OpenExamsFREE PRACTICE — ANY EXAM

District of Columbia Real Estate Salesperson — Requirements & Free Practice

US-DC · License preparation

363 free questions · Answer explanations · No signup required

Choose what to practice

Start with an exam below. Your examination requirements depend on your application pathway. View licensing requirements

Combined practice

Choose an exam or combined practice to begin.

Licenses, application pathways and examination requirements

Each license and applicant pathway has its own requirements and exemptions. Choosing practice questions does not determine your eligibility.

Real Estate Salesperson

District salesperson license for practice affiliated with a licensed real estate broker. Inactive status and reinstatement are statuses and routes of this license, rather than separate professional license identities.

Licensing authority: District of Columbia Real Estate Commission, Department of Licensing and Consumer Protection · Application information

Reissuance after brokerage address change
No examination is required for this applicant pathway.
Notice
Broker gives Board prescribed written notice at least fifteen days before relocation with the broker’s and employed salespersons’ licenses.
Reissuance
Proper notice and fee lead to new licenses for the unexpired term within thirty days.
Trigger
Principal brokerage place of business changes.

Official no-examination sources

Effective from 2026-09-22.

Reissuance after termination of broker affiliation
No examination is required for this applicant pathway.
New affiliation
Do not practice until reemployed with a real estate broker and the Board has reissued the license.
Notice
Salesperson and broker notify Board within fifteen days of termination; broker returns license.
Trigger
Discharge or employment termination, including loss of the employing broker’s license.

Official no-examination sources

Effective from 2026-09-22.

Licensure by endorsement or waiver
Application
Prescribed written application, business and home street addresses, required documents and fees, sworn or affirmed before a notary (17 DCMR 2602.1-.2).
Broker affiliation
Must be affiliated with a DC-licensed real estate broker.
Criminal history
A directly related conviction is assessed under D.C. Code § 47-2853.17(c-1)(2); disclose relevant history.
Dc fair housing
Complete a three-hour Commission-approved DC Fair Housing course.
Dc property management
Complete a Commission-approved property management course under 17 DCMR 2602.6(c).
Education level
High school graduate or high school equivalency certificate (17 DCMR 2610.4).
Existing license
Currently licensed in a jurisdiction outside the bulletin’s reciprocity categories; includes Maryland salesperson licenses obtained before 1996. Commission determines equivalence and eligibility.
Language
Able to read, write, and understand English (17 DCMR 2610.5).
License certification
Original license certification dated within 90 days; submit continuing education certificates from the last two years, a professional resume or biography, and the prelicensing-course subject description (the bulletin exempts Maryland salesperson applicants from that description).
Licensing history
No real estate license denial other than examination failure during the preceding year; no revocation during the preceding three years; Board review of applicable suspensions and disciplinary action.
Minimum age
At least 18 years old (17 DCMR 2610.1).
National waiver
The PSI bulletin states: “Endorsement applicants may be allowed to waive pre-licensing education requirements, experience requirements, and the national portion of the DC real estate examination.” Equivalence of the original jurisdiction’s national examination standards, including scoring, is judged at original licensure. The national examination is retained because the waiver is conditional; approved waiver applicants are instructed to request the state examination only.
Prelicensing education
Meet or exceed the District’s 60-hour prelicensing education requirements in the licensing jurisdiction.
Score age
Apply with required fees within six months after passing; otherwise retake and pass (17 DCMR 2602.5).
State exam
Every endorsement applicant must pass the DC law examination with at least 75 percent.
Licensure by examination
Application
Prescribed written application, business and home street addresses, required documents and fees, sworn or affirmed before a notary (17 DCMR 2602.1-.2).
Broker affiliation
Must be affiliated with a DC-licensed real estate broker.
Criminal history
A directly related conviction is assessed under D.C. Code § 47-2853.17(c-1)(2); disclose relevant history.
Education level
High school graduate or high school equivalency certificate (17 DCMR 2610.4).
Language
Able to read, write, and understand English (17 DCMR 2610.5).
Licensing history
No real estate license denial other than examination failure during the preceding year; no revocation during the preceding three years; Board review of applicable suspensions and disciplinary action.
Minimum age
At least 18 years old (17 DCMR 2610.1).
Prelicensing education
Complete an approved 60-clock-hour salesperson course under 17 DCMR 2602.3; approved distance learning is allowed under 2602.7.
Score age
Apply with required fees within six months after passing; otherwise retake and pass (17 DCMR 2602.5).
Statutory wording
D.C. Code § 47-2853.172 is located in the salesperson part but its opening sentence says real estate broker. This route relies on the general statutory examination authority and the explicit salesperson requirements in 17 DCMR 2602 and the PSI bulletin.
Relicensure after expiration exceeding five years
Application
Prescribed written application, business and home street addresses, required documents and fees, sworn or affirmed before a notary (17 DCMR 2602.1-.2).
Broker affiliation
Must be affiliated with a DC-licensed real estate broker.
Criminal history
A directly related conviction is assessed under D.C. Code § 47-2853.17(c-1)(2); disclose relevant history.
Education level
High school graduate or high school equivalency certificate (17 DCMR 2610.4).
Elapsed time
Did not apply for reinstatement within five years after expiration; must meet initial licensure requirements.
Language
Able to read, write, and understand English (17 DCMR 2610.5).
Licensing history
No real estate license denial other than examination failure during the preceding year; no revocation during the preceding three years; Board review of applicable suspensions and disciplinary action.
Minimum age
At least 18 years old (17 DCMR 2610.1).
National waiver
An applicant who qualifies for initial-licensure waiver or reciprocity may be excused from the national portion, but must pass the DC law examination.
Score age
Apply with required fees within six months after passing; otherwise retake and pass (17 DCMR 2602.5).
Reinstatement of expired license within five years
No examination is required for this applicant pathway.
Application
Prescribed reinstatement application, street address, reinstatement fee and current Fund assessment.
Board discretion
The Board may require additional specified education or training before or after reinstatement.
Continuing education
Complete 2605.7 credits: nine mandated hours, three property-management hours, and three general elective hours per expired cycle.
Fitness
Provide Board-satisfactory evidence of competency and knowledge of DC and federal law and that resumed practice will not harm the public interest or profession.
Time window
Apply within five years after license expiration, after the late-renewal period.

