NSAR SALESPERSON LICENSING EXAM
2026/2027 | NOVA SCOTIA REAL ESTATE
QUESTIONS & VERIFIED ANSWERS |
COMPLETE LICENSING STUDY GUIDE
NSAR SALESPERSON LICENSING EXAM 2026/2027 | NOVA SCOTIA REAL ESTATE
QUESTIONS & VERIFIED ANSWERS | COMPLETE LICENSING STUDY GUIDE
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════════════
OVERVIEW:
• This comprehensive study guide contains 200 verified multiple-choice questions
designed to prepare candidates for the NSAR Salesperson Licensing Examination,
covering all essential topics required for real estate professional licensing in Nova
Scotia.
• Study this material by working through questions systematically, ensuring mastery
of each topic area before progressing; focus on understanding rationales
thoroughly, as they reflect the regulatory framework and practical standards that
govern real estate operations in Nova Scotia.
═══════════════════════════════════════════════════════
════════════
SECTION 1: REAL ESTATE ACT AND REGULATIONS (QUESTIONS 1-25)
═══════════════════════════════════════════════════════
════════════
1. Which legislation governs real estate trading and salesperson licensing in
Nova Scotia?
A) The Consumer Protection Act
B) The Real Estate Trading Act
C) The Nova Scotia Property Act
D) The Residential Tenancies Act
E) The Fair Housing Act
B) The Real Estate Trading Act
,Rationale: The Real Estate Trading Act is the primary legislation in Nova Scotia that
regulates real estate trading, establishes licensing requirements for salespersons
and brokers, and sets out the powers of the regulatory body. This is the
foundational statute that governs the entire real estate profession in the province.
───────────────────────────────────────────────────────
────────────
2. What is the role of the Nova Scotia Real Estate Commission in licensing?
A) To collect property taxes
B) To regulate and enforce compliance with real estate trading laws
C) To purchase and sell residential properties
D) To manage provincial land registries
E) To arbitrate all property disputes
B) To regulate and enforce compliance with real estate trading laws
Rationale: The Nova Scotia Real Estate Commission (regulated under the Real
Estate Trading Act) has the authority to license salespersons and brokers, establish
trading standards, investigate complaints, enforce compliance with legislation and
regulations, and discipline licensees for misconduct.
───────────────────────────────────────────────────────
────────────
3. Which of the following is a requirement to obtain a salesperson's license in
Nova Scotia?
A) A high school diploma only
B) Completion of the required course and passing the licensing examination
C) Five years of full-time employment in real estate
D) Sponsorship from a licensed broker only
E) Ownership of residential property valued over $250,000
, B) Completion of the required course and passing the licensing
examination
Rationale: To obtain a salesperson's license in Nova Scotia, candidates must
complete the prescribed educational course (such as the NSAR course) and
successfully pass the licensing examination. Other factors may be considered, but
the course completion and exam passage are mandatory requirements.
───────────────────────────────────────────────────────
────────────
4. A salesperson's license in Nova Scotia is valid for a period of:
A) One year
B) Two years
C) Three years
D) Four years
E) Five years
B) Two years
Rationale: In Nova Scotia, a salesperson's license is issued for a two-year term.
Licensees must renew their licenses every two years by meeting continuing
education requirements and paying the applicable renewal fees.
───────────────────────────────────────────────────────
────────────
5. What must a salesperson do before beginning to trade in real estate?
A) Register with the local municipality
B) Obtain a sponsoring broker and be licensed
C) Purchase professional liability insurance
D) Obtain approval from the Nova Scotia Property Tax Service
E) Complete a background check with the RCMP
B) Obtain a sponsoring broker and be licensed
, Rationale: A salesperson cannot legally trade in real estate in Nova Scotia without
being licensed by the regulatory body and working under a licensed broker. The
broker sponsorship is a fundamental requirement, as all salespeople must work
under broker supervision.
───────────────────────────────────────────────────────
────────────
6. Which of the following is a ground for refusing or revoking a real estate
license in Nova Scotia?
A) Failure to list properties within 30 days of offer
B) Misrepresentation, dishonesty, or breach of the Code of Ethics
C) Advertising properties without professional photography
D) Failing to reach annual sales targets
E) Not attending industry conventions annually
B) Misrepresentation, dishonesty, or breach of the Code of Ethics
Rationale: The Real Estate Trading Act and Regulations specify grounds for license
refusal or revocation, which include dishonesty, misrepresentation, breach of
professional standards, violations of the Code of Ethics, and conduct unbecoming a
real estate professional. Sales targets and marketing methods are not grounds for
license action.
