North Dakota Real Estate Practice Exam

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Prepare for the North Dakota Real Estate Exam with our interactive quiz. Utilize multiple choice questions and detailed explanations to enhance your comprehension. Equip yourself for success in your upcoming exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

How many days does a broker have to notify the commission of a new office address after moving?

5 days
10 days
15 days
30 days

The correct answer is: 10 days

The correct answer highlights that a broker is required to notify the commission of a new office address within a specific timeframe after moving. In North Dakota, this timeframe is established as 10 days. This requirement ensures that the commission maintains accurate records of licensed brokers, which is essential for regulatory compliance and to facilitate communication relating to licensing matters. Understanding the importance of this time-sensitive notification underscores the broker's responsibility to keep their licensing authority informed to reflect current operating conditions accurately. It promotes accountability within the real estate profession and ensures that stakeholders can locate and engage with brokers in a timely manner. The other options entail incorrect timeframes that do not comply with the established regulation, either resulting in undue delays or imposing unnecessary burdens on the broker and regulatory body.