Nova Scotia Association of REALTORS® | Salesperson Licensing Examination
NSAR Salesperson Licensing Examination
2026/2027 | Verified Questions
Nova Scotia Association of REALTORS® | Nova Scotia Real Estate Commission | Professional Real Estate
Licensing Candidates
100 Verified Questions | 8 Core Domains | Academic Year 2026/2027
Prepared by
Nova Scotia Association of REALTORS® | Salesperson Licensing Examination
NSAR Salesperson Licensing Examination Actual Exam | Academic Year 2026/2027
NSAR Salesperson Licensing Examination 2026/2027 | Verified Questions
,INTRODUCTION
This document contains 100 original verified questions covering the full NSAR Salesperson Licensing
Examination for the academic year 2026/2027. The content addresses all eight core domains: Licensing,
Regulation & Professional Standards; Agency and Representation; Trading Standards, Ethics &
Professional Conduct; Contracts and Agreements; Property Ownership and Legal Concepts; Real Estate
Finance and Mortgages; Valuation, Market Analysis and Appraisal; and Property Management, Taxation
and Closing. Each question is original and designed to reinforce the official NSREC and NSAR course
objectives for actual exam readiness and professional licensing proficiency. Rationales draw upon the Real
Estate Trading Act, NSREC rules, and foundational real estate principles applicable in Nova Scotia.
ACTUAL QUESTIONS
Domain 1: Licensing, Regulation & Professional Standards
Question 1. Which body is responsible for regulating real estate trading and licensing in
Nova Scotia?
A. Municipal property tax offices
B. The Nova Scotia Real Estate Commission (NSREC)
C. The federal Competition Bureau exclusively
D. The Nova Scotia Barristers' Society
Correct Answer: D
Rationale: NSREC is the provincial regulator established to protect the public interest in real estate
trading and to administer licensing.
Question 2. A salesperson licence in Nova Scotia authorizes the holder to:
A. Appraise property for court purposes without additional qualification
B. Trade independently without any brokerage affiliation
C. Trade in real estate only while employed by or associated with a licensed brokerage
D. Draft complex legal instruments as a substitute for a lawyer
Correct Answer: C
Rationale: Salespersons must be registered with and supervised by a licensed brokerage.
Question 3. To obtain an initial salesperson licence, an applicant must generally complete:
A. The approved pre-licensing education, examinations, and other requirements set by NSREC
B. Only a criminal-record check
C. A university degree in any discipline
D. No formal education if they have sales experience in another industry
Correct Answer: B
Rationale: NSREC establishes education, examination, and fitness requirements for licensing.
Question 4. Which statement about licence renewal is accurate?
A. Renewal is automatic upon payment of any fee
B. Licensees must renew according to the schedule and requirements established by NSREC,
including any continuing education
C. Licences never expire
D. Only brokers need to renew
Correct Answer: C
Rationale: Ongoing competence and compliance are maintained through periodic renewal and
education requirements.
NSAR Salesperson Licensing Examination 2026/2027 | Verified Questions
, Question 5. The Real Estate Trading Act of Nova Scotia primarily serves to:
A. Regulate the trading of real estate and protect consumers through licensing and standards
B. Set property tax rates
C. Determine zoning for all municipalities
D. Replace the need for written contracts
Correct Answer: B
Rationale: The Act provides the statutory framework for licensing, conduct, and enforcement.
Question 6. A person who trades in real estate without the required licence may face:
A. Only a private reprimand from a local board
B. Regulatory action including fines, prohibition orders, and possible prosecution
C. No consequences
D. Automatic granting of a licence
Correct Answer: C
Rationale: Unlicensed trading is prohibited and subject to enforcement by NSREC.
Question 7. Which of the following is a typical requirement for maintaining a salesperson
licence?
A. Ownership of a brokerage
B. Compliance with the Act, regulations, and NSREC rules, including proper disclosure and
recordkeeping
C. Membership in a political party
D. Avoiding all client contact
Correct Answer: D
Rationale: Licensees remain subject to ongoing statutory and regulatory obligations.
Question 8. The Nova Scotia Association of REALTORS® (NSAR) is best described as:
A. A federal agency
B. A professional association that provides education, advocacy, and member services; licensing
authority rests with NSREC
C. The provincial government regulator
D. A court of law
Correct Answer: C
Rationale: NSAR supports members while NSREC holds the statutory regulatory authority.
Question 9. When a salesperson changes brokerages, the individual must:
A. Notify only the previous broker verbally
B. Ensure the transfer is properly registered with NSREC according to required procedures
C. Simply begin working at the new brokerage immediately
D. Continue working without notification
Correct Answer: D
Rationale: Registration of the association with a brokerage is a formal requirement.