───────────────────────────────────────────────────────
────────────
7. A salesperson may be disciplined by the regulatory body for:
A) Losing a sale to a competing agent
B) Failing to join the local real estate board
C) Accepting a commission lower than the MLS standard
D) Engaging in dishonest or fraudulent conduct
E) Listing a property at a price below assessed value
2026/2027 | NOVA SCOTIA REAL ESTATE
QUESTIONS & VERIFIED ANSWERS |
COMPLETE LICENSING STUDY GUIDE
NSAR SALESPERSON LICENSING EXAM 2026/2027 | NOVA SCOTIA REAL ESTATE
QUESTIONS & VERIFIED ANSWERS | COMPLETE LICENSING STUDY GUIDE
═══════════════════════════════════════════════════════
════════════
OVERVIEW:
• This comprehensive study guide contains 200 verified multiple-choice questions
designed to prepare candidates for the NSAR Salesperson Licensing Examination,
covering all essential topics required for real estate professional licensing in Nova
Scotia.
• Study this material by working through questions systematically, ensuring mastery
of each topic area before progressing; focus on understanding rationales
thoroughly, as they reflect the regulatory framework and practical standards that
govern real estate operations in Nova Scotia.
═══════════════════════════════════════════════════════
════════════
SECTION 1: REAL ESTATE ACT AND REGULATIONS (QUESTIONS 1-25)
═══════════════════════════════════════════════════════
════════════
1. Which legislation governs real estate trading and salesperson licensing in
Nova Scotia?
A) The Consumer Protection Act
B) The Real Estate Trading Act
C) The Nova Scotia Property Act
D) The Residential Tenancies Act
E) The Fair Housing Act
B) The Real Estate Trading Act
,Rationale: The Real Estate Trading Act is the primary legislation in Nova Scotia that
regulates real estate trading, establishes licensing requirements for salespersons
and brokers, and sets out the powers of the regulatory body. This is the
foundational statute that governs the entire real estate profession in the province.
───────────────────────────────────────────────────────
────────────
2. What is the role of the Nova Scotia Real Estate Commission in licensing?
A) To collect property taxes
B) To regulate and enforce compliance with real estate trading laws
C) To purchase and sell residential properties
D) To manage provincial land registries
E) To arbitrate all property disputes
B) To regulate and enforce compliance with real estate trading laws
Rationale: The Nova Scotia Real Estate Commission (regulated under the Real
Estate Trading Act) has the authority to license salespersons and brokers, establish
trading standards, investigate complaints, enforce compliance with legislation and
regulations, and discipline licensees for misconduct.
───────────────────────────────────────────────────────
────────────
3. Which of the following is a requirement to obtain a salesperson's license in
Nova Scotia?
A) A high school diploma only
B) Completion of the required course and passing the licensing examination
C) Five years of full-time employment in real estate
D) Sponsorship from a licensed broker only
E) Ownership of residential property valued over $250,000
, B) Completion of the required course and passing the licensing
examination
Rationale: To obtain a salesperson's license in Nova Scotia, candidates must
complete the prescribed educational course (such as the NSAR course) and
successfully pass the licensing examination. Other factors may be considered, but
the course completion and exam passage are mandatory requirements.
───────────────────────────────────────────────────────
────────────
4. A salesperson's license in Nova Scotia is valid for a period of:
A) One year
B) Two years
C) Three years
D) Four years
E) Five years
B) Two years
Rationale: In Nova Scotia, a salesperson's license is issued for a two-year term.
Licensees must renew their licenses every two years by meeting continuing
education requirements and paying the applicable renewal fees.
───────────────────────────────────────────────────────
────────────
5. What must a salesperson do before beginning to trade in real estate?
A) Register with the local municipality
B) Obtain a sponsoring broker and be licensed
C) Purchase professional liability insurance
D) Obtain approval from the Nova Scotia Property Tax Service
E) Complete a background check with the RCMP
B) Obtain a sponsoring broker and be licensed
, Rationale: A salesperson cannot legally trade in real estate in Nova Scotia without
being licensed by the regulatory body and working under a licensed broker. The
broker sponsorship is a fundamental requirement, as all salespeople must work
under broker supervision.
───────────────────────────────────────────────────────
────────────
6. Which of the following is a ground for refusing or revoking a real estate
license in Nova Scotia?
A) Failure to list properties within 30 days of offer
B) Misrepresentation, dishonesty, or breach of the Code of Ethics
C) Advertising properties without professional photography
D) Failing to reach annual sales targets
E) Not attending industry conventions annually
B) Misrepresentation, dishonesty, or breach of the Code of Ethics
Rationale: The Real Estate Trading Act and Regulations specify grounds for license
refusal or revocation, which include dishonesty, misrepresentation, breach of
professional standards, violations of the Code of Ethics, and conduct unbecoming a
real estate professional. Sales targets and marketing methods are not grounds for
license action.
───────────────────────────────────────────────────────
────────────
7. A salesperson may be disciplined by the regulatory body for:
A) Losing a sale to a competing agent
B) Failing to join the local real estate board
C) Accepting a commission lower than the MLS standard
D) Engaging in dishonest or fraudulent conduct
E) Listing a property at a price below assessed value