Official no-examination sources

Effective from 2026-09-22.

First renewal of a license granted by examination
No examination is required for this applicant pathway.
Application
Submit timely renewal application, required fees and evidence of eligibility; maintain current street addresses and notify address changes within thirty days.
Continuing education
17 DCMR 2605.1 exempts first renewal of a license granted by examination from this section’s continuing education requirements.
Cycle
Salesperson licenses expire August 31 in odd-numbered years under 17 DCMR 2620.2.
Discipline
A licensee under a current suspension may not file a renewal application (17 DCMR 2610.7).

Official no-examination sources

Effective from 2026-09-22.

Initial licensure with foreign education, training, or license
Application
Prescribed written application, business and home street addresses, required documents and fees, sworn or affirmed before a notary (17 DCMR 2602.1-.2).
Broker affiliation
Must be affiliated with a DC-licensed real estate broker.
Criminal history
A directly related conviction is assessed under D.C. Code § 47-2853.17(c-1)(2); disclose relevant history.
Education level
High school graduate or high school equivalency certificate (17 DCMR 2610.4).
Foreign qualification
Under D.C. Code § 47-2853.12(g), the Mayor may accept foreign education, training, or licensure only if the applicant otherwise qualifies, including required examination, and the Board finds the foreign requirements substantially equivalent when received.
Language
Able to read, write, and understand English (17 DCMR 2610.5).
Licensing history
No real estate license denial other than examination failure during the preceding year; no revocation during the preceding three years; Board review of applicable suspensions and disciplinary action.
Minimum age
At least 18 years old (17 DCMR 2610.1).
Prelicensing education
The Board must accept the foreign education and training as equivalent to the applicable DC requirements; this does not by itself waive examination.
Score age
Apply with required fees within six months after passing; otherwise retake and pass (17 DCMR 2602.5).
Restoration after delinquent Guaranty Fund assessment
No examination is required for this applicant pathway.
Payment
Pay delinquent assessment, six percent interest from due date to payment, and fifty dollars in penalties.
Trigger
License suspended for failing to pay an assessment required to bring the Fund to the minimum.

