NSAR Real Estate Licensing Exam 2026/2027 | Complete
Practice Test | Property Law, Agency, Contracts, Financing &
Ethics
SECTION 1 — LICENSING, REGULATION & PROFESSIONAL PRACTICE
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. Canadian Real Estate Association
D. Nova Scotia Department of Finance
Correct Answer: B. Nova Scotia Real Estate Commission
Rationale: NSREC is the provincial regulator responsible for licensing real estate
salespeople, brokers, brokerages and related licence classes. (Nova Scotia Real
Estate Commission)
2. What is the minimum age for a first-time salesperson licence applicant in
Nova Scotia?
A. 18
B. 19
C. 20
D. 21
Correct Answer: B. 19
Rationale: A first-time applicant must be at least 19 years old. (Nova Scotia Real
Estate Commission)
3. Which organization administers the Nova Scotia Salesperson Licensing
Course?
,A. NSREC
B. NSAR
C. CREA
D. Service Nova Scotia
Correct Answer: B. NSAR
Rationale: The Salesperson Licensing Course is administered by the Nova Scotia
Association of REALTORS®. (Nova Scotia Real Estate Commission)
4. What minimum score is required to pass the Nova Scotia Salesperson
Licensing Examination?
A. 65%
B. 68%
C. 70%
D. 70.4%
Correct Answer: D. 70.4%
Rationale: The current NSREC salesperson examination pass mark is 70.4%. (Nova
Scotia Real Estate Commission)
5. How many attempts does a salesperson student normally have to pass the
licensing examination?
A. One
B. Two
C. Three
D. Unlimited
Correct Answer: B. Two
Rationale: NSREC allows a maximum of two attempts. (Nova Scotia Real Estate
Commission)
6. After completing the salesperson licensing course, how long does an applicant
have to pass the licensing examination?
A. Six months
B. Nine months
,C. Twelve months
D. Eighteen months
Correct Answer: C. Twelve months
Rationale: The exam must be passed within 12 months after course completion.
(Nova Scotia Real Estate Commission)
7. After passing the salesperson exam, how long does an applicant have to apply
for a licence?
A. 30 days
B. 90 days
C. Six months
D. One year
Correct Answer: C. Six months
Rationale: NSREC states that a successful applicant has six months to apply for the
licence. (Nova Scotia Real Estate Commission)
8. Which is a basic educational requirement for a first-time applicant?
A. University degree
B. High-school completion or approved equivalent
C. Bachelor's degree in business
D. Two years of brokerage experience
Correct Answer: B. High-school completion or approved equivalent
Rationale: Applicants must provide proof of high-school graduation or an
approved equivalent. (Nova Scotia Real Estate Commission)
9. Which insurance is mandatory for Nova Scotia real estate licensees?
A. Life insurance
B. Property insurance
C. Errors and Omissions insurance
D. Mortgage insurance
, Correct Answer: C. Errors and Omissions insurance
Rationale: E&O insurance is mandatory for Nova Scotia licensees. (Nova Scotia
Real Estate Commission)
10. Before registering in the Salesperson Licensing Course, an applicant must
satisfy which language requirement?
A. IELTS 5.0
B. CELPIP-G level 7 or higher in all four components
C. TOEFL 80 overall
D. French-language proficiency
Correct Answer: B. CELPIP-G level 7 or higher in all four components
Rationale: NSREC requires level 7 or higher in reading, writing, speaking and
listening on the same CELPIP-G score report. (Nova Scotia Real Estate Commission)
11. Which body regulates the conduct of Nova Scotia real estate licensees?
A. NSREC
B. CRA
C. CMHC
D. CREA only
Correct Answer: A. NSREC
Rationale: NSREC is the provincial regulatory authority.
12. A salesperson's licence application must generally be signed by whom at the
brokerage they are joining?
