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10 Cards in this Set

  • Front
  • Back
Is a vacant lot waiting for a home to be built is considered residential property?
NO
Does the surrendering of a license affect liability for act committed earlier?
NO
Can a person who is unemployed still take education courses?
YES
For how many years does an unpardoned felony conviction affect licensing?
7
If a suite number on an application is incorrect, what kind of error is that?
a bonafide error
For how long is an act of fraud, dishonesty, breach of trust or money laundering on your record?
Forever and you can never get a license.
Is a loan processing job involving clerical duties exempt from licensing?
YES
What is "Acceleration"?
The demand for immediate repayment of a loan.
What is the passing grade on the state exam?
75%
How many yrs do you have to wait after your license is revoked to petition the commissioner for reinstatement?
1 year