An application may be denied for any one of the following reasons:

1. (1) The applicant has written insufficient funds checks within the calendar year before application or has written an insufficient funds check for the application;
2. (2) The applicant has been convicted of a felony or of a misdemeanor involving moral turpitude. If the applicant is a firm, a license may be denied if any partner, associate, director, stockholder, officer, or responsible broker has been convicted of a felony or of a misdemeanor involving moral turpitude;
3. (3) The applicant has been disciplined by a regulatory agency in relation to activities as a real estate salesperson or broker, broker associate, firm, appraiser, mortgage broker, auctioneer, or any other regulated licensee, including insurance, securities, law, and commodities trading;
4. (4) The applicant has failed to satisfy the requirements as provided by this chapter;
5. (5) The applicant has failed the prelicense school examination;
6. (6) The applicant has not met education requirements;
7. (7) The applicant made deliberate misstatements, deliberate omissions, misrepresentations, or untruths in the application; or
8. (8) The applicant has a current and unpaid judgment filed against the applicant.

Source: SL 1992, ch 273 , § 33; SL 1993, ch 290 ; SL 2011, ch 180 , § 2; SL 2020, ch 162 , § 2; SL 2023, ch 138 , § 2.