Missouri Real Estate Exam
2026 Exam Questions with
100% Correct Answers | Latest
Update
Chapter 339 of the MO Statutes is:
Code of Ethics
License Law
MLS Rules
For commercial agents only - ANSWER ✔✔b
,Susie is employed by broker Joe to show rental properties that he
manages. She shows rental units, collects security deposit checks made
payable to the owner, and delivers leases. Based on these actions,
Susie:
Must be a real estate licensee
Is violating MREC rules
Is creating a criminal offense
Is not required to be a MO Real estate licensee - ANSWER ✔✔d
The purpose of MO LIcense Law
Fine licensees for complaints filed
Protect licensees from being sued
Protect the public
Collect due - ANSWER ✔✔c
Broker Joe believes he is due commission from Broker Susie because of
a buyer she procured for a listing that closed. Joe files a complaint with
,the MREC. The MREC will- - ANSWER ✔✔Dismiss the case. They
won't get involved.
Real estate, as defined by Chapter 339 of Missouri Statutes includes:
Freehold but not leasehold estates located in MO
Leasehold but not freehold
Leasehold and Freehold only located in MO
Leaseholds and any other interest in estate of land freehold or
nonfreehold located in MO - ANSWER ✔✔d
An auctioneer employed by a homeowner would be defined as:
Someone who is not required to hold a MO real estate license
Someone required to have a valid license
Someone required to take 2 hours of CE
Someone who can sell real estate for a broker - ANSWER ✔✔a
A seller disputes the return of a buyers earnest money held in a brokers
escrow account. After the buyer backed out the of sale, 65 days ago.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
, There will be no civil action in this instance. How should the broker
proceed in this situation?
-The broker can choose to immediately pay the party opposite the party
who failed to perform
-the broker can keep the money in the account for an indefinite amount
of time
-the broker can, based on a good faith decision, pay the escrow money
to the party opposite the party who failed to perform, after all parties
have been noticed for 15 days by certified mail
-the broker must insist the seller sue the buyer for nonperformance -
ANSWER ✔✔c
The MREC consists of: - ANSWER ✔✔6 brokers members and 1
public member
Mary is a police officer and is applying for a real estate license. 30 days
ago, Mary completed a background check with her police force. Must
Mary apply for a fingerprint background check for her license?
2026 Exam Questions with
100% Correct Answers | Latest
Update
Chapter 339 of the MO Statutes is:
Code of Ethics
License Law
MLS Rules
For commercial agents only - ANSWER ✔✔b
,Susie is employed by broker Joe to show rental properties that he
manages. She shows rental units, collects security deposit checks made
payable to the owner, and delivers leases. Based on these actions,
Susie:
Must be a real estate licensee
Is violating MREC rules
Is creating a criminal offense
Is not required to be a MO Real estate licensee - ANSWER ✔✔d
The purpose of MO LIcense Law
Fine licensees for complaints filed
Protect licensees from being sued
Protect the public
Collect due - ANSWER ✔✔c
Broker Joe believes he is due commission from Broker Susie because of
a buyer she procured for a listing that closed. Joe files a complaint with
,the MREC. The MREC will- - ANSWER ✔✔Dismiss the case. They
won't get involved.
Real estate, as defined by Chapter 339 of Missouri Statutes includes:
Freehold but not leasehold estates located in MO
Leasehold but not freehold
Leasehold and Freehold only located in MO
Leaseholds and any other interest in estate of land freehold or
nonfreehold located in MO - ANSWER ✔✔d
An auctioneer employed by a homeowner would be defined as:
Someone who is not required to hold a MO real estate license
Someone required to have a valid license
Someone required to take 2 hours of CE
Someone who can sell real estate for a broker - ANSWER ✔✔a
A seller disputes the return of a buyers earnest money held in a brokers
escrow account. After the buyer backed out the of sale, 65 days ago.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
, There will be no civil action in this instance. How should the broker
proceed in this situation?
-The broker can choose to immediately pay the party opposite the party
who failed to perform
-the broker can keep the money in the account for an indefinite amount
of time
-the broker can, based on a good faith decision, pay the escrow money
to the party opposite the party who failed to perform, after all parties
have been noticed for 15 days by certified mail
-the broker must insist the seller sue the buyer for nonperformance -
ANSWER ✔✔c
The MREC consists of: - ANSWER ✔✔6 brokers members and 1
public member
Mary is a police officer and is applying for a real estate license. 30 days
ago, Mary completed a background check with her police force. Must
Mary apply for a fingerprint background check for her license?
