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Puerto Rico Real Estate Salesperson Licensing EXAM
QUESTIONS AND CORRECT VERIFIED SOLUTIONS LATEST
UPDATE THIS YEAR – JUST RELEASED
Puerto Rico Real Estate Salesperson Licensing Exam
250 Practice Questions with Rationales
EXAM COVERAGE OVERVIEW (10 Key Points)
1. Licensing & Regulatory Body – The Puerto Rico Real Estate Board (Junta de Corredores,
Vendedores y Empresas de Bienes Raíces) is established under Law 139 and administers
licensing examinations .
2. Legal Foundation – Law No. 10 of April 26, 1994 (Ley Núm. 10 de 1994) governs the
profession of real estate brokers, salespersons, and companies, with the Civil Code of
Puerto Rico of 2020 providing additional property law framework .
3. Exam Structure – The salesperson exam contains 75 questions: 60 scored and 15
unscored pilot questions. Passing requires 70% (42 of 60) correct answers .
4. Exam Subjects (Annex A Weighting) – Aspects jurídicos y legales (53%), Ética y aspectos
profesionales (18%), Financiamiento (13%), Codificación y permisos (12%), Registro de la
Propiedad (4%) .
5. Examination Availability – The Board must offer revalidation exams at least 2 times
annually, and candidates may request to take the exam in English or Spanish .
6. Licensing Eligibility – Applicants must: (a) submit a sworn application, (b) provide a
criminal background certificate showing no felony or misdemeanor convictions involving
moral turpitude in the past 5 years, and (c) have completed high school (4th year) or
equivalent .
7. Pre-Licensing Education – Candidates must complete a 72-hour course approved by the
Board before taking the licensing examination .
8. Salesperson Status – A salesperson must be employed by or contracted with a licensed
broker, who provides direction, control, supervision, and responsibility for all activities.
Salespersons must notify the Board of their workplace .
9. Exam Fee – The total cost for examinations and re-examinations is **$167.25** ($150
exam fee + $17.25 IVU) .
10. Government Oversight – The Board operates under the Puerto Rico Department of
State, with examinations administered through Test Innovations and applications
processed via Professional Credential Services (PCS) .
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QUESTIONS 1-250
1. Which law created the Examining Board of Real Estate Brokers, Salespersons, and
Companies in Puerto Rico?
A) Law 10
B) Law 75
C) Law 139
D) Law 184
Correct Answer: C
Rationale: Law 139 (Ley 139) created the Examining Board of Real Estate Brokers, Salespersons,
and Companies in Puerto Rico . Law 10 of 1994 (Ley Núm. 10) later established the regulatory
framework for the profession itself .
2. What is the primary legal framework governing real estate salespersons in Puerto Rico?
A) Law 75 of 1940
B) Law 10 of April 26, 1994
C) Law 139 of 2010
D) Law 184 of 2002
Correct Answer: B
Rationale: Law No. 10 of April 26, 1994 (Ley Núm. 10 de 1994) establishes the profession of real
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estate brokers, salespersons, and companies, including licensing requirements, qualifications,
and regulations .
3. How many members of the Board of Real Estate Brokers, Salespersons, and Companies
must be present to establish a quorum?
A) 1
B) 2
C) 3
D) 5
Correct Answer: C
Rationale: A quorum is established when 3 members of the Board are present . The Board was
created under Law 139.
4. In which languages are the real estate licensing examinations offered in Puerto Rico?
A) English only
B) Spanish only
C) English and Spanish
D) English, Spanish, and French
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Correct Answer: C
Rationale: Examinations are given in English or Spanish, by request of the candidate, as
mandated by Law 10 .
5. What is the minimum frequency with which the Board must offer the revalidation
examination annually?
A) Once per year
B) Twice per year
C) Three times per year
D) Four times per year
Correct Answer: B
Rationale: According to Law 10, the Board must offer the revalidation examination a minimum
of 2 times per year .
