PREP 2026-2027 || MOST RECENT EXAM WITH
COMPLETE REAL QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) ALREADY GRADED A+|| NEWEST
ACTUAL EXAM JUST RELEASED!!! STUDY GUIDE EXAM &
BEST FOR FINAL EXAM PREP
The commission may process an application without penalty
received on October 2nd because:
a. There is a 5-day grace period
b. The applicant has a documented reason
c. There were holidays
d. The commission sets the date manually
c. There were holidays
An agent places their license on inactive status on December 15,
2001. They can reactivate their license without testing if they
apply by:
a. December 15, 2003
b. December 31, 2004
c. December 31, 2003
d. December 15, 2004
b. December 31, 2004
,To reinstate an expired license:
a. A test must be taken
b. Proof of non-activity in real estate must be given
c. A fee must be paid
d. All of the above
c. A fee must be paid
The name of a real estate firm:
a. Must have the words "real estate" in it
b. Must be registered with the board
c. May need approval
d. Is subject to no restrictions
c. May need approval
A temporary license:
a. Can be issued by the board in some cases
b. Is valid for 60 days
c. Is granted upon submission of application
d. Expires at the end of 30 days
d. Expires at the end of 30 days
,Signs require all of the following EXCEPT:
a. Be placed on a window ledge, easily viewed from the street
b. Have the words "Real Estate, Realtor," or other
identifying words included
c. A picture of the building front with sign must be submitted
d. If in an office building, must appear on the directory
a. Be placed on a window ledge, easily viewed from the street
A branch office is NOT:
a. Where records are kept
b. A residence
c. Where licenses are hung
d. Required to have a second principle broker
d. Required to have a second principle broker
A salesperson may work for two principal brokers:
a. In some cases
b. In no case
c. If they desire
d. By permission of the commission
a. In some cases
, Necessary items of a listing contract are:
a. The name of any lien holders
b. The expiration date
c. The signature of the lien holder
d. The condition of the property
b. The expiration date
A Realtor is:
a. A salesperson working under a principal broker
b. Anyone in the real estate business
c. A broker
d. A member of a trade organization
d. A member of a trade organization