Official no-examination sources

Effective from 2026-09-22.

Restoration after reimbursement of Guaranty Fund payment
No examination is required for this applicant pathway.
Payment
Pay the full amount ordered paid from the Fund plus six percent interest per year; satisfy applicable suspension order and 17 DCMR 2623 reinstatement conditions.
Trigger
License suspended pending full repayment of money ordered paid from the Fund.

Official no-examination sources

Effective from 2026-09-22.

Renewal of inactive license
No examination is required for this applicant pathway.
Continuing education
17 DCMR 2605.7(b) requires nine mandated hours, three property-management hours and three general elective hours per inactive licensing cycle.
Existing status
Holder of an inactive salesperson license; may not practice.
Fees
Inactive status is not subject to the renewal fee under D.C. Code § 47-2853.14(b) and 17 DCMR 2612.6.

Official no-examination sources

Effective from 2026-09-22.

Placement on inactive status
No examination is required for this applicant pathway.
Application
Apply and pay inactive-status fee.
Duration
Normally not more than five consecutive years without meeting new-applicant requirements, except reasonable cause or excusable neglect determined by the Board. 17 DCMR 2612.4 provides a government-employment exception to its five-year status limit.
Existing license
Existing DC salesperson license.
Practice prohibition
Do not practice, attempt to practice, or offer to practice while inactive.

Official no-examination sources

Effective from 2026-09-22.

Late renewal within sixty days after expiration
No examination is required for this applicant pathway.
Application
Submit timely renewal application, required fees and evidence of eligibility; maintain current street addresses and notify address changes within thirty days.
Continuing education
Submit required continuing education proof; the Commission may extend the sixty-day period for good cause under 17 DCMR 2605.10.
Cycle
Salesperson licenses expire August 31 in odd-numbered years under 17 DCMR 2620.2.
Discipline
A licensee under a current suspension may not file a renewal application (17 DCMR 2610.7).
Time window
Renew within sixty days after expiration and pay the late fee; upon renewal the license is deemed valid during the intervening period.

Official no-examination sources

Effective from 2026-09-22.

Licensure by accepted national certification waiver
District of Columbia Real Estate Salesperson Examination — State Portion
Accepted certification
Present Board-accepted certification by a recognized national certifying organization with standards at certification at least as high as DC; no discipline or other disqualification by that organization (D.C. Code § 47-2853.12(b)(2)).
Application
Prescribed written application, business and home street addresses, required documents and fees, sworn or affirmed before a notary (17 DCMR 2602.1-.2).
Board review
The applicant must establish Board acceptance and statutory equivalence; this survey does not designate an accepted certification organization.
Broker affiliation
Must be affiliated with a DC-licensed real estate broker.
Criminal history
A directly related conviction is assessed under D.C. Code § 47-2853.17(c-1)(2); disclose relevant history.
Dc courses
Complete Commission-approved DC Fair Housing and property management courses under 17 DCMR 2602.6.
Education level
High school graduate or high school equivalency certificate (17 DCMR 2610.4).
Language
Able to read, write, and understand English (17 DCMR 2610.5).
Licensing history
No real estate license denial other than examination failure during the preceding year; no revocation during the preceding three years; Board review of applicable suspensions and disciplinary action.
Minimum age
At least 18 years old (17 DCMR 2610.1).
Qualification exam
An examination acceptable to the Board or other certification requirements is prior applicant qualification; the statute names no particular certifying examination or organization.
Scope of waiver
The general statute requires waiver of proof-of-fitness examination for qualifying certification, subject to the DC-law exception in § 47-2853.12(c)(1). The profession’s rule identifies the D.C. Real Estate Law Examination for waiver applicants.
Score age
Apply with required fees within six months after passing; otherwise retake and pass (17 DCMR 2602.5).
Restoration after underlying conviction is overturned
No examination is required for this applicant pathway.
Restoration
Suspension or revocation ends when the conviction is overturned; court clerk sends final disposition to Board or Mayor after review.
Trigger
The conviction on which an occupation-related suspension or revocation was based is overturned in appeal or post-conviction proceedings.

