Statutes, codes, and regulations
North Dakota Administrative Code
Title 70 - Real Estate CommissionArticle 70-02 - Real Estate Licensure
Chapter 70-02-01 - Licensing, Trust Accounts, and Complaints
Section 70-02-01-08 - Salesperson and broker associate transfer or release

N.D. Admin. Code 70-02-01-08

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Current through Supplement No. 393, July, 2024
Section 70-02-01-08 - Salesperson and broker associate transfer or release

When for any reason a licensee severs connection with the licensee's designated broker and desires to transfer to another broker, thelicensee must complete a transfer and release form provided by the commission, to be executed by the licensee, the licensee's current broker, and the licensee's new broker. Should the licensee's current broker not be agreeable to the transfer or release, the current broker then shall have the right to state the broker's reasons for refusal. Unless there is sufficient justification, the license will be transferred pending the receipt of the transfer form and fee.

N.D. Admin Code 70-02-01-08

Amended effective May 1, 1986; January 1, 1992.
Amended by Administrative Rules Supplement 2022-385, July 2022, effective 7/1/2022.

General Authority: NDCC 28-32-02, 43-23-08, 43-23-11.1(3)

Law Implemented: NDCC 43-23-12(2), 43-23-13(6), 43-23-13(7)