PUERTO RICO REAL ESTATE SALESPERSON
LICENSING EXAM 2026 NEWEST EXAM QUESTIONS
AND CORRECT DETAILED ANSWERS WITH
RATIONALES (100% VERIFIED ANSWERS) ALREADY
GRADED A+
1. The primary purpose of requiring a real estate salesperson license in Puerto Rico is to:
A. Increase property prices
B. Restrict property ownership
C. Protect the public by ensuring qualified professionals provide real estate services
D. Eliminate competition among real estate professionals
Answer: C
Rationale: Real estate licensing laws exist to protect consumers by ensuring that individuals
involved in real estate transactions meet education, examination, ethical, and regulatory
requirements.
2. The agency responsible for regulating real estate professionals in Puerto Rico is the:
A. Department of Treasury
B. Department of Transportation
C. Puerto Rico Real Estate Examining Board
D. Property Tax Office
Answer: C
,Rationale: The Puerto Rico Real Estate Examining Board regulates licensing, qualifications,
professional conduct, and disciplinary matters involving real estate professionals.
3. A real estate salesperson in Puerto Rico must generally work under the supervision of:
A. A property owner
B. A mortgage lender
C. A licensed real estate broker
D. A construction contractor
Answer: C
Rationale: A salesperson does not operate independently and must perform real estate
activities under the supervision and responsibility of a licensed broker.
4. Which activity requires a real estate license in Puerto Rico?
A. Selling your own personal residence
B. Giving a friend general housing advice
C. Representing another person in a property sale for compensation
D. Reading property advertisements
Answer: C
Rationale: Activities involving representing others in real estate transactions for
compensation generally require licensing.
5. The relationship between a real estate broker and client is primarily based on:
A. Employment law only
B. Friendship
C. Agency principles
D. Construction law
Answer: C
Rationale: Agency law governs the relationship between real estate professionals and clients,
establishing duties such as loyalty, disclosure, confidentiality, and care.
6. A real estate salesperson owes fiduciary duties primarily to:
,A. Competing brokers
B. The general public only
C. The client represented by the broker
D. The local government
Answer: C
Rationale: Fiduciary duties are owed to the client and include loyalty, obedience,
confidentiality, disclosure, accounting, and reasonable care.
7. Which fiduciary duty requires a real estate professional to protect confidential client
information?
A. Accounting
B. Obedience
C. Confidentiality
D. Marketing
Answer: C
Rationale: Confidentiality requires an agent to protect private information obtained from the
client, even after the agency relationship ends, unless disclosure is required by law.
8. A listing agreement between a property owner and broker is an example of:
A. A loan agreement
B. A construction contract
C. An agency contract
D. A lease agreement
Answer: C
Rationale: A listing agreement creates an agency relationship where the broker agrees to
market and assist in selling the property on behalf of the owner.
9. Which type of listing gives a broker the exclusive right to earn a commission if the property
sells during the listing period?
A. Open listing
, B. Net listing
C. Exclusive right-to-sell listing
D. Verbal listing
Answer: C
Rationale: Under an exclusive right-to-sell listing, the broker receives compensation regardless
of who finds the buyer if the property sells during the listing term.
10. A salesperson who discovers a material defect in a property should:
A. Hide it to protect the sale
B. Ignore the information
C. Disclose the material fact according to legal and ethical requirements
D. Tell only competing brokers
Answer: C
Rationale: Real estate professionals must disclose known material facts that could affect a
buyer’s decision or the value and use of the property.
11. The term “broker” refers to a person who:
A. Only owns rental property
B. Provides construction services
C. Is licensed to conduct real estate brokerage activities
D. Works only for banks
Answer: C
Rationale: A licensed broker is authorized to perform brokerage activities and may supervise
real estate salespersons.
12. A salesperson who receives a commission from a transaction is usually compensated
through:
A. The buyer directly in all cases
B. The government
C. The supervising broker
LICENSING EXAM 2026 NEWEST EXAM QUESTIONS
AND CORRECT DETAILED ANSWERS WITH
RATIONALES (100% VERIFIED ANSWERS) ALREADY
GRADED A+
1. The primary purpose of requiring a real estate salesperson license in Puerto Rico is to:
A. Increase property prices
B. Restrict property ownership
C. Protect the public by ensuring qualified professionals provide real estate services
D. Eliminate competition among real estate professionals
Answer: C
Rationale: Real estate licensing laws exist to protect consumers by ensuring that individuals
involved in real estate transactions meet education, examination, ethical, and regulatory
requirements.
2. The agency responsible for regulating real estate professionals in Puerto Rico is the:
A. Department of Treasury
B. Department of Transportation
C. Puerto Rico Real Estate Examining Board
D. Property Tax Office
Answer: C
,Rationale: The Puerto Rico Real Estate Examining Board regulates licensing, qualifications,
professional conduct, and disciplinary matters involving real estate professionals.
3. A real estate salesperson in Puerto Rico must generally work under the supervision of:
A. A property owner
B. A mortgage lender
C. A licensed real estate broker
D. A construction contractor
Answer: C
Rationale: A salesperson does not operate independently and must perform real estate
activities under the supervision and responsibility of a licensed broker.
4. Which activity requires a real estate license in Puerto Rico?
A. Selling your own personal residence
B. Giving a friend general housing advice
C. Representing another person in a property sale for compensation
D. Reading property advertisements
Answer: C
Rationale: Activities involving representing others in real estate transactions for
compensation generally require licensing.
5. The relationship between a real estate broker and client is primarily based on:
A. Employment law only
B. Friendship
C. Agency principles
D. Construction law
Answer: C
Rationale: Agency law governs the relationship between real estate professionals and clients,
establishing duties such as loyalty, disclosure, confidentiality, and care.
6. A real estate salesperson owes fiduciary duties primarily to:
,A. Competing brokers
B. The general public only
C. The client represented by the broker
D. The local government
Answer: C
Rationale: Fiduciary duties are owed to the client and include loyalty, obedience,
confidentiality, disclosure, accounting, and reasonable care.
7. Which fiduciary duty requires a real estate professional to protect confidential client
information?
A. Accounting
B. Obedience
C. Confidentiality
D. Marketing
Answer: C
Rationale: Confidentiality requires an agent to protect private information obtained from the
client, even after the agency relationship ends, unless disclosure is required by law.
8. A listing agreement between a property owner and broker is an example of:
A. A loan agreement
B. A construction contract
C. An agency contract
D. A lease agreement
Answer: C
Rationale: A listing agreement creates an agency relationship where the broker agrees to
market and assist in selling the property on behalf of the owner.
9. Which type of listing gives a broker the exclusive right to earn a commission if the property
sells during the listing period?
A. Open listing
, B. Net listing
C. Exclusive right-to-sell listing
D. Verbal listing
Answer: C
Rationale: Under an exclusive right-to-sell listing, the broker receives compensation regardless
of who finds the buyer if the property sells during the listing term.
10. A salesperson who discovers a material defect in a property should:
A. Hide it to protect the sale
B. Ignore the information
C. Disclose the material fact according to legal and ethical requirements
D. Tell only competing brokers
Answer: C
Rationale: Real estate professionals must disclose known material facts that could affect a
buyer’s decision or the value and use of the property.
11. The term “broker” refers to a person who:
A. Only owns rental property
B. Provides construction services
C. Is licensed to conduct real estate brokerage activities
D. Works only for banks
Answer: C
Rationale: A licensed broker is authorized to perform brokerage activities and may supervise
real estate salespersons.
12. A salesperson who receives a commission from a transaction is usually compensated
through:
A. The buyer directly in all cases
B. The government
C. The supervising broker