A. Buyer
B. Seller
C. Broker or managing associate broker
D. Appraiser
Correct Answer: C. Broker or managing associate broker
Rationale: The application must be signed by the broker or managing associate
broker of the brokerage being joined. (Nova Scotia Real Estate Commission)
Practice Test | Property Law, Agency, Contracts, Financing &
Ethics
SECTION 1 — LICENSING, REGULATION & PROFESSIONAL PRACTICE
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. Canadian Real Estate Association
D. Nova Scotia Department of Finance
Correct Answer: B. Nova Scotia Real Estate Commission
Rationale: NSREC is the provincial regulator responsible for licensing real estate
salespeople, brokers, brokerages and related licence classes. (Nova Scotia Real
Estate Commission)
2. What is the minimum age for a first-time salesperson licence applicant in
Nova Scotia?
A. 18
B. 19
C. 20
D. 21
Correct Answer: B. 19
Rationale: A first-time applicant must be at least 19 years old. (Nova Scotia Real
Estate Commission)
3. Which organization administers the Nova Scotia Salesperson Licensing
Course?
,A. NSREC
B. NSAR
C. CREA
D. Service Nova Scotia
Correct Answer: B. NSAR
Rationale: The Salesperson Licensing Course is administered by the Nova Scotia
Association of REALTORS®. (Nova Scotia Real Estate Commission)
4. What minimum score is required to pass the Nova Scotia Salesperson
Licensing Examination?
A. 65%
B. 68%
C. 70%
D. 70.4%
Correct Answer: D. 70.4%
Rationale: The current NSREC salesperson examination pass mark is 70.4%. (Nova
Scotia Real Estate Commission)
5. How many attempts does a salesperson student normally have to pass the
licensing examination?
A. One
B. Two
C. Three
D. Unlimited
Correct Answer: B. Two
Rationale: NSREC allows a maximum of two attempts. (Nova Scotia Real Estate
Commission)
6. After completing the salesperson licensing course, how long does an applicant
have to pass the licensing examination?
A. Six months
B. Nine months
,C. Twelve months
D. Eighteen months
Correct Answer: C. Twelve months
Rationale: The exam must be passed within 12 months after course completion.
(Nova Scotia Real Estate Commission)
7. After passing the salesperson exam, how long does an applicant have to apply
for a licence?
A. 30 days
B. 90 days
C. Six months
D. One year
Correct Answer: C. Six months
Rationale: NSREC states that a successful applicant has six months to apply for the
licence. (Nova Scotia Real Estate Commission)
8. Which is a basic educational requirement for a first-time applicant?
A. University degree
B. High-school completion or approved equivalent
C. Bachelor's degree in business
D. Two years of brokerage experience
Correct Answer: B. High-school completion or approved equivalent
Rationale: Applicants must provide proof of high-school graduation or an
approved equivalent. (Nova Scotia Real Estate Commission)
9. Which insurance is mandatory for Nova Scotia real estate licensees?
A. Life insurance
B. Property insurance
C. Errors and Omissions insurance
D. Mortgage insurance
, Correct Answer: C. Errors and Omissions insurance
Rationale: E&O insurance is mandatory for Nova Scotia licensees. (Nova Scotia
Real Estate Commission)
10. Before registering in the Salesperson Licensing Course, an applicant must
satisfy which language requirement?
A. IELTS 5.0
B. CELPIP-G level 7 or higher in all four components
C. TOEFL 80 overall
D. French-language proficiency
Correct Answer: B. CELPIP-G level 7 or higher in all four components
Rationale: NSREC requires level 7 or higher in reading, writing, speaking and
listening on the same CELPIP-G score report. (Nova Scotia Real Estate Commission)
11. Which body regulates the conduct of Nova Scotia real estate licensees?
A. NSREC
B. CRA
C. CMHC
D. CREA only
Correct Answer: A. NSREC
Rationale: NSREC is the provincial regulatory authority.
12. A salesperson's licence application must generally be signed by whom at the
brokerage they are joining?
A. Buyer
B. Seller
C. Broker or managing associate broker
D. Appraiser
Correct Answer: C. Broker or managing associate broker
Rationale: The application must be signed by the broker or managing associate
broker of the brokerage being joined. (Nova Scotia Real Estate Commission)
