Missouri Real Estate - State
Portion Only Exam Questions
and Answers 100% PASS
In the event of the death or incapacity of a licensed broker: - CORRECT ANSWER-May issue a
temporary broker license to individual approved by the commission
What is the maximum fine for violations the commission my charge? - CORRECT ANSWER-
$25,000
The commission will not here what kind of complaints? - CORRECT ANSWER-Commission
disputes between licensees
A real estate cannot work without what? - CORRECT ANSWER-A workers permit issued by
the Real Estate Commission
When do licensee's need to renew? - CORRECT ANSWER-Broker's license, June 30th;
Salesperson license September 30th
What can an applicant do if refused? - CORRECT ANSWER-Appeal to Administrative Hearing
Commission
, How soon must a business notify the commission of a name or address change? - CORRECT
ANSWER-Within 10 business Days
How many Continuing Education Credits do licensee's need to obtain before renewal? -
CORRECT ANSWER-12, 3 required and 9 Elective
What happens if a licensee does not finish CE credits before renewal? - CORRECT ANSWER-
$50 fee per month not completed up to $200 then they must retake the Missouri practice
class (24 hours)
If a salesperson is terminated how long does a broker have to notify the commission? -
CORRECT ANSWER-72 hours
What does a licensee need to do to keep an inactive license? - CORRECT ANSWER-Must re-
apply and pay fees every 2 years, no CE credits are needed
How does an inactive licensee change to an active license? - CORRECT ANSWER-Take the 24
hour practice class and re-apply within 6 months
What does the Missouri law say about disclosures? - CORRECT ANSWER-All must be in
writing
Where does commission appear in contracts? - CORRECT ANSWER-In listing agreement and
HUD. NEVER in sales contract
What do brokers not need to keep a record of? - CORRECT ANSWER-Title insurance policy
How long must a broker obtain records? - CORRECT ANSWER-3 years
What is Missouri's law on net listings? - CORRECT ANSWER-They are ILLEGAL
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
Portion Only Exam Questions
and Answers 100% PASS
In the event of the death or incapacity of a licensed broker: - CORRECT ANSWER-May issue a
temporary broker license to individual approved by the commission
What is the maximum fine for violations the commission my charge? - CORRECT ANSWER-
$25,000
The commission will not here what kind of complaints? - CORRECT ANSWER-Commission
disputes between licensees
A real estate cannot work without what? - CORRECT ANSWER-A workers permit issued by
the Real Estate Commission
When do licensee's need to renew? - CORRECT ANSWER-Broker's license, June 30th;
Salesperson license September 30th
What can an applicant do if refused? - CORRECT ANSWER-Appeal to Administrative Hearing
Commission
, How soon must a business notify the commission of a name or address change? - CORRECT
ANSWER-Within 10 business Days
How many Continuing Education Credits do licensee's need to obtain before renewal? -
CORRECT ANSWER-12, 3 required and 9 Elective
What happens if a licensee does not finish CE credits before renewal? - CORRECT ANSWER-
$50 fee per month not completed up to $200 then they must retake the Missouri practice
class (24 hours)
If a salesperson is terminated how long does a broker have to notify the commission? -
CORRECT ANSWER-72 hours
What does a licensee need to do to keep an inactive license? - CORRECT ANSWER-Must re-
apply and pay fees every 2 years, no CE credits are needed
How does an inactive licensee change to an active license? - CORRECT ANSWER-Take the 24
hour practice class and re-apply within 6 months
What does the Missouri law say about disclosures? - CORRECT ANSWER-All must be in
writing
Where does commission appear in contracts? - CORRECT ANSWER-In listing agreement and
HUD. NEVER in sales contract
What do brokers not need to keep a record of? - CORRECT ANSWER-Title insurance policy
How long must a broker obtain records? - CORRECT ANSWER-3 years
What is Missouri's law on net listings? - CORRECT ANSWER-They are ILLEGAL
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