Official no-examination sources

Effective from 2026-09-22.

Reactivation after five years with Board granted relief
No examination is required for this applicant pathway.
Board relief
The Board determines that failure to renew during the five-year inactive period was due to reasonable cause or excusable neglect and excuses new-applicant requirements.
Inactive period
Inactive five years or more.
Renewal requirements
Pay applicable reactivation fee and Fund assessment; satisfy current continuing education and renewal requirements under 17 DCMR 2612.5.

Official no-examination sources

Effective from 2026-09-22.

Reactivation after five years or more as a new applicant
Application
Prescribed written application, business and home street addresses, required documents and fees, sworn or affirmed before a notary (17 DCMR 2602.1-.2).
Broker affiliation
Must be affiliated with a DC-licensed real estate broker.
Criminal history
A directly related conviction is assessed under D.C. Code § 47-2853.17(c-1)(2); disclose relevant history.
Education level
High school graduate or high school equivalency certificate (17 DCMR 2610.4).
Government employment rule
17 DCMR 2612.4 exempts government employees prohibited from practice as a condition of employment from the rule’s five-year inactive-status limit. The higher-ranked D.C. Code § 47-2853.14(d) still sets the current initial-licensure requirements when returning after five years unless the Board grants its stated relief.
Inactive period
Inactive for five years or more; meet all current initial licensure requirements unless the Board grants reasonable-cause or excusable-neglect relief.
Language
Able to read, write, and understand English (17 DCMR 2610.5).
Licensing history
No real estate license denial other than examination failure during the preceding year; no revocation during the preceding three years; Board review of applicable suspensions and disciplinary action.
Minimum age
At least 18 years old (17 DCMR 2610.1).
National waiver
Initial-licensure waiver or reciprocity may excuse the national examination when its conditions are met; waiver applicants still take the DC law examination.
Score age
Apply with required fees within six months after passing; otherwise retake and pass (17 DCMR 2602.5).
Reactivation after less than five years inactive
No examination is required for this applicant pathway.
Continuing education
Meet current continuing education requirements under 17 DCMR 2605.7 and all current renewal requirements.
Fees
Pay reactivation fee and any current Fund assessment.
Inactive period
Less than five years on inactive status.

Official no-examination sources

Effective from 2026-09-22.

Licensure by reciprocity
District of Columbia Real Estate Salesperson Examination — State Portion
Application
Prescribed written application, business and home street addresses, required documents and fees, sworn or affirmed before a notary (17 DCMR 2602.1-.2).
Broker affiliation
Must be affiliated with a DC-licensed real estate broker.
Criminal history
A directly related conviction is assessed under D.C. Code § 47-2853.17(c-1)(2); disclose relevant history.
Dc fair housing
Complete a Commission-approved DC Fair Housing course; PSI specifies three hours.
Dc property management
Complete a Commission-approved property management course (17 DCMR 2602.6(c)).
Education level
High school graduate or high school equivalency certificate (17 DCMR 2610.4).
Eligibility
The DC PSI bulletin lists salesperson licensees from Virginia and Maryland salesperson licensees licensed from 1996 onward. These are applicant-origin conditions, not research targets.
Existing license
Currently licensed in good standing in the same or substantially similar profession; originating standards must have been at least as high when licensed and the jurisdiction must admit DC professionals in a like manner (17 DCMR 2611.1).
Language
Able to read, write, and understand English (17 DCMR 2610.5).
License certification
Original certification from the original licensing jurisdiction dated within 90 days; pocket cards are not accepted.
Licensing history
No real estate license denial other than examination failure during the preceding year; no revocation during the preceding three years; Board review of applicable suspensions and disciplinary action.
Minimum age
At least 18 years old (17 DCMR 2610.1).
Score age
Apply with required fees within six months after passing; otherwise retake and pass (17 DCMR 2602.5).
Waiver
The national portion is waived for qualifying reciprocal applicants; the DC law examination remains required.
Renewal of active license
No examination is required for this applicant pathway.
Application
Submit timely renewal application, required fees and evidence of eligibility; maintain current street addresses and notify address changes within thirty days.
Continuing education
Complete fifteen hours in the preceding two-year cycle: nine hours of mandated courses, three hours of approved property management coursework, and three general elective hours. Courses must be Commission approved; qualifying out-of-jurisdiction general elective credit may be substituted at Commission discretion; submit completion certification under 2605.6.
Cycle
Salesperson licenses expire August 31 in odd-numbered years under 17 DCMR 2620.2.
Discipline
A licensee under a current suspension may not file a renewal application (17 DCMR 2610.7).

