Real Estate License Exam Prep

142 questions available

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142 Practice questions
2 hours 22 minutes Practice Time
Intermediate Difficulty
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Exam overview and details

The Real Estate License Exam Prep is a comprehensive 50-question assessment designed to evaluate a candidate's readiness for the state licensing examination. It tests core knowledge across the fundamental domains of real estate practice, including property ownership, land use controls, valuation, finance, laws of agency, contracts, and disclosure requirements. This exam is essential for individuals completing their pre-licensing education and seeking to enter the profession. By taking this preparatory exam, candidates will gain a clear, realistic benchmark of their current understanding, identify specific areas requiring further study, and build confidence in their test-taking abilities under simulated exam conditions. It serves as a critical diagnostic tool to bridge the gap between coursework and the official state-mandated test.

Sample Questions

Choose an answer and explore the explanation to see how practice works.

Transfer of Title

A city takes private land for a rail project and pays the owner just compensation. Which government power is used?

Practice of Real Estate (Federal Law, Ethics, State License)

A salesperson uses buyer earnest money to pay office rent intending to replace it next week. What is this?

Financing (FHA, VA, Conventional, TILA, RESPA)

An ARM disclosure shows an index of 5.0 percent and a margin of 2.25 percent, with no periodic cap issue. What is the fully indexed rate?

Practice of Real Estate (Federal Law, Ethics, State License)

A listing agent tells homeowners that people of a protected class are moving nearby and they should sell quickly. What is this practice?

Valuation and Market Analysis

A small apartment property has NOI of $96,000 and comparable sales indicate an 8 percent cap rate. Which value is indicated by direct capitalization?

Exam insights and study advice

Successfully passing the state licensing exam is the non-negotiable gateway to a career in real estate. This prep exam directly impacts your practical trajectory by preventing costly exam failures, which delay income and require additional fees for retakes. Its value lies in translating theoretical knowledge into applied, exam-ready competency, ensuring you are prepared not just to pass a test, but to understand the legal and ethical frameworks that protect you, your clients, and your business from the outset of your career.

What this exam covers

Use the published domain weights to plan your study. Practice results do not predict your certification exam score.

01Agency Law and Fiduciary Duties

Agency Law and Fiduciary Duties

02Contract Law and Transactions

Contract Law and Transactions

03Fair Housing and Ethics

Fair Housing and Ethics

04Financing (mortgages, loans, types)

Financing (mortgages, loans, types)

05Forms of Ownership and Land Use

Forms of Ownership and Land Use

06Leases and Property Management

Leases and Property Management

07License Law and Regulations (state-specific)

License Law and Regulations (state-specific)

08Property Disclosures

7-9%

Property Disclosures

Topics

  • material defects
  • lead paint
  • environmental conditions
  • stigmatized property

09Property Valuation and Appraisal

Property Valuation and Appraisal

10Real Property Characteristics and Types

Real Property Characteristics and Types

Frequently Asked Questions

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