Wisconsin Real Estate Exam Prep

WI Salesperson Practice Exam

Our Wisconsin 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 Wisconsin’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

How to Become a Real Estate Agent in Wisconsin

Are you considering getting a real estate license in Wisconsin? If so, you must complete the required pre-licensure real estate classes and pass the state’s real estate test. We offer the best Wisconsin real estate study guides and sample tests for future real estate professionals. We guarantee that our students will pass the test — or they will get a full refund.

Give Me Access to Wisconsin Real Estate Exam Prep

90 Day Money Back Guarantee On Our Real Estate Exam Prep

What Do I Get with the Wisconsin Real Estate Exam Prep?

Instant Access to All Exam Prep Materials
A 100 Percent Money-Back Guarantee that You Will Pass
90 Days of Access to the System
Committed Customer Support
All Materials Updated for 2018 Regulations

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!

Wisconsin Sample Practice Real Estate Exam Questions and Answers

Wisconsin 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 Wisconsin State Section . You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%

Your answers are highlighted below.

Question 1

An easement by prescription may establish:

A	who owes back taxes
B	a claim to title
C	use of property
D	homestead rights

Question 2

What tenancies does Wisconsin allow?

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

Question 3

What is homestead protection?

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

Question 4

The Salesperson license fee costs how much?

A	$75
B	$80
C	$70
D	$50

Question 5

What term means "going to the state?"

A	escheat
B	police power
C	Eminent Domain
D	Taxation

Question 5 Explanation:

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

Question 6

Is Wisconsin a community property state?

A	No
B	Yes

Question 7

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

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

Question 8

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

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

Question 9

Does Wisconsin allow Holographic wills?

A	Yes
B	No

Question 10

Does Wisconsin have dower laws?

A	No
B	Yes

Question 11

The license law is administered by:

A	Sam Jones
B	Pearson VUE
C	The State Real Estate Commission
D	The Department of State

Question 11 Explanation:

Pearson VUE is the board-approved vendor,

Question 12

Which of the following is not a state that participates in reciprocity?

A	New York
B	Indiana
C	Illinois

Question 13

Does Wisconsin have homestead laws?

A	Yes
B	No

Question 14

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

A	Premises
B	novation
C	Habendum
D	acknowledgement

Question 15

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

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

Question 16

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 interest rate on the mortgage loan has been lowered by 2% for each point charged
D	The loan does not close and the buyer owes the lender for services rendered

Question 17

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

A	Lessor
B	Buyer
C	Agent
D	Lessee

Question 18

After getting the real estate license, how often must you take Continuing Education classes?

A	9 hours every year
B	18 hours every 2 years
C	18 hours every year
D	9 hours every 2 years

Question 19

Does Wisconsin allow reciprocity with other states?

A	No
B	Yes

Question 20

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

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

Question 21

Which of the following would not put a salesperson in jeopardy of losing their license in Wisconsin?

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

Question 22

Standing trees would be considered:

A	Chattels
B	Emblements
C	Personal Property
D	Real property

Question 23

Which is not necessary for a valid contract?

A	acceptance
B	due date
C	legal object
D	offer

Question 24

What is a holographic will?

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