6. What is the current cost of the real estate licensing examination in Puerto Rico?
A) $100.00
B) $150.00
C) $167.25
D) $200.00
Puerto Rico Real Estate Salesperson Licensing EXAM
QUESTIONS AND CORRECT VERIFIED SOLUTIONS LATEST
UPDATE THIS YEAR – JUST RELEASED
Puerto Rico Real Estate Salesperson Licensing Exam
250 Practice Questions with Rationales
EXAM COVERAGE OVERVIEW (10 Key Points)
1. Licensing & Regulatory Body – The Puerto Rico Real Estate Board (Junta de Corredores,
Vendedores y Empresas de Bienes Raíces) is established under Law 139 and administers
licensing examinations .
2. Legal Foundation – Law No. 10 of April 26, 1994 (Ley Núm. 10 de 1994) governs the
profession of real estate brokers, salespersons, and companies, with the Civil Code of
Puerto Rico of 2020 providing additional property law framework .
3. Exam Structure – The salesperson exam contains 75 questions: 60 scored and 15
unscored pilot questions. Passing requires 70% (42 of 60) correct answers .
4. Exam Subjects (Annex A Weighting) – Aspects jurídicos y legales (53%), Ética y aspectos
profesionales (18%), Financiamiento (13%), Codificación y permisos (12%), Registro de la
Propiedad (4%) .
5. Examination Availability – The Board must offer revalidation exams at least 2 times
annually, and candidates may request to take the exam in English or Spanish .
6. Licensing Eligibility – Applicants must: (a) submit a sworn application, (b) provide a
criminal background certificate showing no felony or misdemeanor convictions involving
moral turpitude in the past 5 years, and (c) have completed high school (4th year) or
equivalent .
7. Pre-Licensing Education – Candidates must complete a 72-hour course approved by the
Board before taking the licensing examination .
8. Salesperson Status – A salesperson must be employed by or contracted with a licensed
broker, who provides direction, control, supervision, and responsibility for all activities.
Salespersons must notify the Board of their workplace .
9. Exam Fee – The total cost for examinations and re-examinations is **$167.25** ($150
exam fee + $17.25 IVU) .
10. Government Oversight – The Board operates under the Puerto Rico Department of
State, with examinations administered through Test Innovations and applications
processed via Professional Credential Services (PCS) .
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QUESTIONS 1-250
1. Which law created the Examining Board of Real Estate Brokers, Salespersons, and
Companies in Puerto Rico?
A) Law 10
B) Law 75
C) Law 139
D) Law 184
Correct Answer: C
Rationale: Law 139 (Ley 139) created the Examining Board of Real Estate Brokers, Salespersons,
and Companies in Puerto Rico . Law 10 of 1994 (Ley Núm. 10) later established the regulatory
framework for the profession itself .
2. What is the primary legal framework governing real estate salespersons in Puerto Rico?
A) Law 75 of 1940
B) Law 10 of April 26, 1994
C) Law 139 of 2010
D) Law 184 of 2002
Correct Answer: B
Rationale: Law No. 10 of April 26, 1994 (Ley Núm. 10 de 1994) establishes the profession of real
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estate brokers, salespersons, and companies, including licensing requirements, qualifications,
and regulations .
3. How many members of the Board of Real Estate Brokers, Salespersons, and Companies
must be present to establish a quorum?
A) 1
B) 2
C) 3
D) 5
Correct Answer: C
Rationale: A quorum is established when 3 members of the Board are present . The Board was
created under Law 139.
4. In which languages are the real estate licensing examinations offered in Puerto Rico?
A) English only
B) Spanish only
C) English and Spanish
D) English, Spanish, and French
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Correct Answer: C
Rationale: Examinations are given in English or Spanish, by request of the candidate, as
mandated by Law 10 .
5. What is the minimum frequency with which the Board must offer the revalidation
examination annually?
A) Once per year
B) Twice per year
C) Three times per year
D) Four times per year
Correct Answer: B
Rationale: According to Law 10, the Board must offer the revalidation examination a minimum
of 2 times per year .
6. What is the current cost of the real estate licensing examination in Puerto Rico?
A) $100.00
B) $150.00
C) $167.25
D) $200.00
