What is typically assessed when determining the qualifications for a real estate license?

When determining qualifications for a real estate license, assessing moral character is crucial because the real estate profession involves high levels of trust and ethical considerations. Licensees are entrusted with handling significant financial transactions, and their actions can significantly impact clients and the community. This assessment often includes a review of any past criminal history or ethical breaches that could indicate a lack of integrity.

The moral character requirement is meant to ensure that individuals in the industry will act honestly and uphold high ethical standards in their dealings with clients and the public. While financial background, educational credentials, and credit history can be relevant in contributing to an overall picture of a candidate's capability, the fundamental nature of the real estate profession necessitates a strong moral character to maintain public trust and confidence in the profession.