NSAR SALESPERSON LICENSING ACTUAL EXAM – NOVA
SCOTIA ASSOCIATION OF REALTORS® (NSAR) / NOVA
SCOTIA REAL ESTATE COMMISSION EXAMINATION
Question 1
Which organization is responsible for licensing real estate salespeople in Nova
Scotia?
A. Nova Scotia Association of REALTORS®
B. Nova Scotia Real Estate Commission
C. Nova Scotia Department of Finance
D. Canadian Real Estate Association
Answer: B
Rationale: The Nova Scotia Real Estate Commission (NSREC) is the provincial
regulator responsible for licensing salespeople, associate brokers, managing
associate brokers, brokers and brokerages. NSAR administers the Salesperson
Licensing Course, while NSREC regulates licensing and professional conduct. (
Question 2
What is the minimum passing score for the Nova Scotia Salesperson Licensing
Examination?
A. 60%
B. 65%
C. 70%
D. 70.4%
Answer: D
,Rationale: The current NSREC By-law establishes 70.4% as the minimum passing
score for the Salesperson Licensing Examination. (
Question 3
After completing the Salesperson Licensing Course, how long does a student
generally have to pass the licensing examination?
A. 3 months
B. 6 months
C. 12 months
D. 24 months
Answer: C
Rationale: A salesperson student has 12 months after completing the course to
pass the licensing exam. (
Question 4
How many attempts does a Salesperson Licensing Course student have to pass
the NSREC salesperson examination?
A. One
B. Two
C. Three
D. Unlimited attempts
Answer: B
Rationale: Current NSREC first-time applicant information states that students are
allowed a maximum of two attempts. (
Question 5
What generally happens if a student is unsuccessful on both permitted
examination attempts?
,A. The student can immediately write a third examination
B. The student must take the broker course
C. The student must wait one year from the last day of class before reapplying to
take the course again
D. The student permanently loses eligibility
Answer: C
Rationale: Current NSREC guidance states that after two unsuccessful attempts,
the student must wait one year from the last day of class before reapplying to
take the course again. (
Question 6
Which person generally meets the minimum age requirement for a first-time
Nova Scotia salesperson licence?
A. 16 years old
B. 18 years old
C. 19 years old
D. 21 years old
Answer: C
Rationale: NSREC currently requires a first-time applicant to be at least 19 years
old. (
Question 7
Which is required concerning education for a first-time salesperson applicant?
A. Completion of a university business degree
B. High school graduation or an approved equivalent
C. A law degree
D. A mortgage broker licence
Answer: B
, Rationale: Applicants must provide proof of high school graduation or an
equivalency approved by the Registrar. (
Question 8
Who administers the Nova Scotia Salesperson Licensing Course?
A. NSREC alone
B. NSAR
C. CRA
D. CREA
Answer: B
Rationale: The Salesperson Licensing Course is administered by the Nova Scotia
Association of REALTORS® (NSAR). NSREC administers the licensing examination
and regulatory licensing process. (
Question 9
Which statement best describes the role of NSREC?
A. It primarily provides MLS® services
B. It regulates real estate licensing and professional conduct in Nova Scotia
C. It negotiates mortgages for consumers
D. It represents sellers in transactions
Answer: B
Rationale: NSREC is the regulatory authority for the Nova Scotia real estate
industry. (
Question 10
A salesperson believes a transaction involves a legal issue outside the
salesperson's competence. What is the BEST response?
SCOTIA ASSOCIATION OF REALTORS® (NSAR) / NOVA
SCOTIA REAL ESTATE COMMISSION EXAMINATION
Question 1
Which organization is responsible for licensing real estate salespeople in Nova
Scotia?
A. Nova Scotia Association of REALTORS®
B. Nova Scotia Real Estate Commission
C. Nova Scotia Department of Finance
D. Canadian Real Estate Association
Answer: B
Rationale: The Nova Scotia Real Estate Commission (NSREC) is the provincial
regulator responsible for licensing salespeople, associate brokers, managing
associate brokers, brokers and brokerages. NSAR administers the Salesperson
Licensing Course, while NSREC regulates licensing and professional conduct. (
Question 2
What is the minimum passing score for the Nova Scotia Salesperson Licensing
Examination?
A. 60%
B. 65%
C. 70%
D. 70.4%
Answer: D
,Rationale: The current NSREC By-law establishes 70.4% as the minimum passing
score for the Salesperson Licensing Examination. (
Question 3
After completing the Salesperson Licensing Course, how long does a student
generally have to pass the licensing examination?
A. 3 months
B. 6 months
C. 12 months
D. 24 months
Answer: C
Rationale: A salesperson student has 12 months after completing the course to
pass the licensing exam. (
Question 4
How many attempts does a Salesperson Licensing Course student have to pass
the NSREC salesperson examination?
A. One
B. Two
C. Three
D. Unlimited attempts
Answer: B
Rationale: Current NSREC first-time applicant information states that students are
allowed a maximum of two attempts. (
Question 5
What generally happens if a student is unsuccessful on both permitted
examination attempts?
,A. The student can immediately write a third examination
B. The student must take the broker course
C. The student must wait one year from the last day of class before reapplying to
take the course again
D. The student permanently loses eligibility
Answer: C
Rationale: Current NSREC guidance states that after two unsuccessful attempts,
the student must wait one year from the last day of class before reapplying to
take the course again. (
Question 6
Which person generally meets the minimum age requirement for a first-time
Nova Scotia salesperson licence?
A. 16 years old
B. 18 years old
C. 19 years old
D. 21 years old
Answer: C
Rationale: NSREC currently requires a first-time applicant to be at least 19 years
old. (
Question 7
Which is required concerning education for a first-time salesperson applicant?
A. Completion of a university business degree
B. High school graduation or an approved equivalent
C. A law degree
D. A mortgage broker licence
Answer: B
, Rationale: Applicants must provide proof of high school graduation or an
equivalency approved by the Registrar. (
Question 8
Who administers the Nova Scotia Salesperson Licensing Course?
A. NSREC alone
B. NSAR
C. CRA
D. CREA
Answer: B
Rationale: The Salesperson Licensing Course is administered by the Nova Scotia
Association of REALTORS® (NSAR). NSREC administers the licensing examination
and regulatory licensing process. (
Question 9
Which statement best describes the role of NSREC?
A. It primarily provides MLS® services
B. It regulates real estate licensing and professional conduct in Nova Scotia
C. It negotiates mortgages for consumers
D. It represents sellers in transactions
Answer: B
Rationale: NSREC is the regulatory authority for the Nova Scotia real estate
industry. (
Question 10
A salesperson believes a transaction involves a legal issue outside the
salesperson's competence. What is the BEST response?
