NDAC 70-02-01-08
Salesperson and broker associate transfer or release
Cite as N.D. Admin. Code ยง 70-02-01-08
When for any reason a licensee severs connection with the licensee's designated broker and
desires to transfer to another broker, the licensee must complete a transfer and release form provided
by the commission, to be executed by the licensee, the licensee's current broker, and the licensee's
new broker. Should the licensee's current broker not be agreeable to the transfer or release, the current
broker then shall have the right to state the broker's reasons for refusal. Unless there is sufficient
justification, the license will be transferred pending the receipt of the transfer form and fee.