Official no-examination sources

Effective from 2026-09-22.

Reinstatement of revoked license
No examination is required for this applicant pathway.
Application
Prescribed reinstatement application, required reinstatement fee and residential street address.
Continuing education
Satisfy 17 DCMR 2605.7 continuing education, including general elective hours for each affected cycle.
Existing status
DC salesperson license revoked.
Fitness
Show moral qualifications, competency and knowledge of DC and federal law and fitness to resume practice. Board reviews misconduct, rehabilitation, current competence and payment of fines; it may require additional specified education or training.
Order
Meet the suspension or revocation order’s terms or the final review judgment; any individualized Board conditions are applicant conditions.
Prior denial
After denial of reinstatement, wait one year to reapply (17 DCMR 2623.6).
Waiting period
Wait three years after revocation unless the Act or revocation order provides otherwise (17 DCMR 2623.1).

Official no-examination sources

Effective from 2026-09-22.

Reinstatement of suspended license
No examination is required for this applicant pathway.
Application
Prescribed reinstatement application, required reinstatement fee and residential street address.
Continuing education
Satisfy 17 DCMR 2605.7 continuing education, including general elective hours for each affected cycle.
Existing status
DC salesperson license suspended.
Fitness
Show moral qualifications, competency and knowledge of DC and federal law and fitness to resume practice. Board reviews misconduct, rehabilitation, current competence and payment of fines; it may require additional specified education or training.
Order
Meet the suspension or revocation order’s terms or the final review judgment; any individualized Board conditions are applicant conditions.
Prior denial
After denial of reinstatement, wait one year to reapply (17 DCMR 2623.6).

Official no-examination sources

Effective from 2026-09-22.

District of Columbia Real Estate Salesperson Examination — State Portion

Provider
PSI Services LLC
Format
Computer-based written examination
Exam questions
30 scored questions; up to 10 additional non-scored items may be administered
Time limit
90 minutes
Passing score
75% correct
Exam fee
$79 for one portion or both portions
Examination outline
  • I. DUTIES AND POWERS OF THE REAL ESTATE COMMISSION (20%)
    • A. General powers
    • B. Investigations, hearings, and appeals
    • C. Disciplinary Actions — 1. Sanctions
    • C. Disciplinary Actions — 2. Suspension and revocation
    • C. Disciplinary Actions — 3. Fines
    • D. Guaranty and Education Fund administration
  • II. LICENSING REQUIREMENTS (13%)
    • A. Activities requiring a license
    • D. License maintenance — 1. Continuing education
    • D. License maintenance — 2. Reinstatement and renewal
    • D. License maintenance — 3. Change in license
  • III. STATUTORY REQUIREMENTS GOVERNING THE ACTIVITIES OF LICENSEES (67%)
    • A. Advertising/Technology
    • B. Broker/salesperson relationship
    • C. Commissions
    • D. Disclosure/conflict of interest
    • E. Handling of documents
    • F. Handling of monies
    • G. Fair housing/ADA
    • H. Tenant’s right to purchase
    • I. Agency — 1. Disclosure of relationships
    • I. Agency — 2. Fiduciary duties
    • J. Property disclosures — 1. General
    • J. Property disclosures — 2. Historic preservation
    • J. Property disclosures — 3. Common-interest communities
    • K. Environmental issues — 1. Sustainable energy
    • K. Environmental issues — 2. District of Columbia regulations
Examination sources

Real Estate Salesperson Examination — National Portion (Real Estate Principles and Practices)

