Match each of the following terms to the appropriate definition below.
- Investigation
- Cease and desist
- Misrepresentation
- Commingling
- Recovery fund
- Hearing
- Specific performance
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Question 1 of 5
1. Question
This is the first step in the disciplinary process, undertaken by the director of the licensing agency.
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Question 2 of 5
2. Question
The agency director may issue this type of order if he needs to stop a licensee’s conduct immediately, before a hearing is held.
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Question 3 of 5
3. Question
This is knowingly or negligently making a false statement or failing to disclose a material fact to a principal.
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Question 4 of 5
4. Question
This occurs when personal funds are mixed with client trust funds.
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Question 5 of 5
5. Question
Many states maintain this, in order to reimburse parties who are injured by a real estate agent’s actions.
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