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State Portion Real Estate Exam Questions and Answers Already Passed Latest Update

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State Portion Real Estate Exam Questions and Answers Already Passed Latest Update Chapter 339 is known as: - Answers Missouri license law An unlicensed person is practicing real estate. The MREC may file for an injunction: - Answers Any court of general or competent jurisdiction Broker Cain filed a commission dispute with the MREC against co-broker Able. The MREC: - Answers May not enter into the dispute A salesperson may be an agent of: - Answers His or her broker Broker Roberts is considering incorporating his real estate business. If he does so, which would require a license? - Answers The corporation and broker roberts License fees are payable by: - Answers Personal check, money order or cashiers check The purpose of the license law is to: - Answers Protect the public A licensed salesperson would most likely be a/an: - Answers Employee or independent contractor An inactive partner of a real estate business is required to have: - Answers No license is required A broker opened a branch office. Who could manage the branch office? - Answers A broker-salesperson Which of the following is true of a license requirements for an owner of a corporation whose sole purpose is to subdivide and sell lots they own? - Answers No license is necessary A person has been convicted of embezzlement. Which is true? - Answers MREC may refuse to grant the person a license All are requirements for a salesperson's license EXCEPT: - Answers Citizenship In applying for a real estate salesperson license, the applicant must: - Answers Apply only on a MREC application form A person applying for a broker's license must have: - Answers Been actively licensed as a salesperson for at least 24 of the last 30 months Licenses must be: - Answers Displayed to the public upon request An application for a salesperson's license requires the signatures of the: - Answers Broker and salesperson A salesperson terminated her relationship with her broker. Her broker must transmit her license to MREC within: - Answers 72 hours Which is NOT applicable in obtaining a broker's license? - Answers Apply for license within 6 months of passing the broker's examination If an applicant is denied a license, the MREC must: - Answers Notify the applicant in writing stating the reason for the denial To receive a "certificate of completion", the student must complete what percentage of the course? - Answers 100% When applying for a license, a new applicant need NOT: - Answers Be a US citizen A broker retires and sends all the salespersons' licenses to the MREC. The salespersons have how much time to transfer their licenses to another broker or be placed on inactive status? - Answers 6 months May a broker with a temporary license solicit new listings and write new contracts? - Answers No, may only arrange for closing transactions already under contract and close transactions

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State Portion Real Estate Exam Questions and Answers Already Passed Latest Update 2025-
2026

Chapter 339 is known as: - Answers Missouri license law

An unlicensed person is practicing real estate. The MREC may file for an injunction: - Answers
Any court of general or competent jurisdiction

Broker Cain filed a commission dispute with the MREC against co-broker Able. The MREC: -
Answers May not enter into the dispute

A salesperson may be an agent of: - Answers His or her broker

Broker Roberts is considering incorporating his real estate business. If he does so, which would
require a license? - Answers The corporation and broker roberts

License fees are payable by: - Answers Personal check, money order or cashiers check

The purpose of the license law is to: - Answers Protect the public

A licensed salesperson would most likely be a/an: - Answers Employee or independent
contractor

An inactive partner of a real estate business is required to have: - Answers No license is
required

A broker opened a branch office. Who could manage the branch office? - Answers A broker-
salesperson

Which of the following is true of a license requirements for an owner of a corporation whose
sole purpose is to subdivide and sell lots they own? - Answers No license is necessary

A person has been convicted of embezzlement. Which is true? - Answers MREC may refuse to
grant the person a license

All are requirements for a salesperson's license EXCEPT: - Answers Citizenship

In applying for a real estate salesperson license, the applicant must: - Answers Apply only on a
MREC application form

A person applying for a broker's license must have: - Answers Been actively licensed as a
salesperson for at least 24 of the last 30 months

Licenses must be: - Answers Displayed to the public upon request

An application for a salesperson's license requires the signatures of the: - Answers Broker and
salesperson

, A salesperson terminated her relationship with her broker. Her broker must transmit her license
to MREC within: - Answers 72 hours

Which is NOT applicable in obtaining a broker's license? - Answers Apply for license within 6
months of passing the broker's examination

If an applicant is denied a license, the MREC must: - Answers Notify the applicant in writing
stating the reason for the denial

To receive a "certificate of completion", the student must complete what percentage of the
course? - Answers 100%

When applying for a license, a new applicant need NOT: - Answers Be a US citizen

A broker retires and sends all the salespersons' licenses to the MREC. The salespersons have
how much time to transfer their licenses to another broker or be placed on inactive status? -
Answers 6 months

May a broker with a temporary license solicit new listings and write new contracts? - Answers
No, may only arrange for closing transactions already under contract and close transactions

How many hours of continuing education is required to renew a real estate license? - Answers
12

A broker has their office within their home. How many salespersons may they have? - Answers
No limit

Which of the following courses could qualify for continuing education? - Answers A non-
approved course, conducted out-of-state, and submitted to the MREC for approval

A branch office would operate under: - Answers The parent broker's license

A salesperson with an inactive license wants to buy property. The salesperson contracts an out-
of-state broker and makes an offer on property located out of state. Who must be advised of the
salespersons status as a licensee? - Answers The seller

An unlicensed developer wanted to place a "for sale" sign on his property. Which sign is
permissible? - Answers "For sale by owner/developer"

A broker has a change of home address. How long do they have to notify the MREC? - Answers
10 days

A licensee attended four elective continuing education courses of three hours each. How many
hours may they count toward a license renewal? - Answers 9

A broker changes the name of her real estate firm. The new name must first be registered with: -
Answers Secretary of state

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