, ethics and property condition disclosure. The remaining six
(6) hours shall be in subjects intended to enhance the competency of
salesperson licensees in representing consumers, and may include the
following subjects: pricing property, environmental issues, home
inspections, leases and property management, and mortgage processes.
In the post-license course for broker licensees, a minimum of twentyfour (24) hours of the thirty-hour coursework shall be in the following
subjects: managing escrow accounts, intraoffice confidentiality, broker
responsibilities to licensees, office policies and procedures (including
agency office policies), broker agreements with licensees and
assistants and Mississippi Real Estate Commission required forms and
any other subject as the commission may, by rule, require to be
included in such course. The remaining six (6) hours shall be in
subjects intended to enhance the competency of brokers, including,
without limitation, managing agents, recruiting, retention, budgeting
and financial planning.

(5) The holder of an active license who has satisfactorily completed the
post-license course and whose permanent license has been issued shall
not be subject to the sixteen-hour continuing education requirement in
this chapter for the first renewal of his permanent license.