Missouri Real Estate Exam Prep

MO Salesperson Practice Exam

Our Missouri Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to Missouri’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

You will receive the following with our real estate practice exams:

Instant Access
Risk Free Pass Guarantee
90-Day Access to Our Testing Materials
Quality Customer Support
Updated for 2018 Regulations

Give Me Access to Missouri Real Estate Exam Prep

90 Day Money Back Guarantee On Our Real Estate Exam Prep

Instant Results

Instant results on each question so you know your strength's and weaknesses!

Instant Results
Works on Any Device
Easy to Use

How Our System Works



Get Access to Real Estate Prep Guide	Study and Improve on Your Weak Areas	Pass Your Exam!

Get Access to Real Estate Prep Guide

Study and Improve on Your Weak Areas

Pass Your Exam!

Missouri License Requirements

The applicant must be at least 18 years of age
The applicant must fulfill ONE of the following requirements:
1. Successfully completing a 48-hour salesperson pre-examination course from an approved real estate school
2. Be a licensed attorney
3. Be granted a one-time sitting for the real estate examinations by the Commission
4. Hold a current and active real estate license in another jurisdiction, pass the STATE portion of the Missouri salesperson exam, and complete the 24-hour Missouri Real Estate Practice Course (MREP)

For more information on state requirements click here.

Missouri Sample Practice Real Estate Exam Questions and Answers

Missouri State Section

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Click on the button below to "Start" your practice exam now. Leaving the page and or closing the browser now or at any moment during the exam will reset your answers. You can always go back and retake any practice test. You can also go over your answers at any moment during the practice test by clicking "List" and picking one of the questions that interests you.

Start

Congratulations - you have completed Missouri State Section . You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%

Your answers are highlighted below.

Question 1

Mortgage "discount" points only apply if which of the following conditions are met?

A	The seller has agreed to pay 1% of the closing costs
B	The interest rate on the mortgage loan has been lowered by 1% for each point charged
C	The loan does not close and the buyer owes the lender for services rendered
D	The interest rate on the mortgage loan has been lowered by 2% for each point charged

Question 2

Standing trees would be considered:

A	Chattels
B	Personal Property
C	Emblements
D	Real property

Question 3

The Salesperson license fee costs how much?

A	$110
B	$75
C	$100
D	$90

Question 4

Which is not necessary for a valid contract?

A	acceptance
B	legal object
C	due date
D	offer

Question 5

Which of the following is a landlord's option for a tenant not paying the rent?

A	shutoff the gas
B	shut off the power
C	unlawful detainer action in court
D	lock the tenant out of the apartment

Question 6

Does Missouri have homestead laws?

A	Yes
B	No

Question 7

Does Missouri allow Holographic wills?

A	No
B	Yes

Question 8

What is a holographic will?

A	a will that has been approved by each family member.
B	a will and testament that has been entirely handwritten and signed by the testator.
C	a will that displays in 3D
D	a standard boiler plate will.

Question 9

How soon can a broker receive a commission check after a closing in Missouri?

A	When the Buyer moves in.
B	Once the offer sheet is signed.
C	After the transaction is completed and funded.
D	Once the seller agrees to the price.

Question 10

Is Missouri a community property state?

A	No
B	Yes

Question 11

What is homestead protection?

A	The estimated value that an asset will have at then end of it's useful life
B	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.
C	Gradual subsidence of waters, leaving dry land
D	Net cash remaining to investor after sale of investment property

Question 12

Does Missouri have dower laws?

A	Yes
B	No

Question 13

Which of the following isn't part of a deed?

A	acknowledgement
B	Premises
C	Habendum
D	novation

Question 14

In what circumstances, if any, can a broker in Missouri who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	In most circumstances, except when the buyer and seller are related
B	None; the broker may only collect compensation from one party to a transaction
C	Only when both buyer and seller have legal representation
D	Only when both buyer and seller give informed consent to this arrangement

Question 15

Which of the following is required for an applicant to receive a Real Estate License?

A	Must be 25 or older
B	Must have a Bachelors degree
C	Must have lived in the state for more than a year
D	Must sit and pass the required exam

Question 16

After getting a license, how often must you take Continuing Education classes?

A	Every 4 years
B	Every 3 years
C	Every year
D	Every 2 years

Question 17

What tenancies does Missouri allow?

A	Both
B	Neither
C	Joint tenancy
D	Tenancy by the entirety

Question 18

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Agent
B	Lessee
C	Lessor
D	Buyer

Question 19

The license law is administered by:

A	Department of Missouri Real Estate
B	Missouri Real Estate Commission
C	Missouri Commission on Real Estate
D	Missouri Department of Real Estate

Question 20

What term means "going to the state?"

A	Taxation
B	escheat
C	Eminent Domain
D	police power

Question 20 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

Question 21

Which of the following would not put a sales person in jeopardy of losing their license in Missouri?

A	Being authorized to accept and excessive commission.
B	Placing an ad claiming to be a broker when they are not.
C	Depositing his/her clients escrow money into a personal account
D	Convicted of a felony