Missouri State Practice Exam -
Real Estate Questions and
Answers 100% PASS
Janelle just completed her Missouri salesperson pre-examination course. Which statement
most accurately describes the actions she must accomplish related to the licensing exam? -
CORRECT ANSWER-She has six months to pass both portions of the licensing exam.
After submitting a salesperson application and applicable fee to the Missouri Real Estate
Commission, Jethro decided he no longer wishes to pursue a career in real estate. What's
the process for having his application fee refunded? - CORRECT ANSWER-License fees paid to
the MREC are nonrefundable.
Missouri licensees who fail to respond to the commisison's written request or inquiry within
____ days may face disciplinary action. - CORRECT ANSWER-30
In Missouri, providing the Broker Disclosure form to a seller ______. - CORRECT ANSWER-Is
required by law
Closing statements are usually prepared by the _________. - CORRECT ANSWER-Closing
agent
, Liza is a principal broker in Missouri. One of her branch offices is supervised by broker-
salesperson Lindsay. Who is ultimately responsible for the activities of the licensees at that
branch office? - CORRECT ANSWER-Liza is ultimately responsible as the principal broker.
Andy is representing his fiancée in a Missouri real estate transaction. Does he have any
special disclosure requirements? - CORRECT ANSWER-Yes, because he has a personal
interest in the property.
In your exclusive agency agreement with seller Janet, she prohibited you from acting as a
dual agent or as the buyer's transaction broker. An interested buyer, Frank, drops by your
office, asking questions about the property. He's not working with another licensee, so you
provide him with the Missouri Broker Disclosure Form. What should you do next? - CORRECT
ANSWER-Tell him that you're representing the seller, and because of that, he shouldn't
divulge any confidential information to you.
Which of the following tasks must Missouri licensees perform for seller clients? - CORRECT
ANSWER-Ensure the collection of the earnest money deposit from the buyer.
Missouri designated broker Stacy forms a listing agreement with owners Gail and Henry
Macke. Which of the following parties must sign this agreement? - CORRECT ANSWER-Stacy,
Gail, and Henry
Frank is a Missouri real estate broker-salesperson. He misrepresented a material fact about a
property, a fact discovered by his broker through regular reviews of transaction
documentation. Upon learning of Frank's violation, his broker attempted to mitigate the
damage and re-trained Frank on the brokerage's written policy manual to avoid this violation
in the future. Has Frank's broker provided adequate supervision? - CORRECT ANSWER-Yes,
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
Real Estate Questions and
Answers 100% PASS
Janelle just completed her Missouri salesperson pre-examination course. Which statement
most accurately describes the actions she must accomplish related to the licensing exam? -
CORRECT ANSWER-She has six months to pass both portions of the licensing exam.
After submitting a salesperson application and applicable fee to the Missouri Real Estate
Commission, Jethro decided he no longer wishes to pursue a career in real estate. What's
the process for having his application fee refunded? - CORRECT ANSWER-License fees paid to
the MREC are nonrefundable.
Missouri licensees who fail to respond to the commisison's written request or inquiry within
____ days may face disciplinary action. - CORRECT ANSWER-30
In Missouri, providing the Broker Disclosure form to a seller ______. - CORRECT ANSWER-Is
required by law
Closing statements are usually prepared by the _________. - CORRECT ANSWER-Closing
agent
, Liza is a principal broker in Missouri. One of her branch offices is supervised by broker-
salesperson Lindsay. Who is ultimately responsible for the activities of the licensees at that
branch office? - CORRECT ANSWER-Liza is ultimately responsible as the principal broker.
Andy is representing his fiancée in a Missouri real estate transaction. Does he have any
special disclosure requirements? - CORRECT ANSWER-Yes, because he has a personal
interest in the property.
In your exclusive agency agreement with seller Janet, she prohibited you from acting as a
dual agent or as the buyer's transaction broker. An interested buyer, Frank, drops by your
office, asking questions about the property. He's not working with another licensee, so you
provide him with the Missouri Broker Disclosure Form. What should you do next? - CORRECT
ANSWER-Tell him that you're representing the seller, and because of that, he shouldn't
divulge any confidential information to you.
Which of the following tasks must Missouri licensees perform for seller clients? - CORRECT
ANSWER-Ensure the collection of the earnest money deposit from the buyer.
Missouri designated broker Stacy forms a listing agreement with owners Gail and Henry
Macke. Which of the following parties must sign this agreement? - CORRECT ANSWER-Stacy,
Gail, and Henry
Frank is a Missouri real estate broker-salesperson. He misrepresented a material fact about a
property, a fact discovered by his broker through regular reviews of transaction
documentation. Upon learning of Frank's violation, his broker attempted to mitigate the
damage and re-trained Frank on the brokerage's written policy manual to avoid this violation
in the future. Has Frank's broker provided adequate supervision? - CORRECT ANSWER-Yes,
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
