2. All properties submitted to MLS and appearing in an active status must be available for sale, lease or exchange and/or showings. True False
3. A property with one parcel number that has been off the market less than 30 days in a withdrawn or expired status cannot be reentered with a new MLS number by the same agent with the same company unless proof of new ownership of that property can be provided. True False
4. Sold property needs to be updated in the MLS system within 24 hours of the funds being received (HUD Listings excluded). True False
5. Any accepted purchase contract by the seller, including short sales, constitutes the need to report the property in contract, contingent on financing or inspection or contingent escape to MLS within 24 hours except weekends and federal holidays whereby the status is to be entered the following business day. True False