Question 10. Continuing education requirements for licensees are intended to:
A. Replace the need for initial licensing education
B. Maintain and enhance professional competence and knowledge of current rules and market issues
C. Increase the cost of licensing only
D. Apply only to brokers
Correct Answer: C
NSAR Salesperson Licensing Examination 2026/2027 | Verified Questions
NSAR Salesperson Licensing Examination
2026/2027 | Verified Questions
Nova Scotia Association of REALTORS® | Nova Scotia Real Estate Commission | Professional Real Estate
Licensing Candidates
100 Verified Questions | 8 Core Domains | Academic Year 2026/2027
Prepared by
Nova Scotia Association of REALTORS® | Salesperson Licensing Examination
NSAR Salesperson Licensing Examination Actual Exam | Academic Year 2026/2027
NSAR Salesperson Licensing Examination 2026/2027 | Verified Questions
,INTRODUCTION
This document contains 100 original verified questions covering the full NSAR Salesperson Licensing
Examination for the academic year 2026/2027. The content addresses all eight core domains: Licensing,
Regulation & Professional Standards; Agency and Representation; Trading Standards, Ethics &
Professional Conduct; Contracts and Agreements; Property Ownership and Legal Concepts; Real Estate
Finance and Mortgages; Valuation, Market Analysis and Appraisal; and Property Management, Taxation
and Closing. Each question is original and designed to reinforce the official NSREC and NSAR course
objectives for actual exam readiness and professional licensing proficiency. Rationales draw upon the Real
Estate Trading Act, NSREC rules, and foundational real estate principles applicable in Nova Scotia.
ACTUAL QUESTIONS
Domain 1: Licensing, Regulation & Professional Standards
Question 1. Which body is responsible for regulating real estate trading and licensing in
Nova Scotia?
A. Municipal property tax offices
B. The Nova Scotia Real Estate Commission (NSREC)
C. The federal Competition Bureau exclusively
D. The Nova Scotia Barristers' Society
Correct Answer: D
Rationale: NSREC is the provincial regulator established to protect the public interest in real estate
trading and to administer licensing.
Question 2. A salesperson licence in Nova Scotia authorizes the holder to:
A. Appraise property for court purposes without additional qualification
B. Trade independently without any brokerage affiliation
C. Trade in real estate only while employed by or associated with a licensed brokerage
D. Draft complex legal instruments as a substitute for a lawyer
Correct Answer: C
Rationale: Salespersons must be registered with and supervised by a licensed brokerage.
Question 3. To obtain an initial salesperson licence, an applicant must generally complete:
A. The approved pre-licensing education, examinations, and other requirements set by NSREC
B. Only a criminal-record check
C. A university degree in any discipline
D. No formal education if they have sales experience in another industry
Correct Answer: B
Rationale: NSREC establishes education, examination, and fitness requirements for licensing.
Question 4. Which statement about licence renewal is accurate?
A. Renewal is automatic upon payment of any fee
B. Licensees must renew according to the schedule and requirements established by NSREC,
including any continuing education
C. Licences never expire
D. Only brokers need to renew
Correct Answer: C
Rationale: Ongoing competence and compliance are maintained through periodic renewal and
education requirements.
NSAR Salesperson Licensing Examination 2026/2027 | Verified Questions
, Question 5. The Real Estate Trading Act of Nova Scotia primarily serves to:
A. Regulate the trading of real estate and protect consumers through licensing and standards
B. Set property tax rates
C. Determine zoning for all municipalities
D. Replace the need for written contracts
Correct Answer: B
Rationale: The Act provides the statutory framework for licensing, conduct, and enforcement.
Question 6. A person who trades in real estate without the required licence may face:
A. Only a private reprimand from a local board
B. Regulatory action including fines, prohibition orders, and possible prosecution
C. No consequences
D. Automatic granting of a licence
Correct Answer: C
Rationale: Unlicensed trading is prohibited and subject to enforcement by NSREC.
Question 7. Which of the following is a typical requirement for maintaining a salesperson
licence?
A. Ownership of a brokerage
B. Compliance with the Act, regulations, and NSREC rules, including proper disclosure and
recordkeeping
C. Membership in a political party
D. Avoiding all client contact
Correct Answer: D
Rationale: Licensees remain subject to ongoing statutory and regulatory obligations.
Question 8. The Nova Scotia Association of REALTORS® (NSAR) is best described as:
A. A federal agency
B. A professional association that provides education, advocacy, and member services; licensing
authority rests with NSREC
C. The provincial government regulator
D. A court of law
Correct Answer: C
Rationale: NSAR supports members while NSREC holds the statutory regulatory authority.
Question 9. When a salesperson changes brokerages, the individual must:
A. Notify only the previous broker verbally
B. Ensure the transfer is properly registered with NSREC according to required procedures
C. Simply begin working at the new brokerage immediately
D. Continue working without notification
Correct Answer: D
Rationale: Registration of the association with a brokerage is a formal requirement.
Question 10. Continuing education requirements for licensees are intended to:
A. Replace the need for initial licensing education
B. Maintain and enhance professional competence and knowledge of current rules and market issues
C. Increase the cost of licensing only
D. Apply only to brokers
Correct Answer: C
NSAR Salesperson Licensing Examination 2026/2027 | Verified Questions
