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Real Estate License Exam | 120 State-Specific Questions with Verified Answers | Rhode Island Law, Licensing, Ethics, Disclosure

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This comprehensive exam prep document contains 120 expertly answered questions, specifically aligned with the 2025/2026 Rhode Island Real Estate License curriculum. It thoroughly covers legal requirements, agency duties, ethical conduct, fair housing laws, and landlord-tenant regulations, as mandated by Rhode Island's Department of Business Regulations. The document is tailored for students, agents, and professionals preparing for the state licensing exam or needing to stay compliant with Rhode Island-specific real estate laws. Key topics include: – Licensing Law & Disciplinary Actions: license revocation, commingling, Recovery Fund, escrow procedures, administrative penalties, renewal deadlines, E&O insurance, continuing education – Broker & Salesperson Responsibilities: advertising rules, accepting compensation, fiduciary duties, transaction facilitation, agency disclosure timing – Dual Agency & Designated Representation: written consent rules, neutral facilitator roles, buyer-seller disclosures, sub-agency compliance – Fair Housing & Protected Classes: RI-specific exemptions, ADA requirements, steering, blockbusting, and complaint processes – Landlord-Tenant Law: notice periods, repair timelines, habitability, non-resident landlord requirements, maximum security deposit laws, abandonment procedures – Required Disclosures: property condition reports, deaths on property, Megan’s Law implications, smoke/CO detector inspections – Rhode Island Real Estate Commission: structure, responsibilities, appointment process, and oversight functions – Reciprocity Licensing & Legal Requirements: Power of Attorney, CEU requirements, license validity, and exam prerequisites – Prohibited Practices & Ethics: net listings, false commission claims, unauthorized incentives, confidentiality violations Each Q&A entry is formatted for clear, fast review and offers direct insights into Rhode Island’s legal standards—making it a critical resource for passing the exam and practicing within legal bounds. Best suited for students enrolled in: – Real Estate License Programs in Rhode Island – Legal Studies or Paralegal Programs (State Law Focus) – Business Law with Real Estate Concentration – Continuing Education for Real Estate Professionals – State-Reciprocity Real Estate Training Relevant for institutions such as: – Community colleges and licensing academies in Rhode Island – University of Rhode Island, Rhode Island College, and regional institutions offering real estate or law-related coursework Ideal for candidates preparing for licensing exams, new licensees ensuring compliance, and professionals seeking to renew licenses or understand changes in Rhode Island's real estate law. Keywords: Rhode Island real estate law, license revocation, Recovery Fund, continuing education, dual agency, designated facilitator, earnest deposit, property disclosure, ADA compliance, security deposit law, non-resident landlord, fair housing RI, seller disclosure, commission regulation, net listing, Department of Business Regulation, CO detector inspection, agency disclosure, transaction facilitator, Megan’s Law, renewal deadline, escrow compliance, license reciprocity, license suspension, licensee ethics

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Institution
REAL ESTATE LICENSE
Course
REAL ESTATE LICENSE

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Real Estate License Exam 2025/2026
Exam Questions and Answers 100%
Guaranteed Success | Already Rated A+



A real estate licensee may have his/her license revoked for - 🧠 ANSWER

✔✔accepting compensation for brokerage services from someone other

than the employing broker


Who must comply with the state license laws? - 🧠 ANSWER ✔✔A real

property owner involved in a like kind exchange with another property

owner who is represented by a license

Which of the following is /are regulated by the real estate license laws? - 🧠

ANSWER ✔✔An individual charging a finder's fee for referral of information

leading to a listing

,A license may be revoked upon proof of - 🧠 ANSWER ✔✔stating to a

perspective client that the listing commission is set by state law

As a salesperson involved in a real estate transaction, you may accept a

commission from the - 🧠 ANSWER ✔✔employing broker


A salesperson may advertise a property for sale only - 🧠 ANSWER ✔✔if the

name of the employing broker is in the ad

A licensing board or commission has jurisdiction to do which of the

following? - 🧠 ANSWER ✔✔Establish that all real estate commissions are

negotiable


A broker can have his/her license revoked for - 🧠 ANSWER ✔✔failing to

pay salespeople their earned commissions

A real estate broker hires a secretary who does not have a real estate

license to be in charge of the clerical staff. The broker agrees to pay the

secretary a fixed salary. Which of the following duties may the secretary

perform? - 🧠 ANSWER ✔✔Typing contracts submitted by the salespeople

in the broker's office

Which of the following requires a real estate license? - 🧠 ANSWER

✔✔Obtaining a listing to find a tenant to rent a store

, Which of the following is/are entitled to a hearing before the real estate

licensing commission? - 🧠 ANSWER ✔✔One who has passed the state

licensing exam and has been denied a license

A broker is guilty of commingling if he/she maintains client's monies - 🧠

ANSWER ✔✔In a sealed envelope in the office safe


Which of the following actions on the part of a real estate broker or

salesperson could result in license revocation? - 🧠 ANSWER ✔✔Quoting to

prospective buyer's a sale price that is lower than the listed price


A licensee could have his/her license revoked for - 🧠 ANSWER ✔✔failing to

disclose to the buyer customer the agency relationship he/she has with the

buyer

Which of the following is notrequired in an application for a real estate

salesperson's license? - 🧠 ANSWER ✔✔U.S. citizenship


A broker's license can be revoked if he/she: - 🧠 ANSWER ✔✔directs a

salesperson to make the first bid on the property without notifying the

owner in writing that the prospective purchaser works for the broker




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REAL ESTATE LICENSE

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