Licensing Of Agents And Brokers


Definition of "Licensing of agents and brokers"

Tracy  Epting real estate agent
Tracy Epting, Real Estate Agent Texas Realty Cafe

Legal authority granting individuals the right to conduct insurance business in a particular state. In many states, agents and brokers must pass a written exam as a prerequisite to being licensed. In others, a professional designation such as the CLU or CPCU can be substituted for the examination requirement. The caliber of examinations varies from state to state. A license is usually issued for one or two year periods, and then must be renewed.

 

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