Provider
PSI Services LLC
Format
National portion of a state real estate salesperson examination delivered by PSI; a minimum score must be achieved on each portion, and a candidate who fails one portion (state or national) retakes only that portion
Exam questions
80 scored questions (80 points), plus one to ten unscored experimental items
Examination outline
  • I. Property Ownership (Sales 10%, Broker 10%) (10%)
    • A. Real and personal property; conveyances
    • B. Land characteristics and legal descriptions: 1. Metes and bounds method of legal property description; 2. Lot and block (recorded plat) method of legal property description; 3. Government survey (rectangular survey) method of legal property description; 4. Measuring structures (linear and square footage); 5. Land measurement
    • C. Encumbrances and effects on property ownership: 1. Types of liens and their effect on the title and value of real property; 2. Easements, rights of way and licenses, including their effect on the title, value and use of real property; 3. Encroachments and their effect on the title, value and use of real property; 4. Potential encumbrances on title, such as probate, leases, or adverse possession; 5. Property rights that may be conveyed separately from use of the land surface, such as mineral and other subsurface rights, air rights, or water rights
    • D. Types of ownership: 1. Ownership in severalty/sole ownership; 2. Implications of ownership as tenants in common; 3. Implications of ownership in joint tenancy; 4. Forms of common-interest ownership, such as Timeshares, Condominiums and Co-ops; 5. Property ownership held in a trust or by an estate; 6. Ownership by business entities; 7. Life Estate ownership
  • II. Land use Controls (Sales 5%, Broker 5%) (5%)
    • A. Government rights in land: 1. Government rights to impose property taxes and special assessments; 2. Government rights to acquire land through eminent domain, condemnation and escheat
    • B. Government controls on land use
    • C. Private controls: 1. Deed conditions or restrictions on property use; 2. Subdivision covenants, conditions and restrictions (CC&Rs) on property use; 3. Condominium and owners’ associations regulations or bylaws on property use
  • III. Valuation (Sales 8%, Broker 8%) (8%)
    • A. Appraisals: 1. Appraisals for valuation of real property; 2. Situations which require appraisal by a licensed or certified appraiser and brokerage-related actions that constitute unauthorized appraisal practice; 3. General steps in appraisal process
    • B. Estimating Value: 1. Economic principles and property characteristics that affect value of real property; 2. Sales or market comparison approach to property valuation and appropriate uses; 3. Cost approach to property valuation and appropriate uses; 4. Income analysis approach to property valuation and appropriate uses
    • C. Comparative Market Analysis (CMA): 1. Competitive/Comparative Market Analysis (CMA), BPO or equivalent; 2. Automated Valuation Method (AVM), appraisal valuation and Comparative Market Analysis (CMA)
  • IV. Financing (Sales 10%, Broker 9%) (10%)
    • A. Basic Concepts and Terminology: 1. Loan financing (for example, points, LTV, PMI, interest, PITI); 2. General underwriting process (e.g., debt ratios, credit scoring and history); 3. Standard mortgage/deed of trust clauses and conditions; 4. Essential elements of a promissory note
    • B. Types of Loans: 1. Conventional loans; 2. Amortized loans, partially amortized (balloon) loans, interest-only loans; 3. Adjustable-rate mortgage (ARM) loans; 4. Government Loans (a. FHA insured loans; b. VA guaranteed loans; c. USDA/Rural Development loan programs); 5. Owner financing (for example, installment or land contract/contract for deed); 6. Reverse-mortgage loans; 7. Home equity loans and lines of credit; 8. Construction loans; 9. Rehab loans; 10. Bridge loans
    • C. Financing and Lending: 1. Real Estate Settlement Procedures Act (RESPA), including kickbacks; 2. Truth-in-Lending Act (Regulation Z), including advertising; 3. Requirements and time frames of TRID (TILA-RESPA Integrated Disclosures); 4. Equal Credit Opportunity Act; 5. Lending Process (application through loan closing); 6. Risky loan features, such as prepayment penalties and balloon payments
  • V. Contracts (Sales 19%, Broker 19%) (19%)
