Bulletin 1996 V26-4

Commission reaches reciprocal arrangement with Mississippi

New arrangement applies only to brokers.

Under a new reciprocal arrangement between the North Carolina and Mississippi Real Estate Commissions, a qualified resident North Carolina real estate broker may obtain a nonresident broker license in Mississippi without satisfying any additional education requirements or passing a license examination. However, there is a requirement for one year's experience as a licensed real estate broker or salesman.

The arrangement permits the transfer of the nonresident license to "resident status" if the reciprocal licensee files the proper application and fees upon relocating to Mississippi.

The arrangement does not provide for reciprocity for salesmen.