    • A. General Contract Law: 1. General principles of contract law; 2. Elements necessary for a contract to be valid; 3. Effect of the Statute of Frauds; 4. Offer and a contract; 5. Enforceability of contracts; 6. Void, voidable and unenforceable contracts; 7. Bilateral and unilateral contracts; 8. Nature and use of option agreements; 9. Notice, delivery, acceptance and execution of contracts; 10. Appropriate use, risks, and advantages of electronic signatures and paperless transactions; 11. Rights and obligations of the parties to a contract; 12. Possible remedies for breach or non-performance of contract; 13. Termination, rescission and cancellation of contracts
    • B. Purchase and Lease Contracts: 1. Addenda and amendments to contracts; 2. Purchase agreements; 3. Contract contingencies and methods for satisfying them; 4. Leases and rental agreements; 5. Lease-purchase agreements; 6. Types of leases
    • C. Proper handling of multiple offers and counteroffers
  • VI. Agency (Sales 13%, Broker 13%) (13%)
    • A. Agency and non-agency relationships: 1. Agency relationships and how they are established; 2. Types of listing contracts; 3. Buyer brokerage/tenant representation contracts; 4. Other brokerage relationships, including transaction brokers and facilitators; 5. Powers of attorney and other assignments of authority; 6. Conditions for termination of agency or brokerage service agreements
    • B. Agent Duties: 1. Fiduciary duties of agents; 2. Agent's duties to customers/non-clients, including honesty and good faith
    • C. Agency Disclosures: 1. Disclosure of agency/representation; 2. Disclosure of possible conflict of interest or self-interest
  • VII. Property Disclosures (Sales 7%, Broker 7%) (7%)
    • A. Property Condition: 1. Seller's property condition disclosure requirements; 2. Property conditions that may warrant inspections or a survey; 3. Red flags that warrant investigation of public or private land use controls
    • B. Environmental and Government Disclosures: 1. Environmental issues requiring disclosure; 2. Federal, state, or local disclosure requirements regarding the property
    • C. Disclosure of material facts and material defects
  • VIII. Property Management (Sales 3%, Broker 5%) — items marked (BROKER ONLY) in this area are not part of the salesperson examination (3%)
    • A. Duties and Responsibilities: 1. Procurement and qualification of prospective tenants; 2. Fair housing and ADA compliance specific to property management; 3. How to complete a market analysis to identify factors in setting rents or lease rates (items 4. Property manager responsibility for maintenance, improvements, reporting and risk management; 5. Handling landlord and tenant funds; trust accounts, reports and disbursements; and 6. Provisions of property management contracts are marked BROKER ONLY)
    • B. Landlord and tenant rights and obligations
  • IX. Transfer of Title (Sales 6%, Broker 6%) (6%)
    • A. Types of deeds
    • B. Title Insurance and Searches: 1. Title insurance policies and title searches; 2. Potential title problems and resolutions; 3. Marketable and insurable title
    • C. Closing Process: 1. When transfer of ownership becomes effective; 2. Process and importance of recordation; 3. Settlement procedures (closing) and parties involved; 4. Home and new construction warranties
    • D. Special Processes: 1. Special issues in transferring foreclosed properties; 2. Special issues in short sale transactions; 3. Special issues in probate transactions
  • X. Practice of Real Estate (Sales 12%, Broker 12%) — subsection D. Supervisory Responsibilities is marked (BROKER ONLY) and is not part of the salesperson examination (12%)
    • A. Antidiscrimination: 1. Federal Fair Housing Act general principles and exemptions; 2. Protected classes under Federal Fair Housing Act; 3. Protections against discrimination based on gender identity and sexual orientation; 4. Prohibited conduct under Federal Fair Housing Act (Redlining, Blockbusting, Steering, Disparate Treatment); 5. Fair housing advertising rules; 6. Americans with Disabilities Act (ADA) obligations pertaining to accessibility and reasonable accommodations
    • B. Legislation and Regulations: 1. Licensees’ status as employees or independent contractors; 2. Antitrust laws and types of violations, fines and penalties; 3. Do-Not-Call List rule compliance; 4. Proper use of Social Media and Internet communication and advertising
    • C. Duties and Responsibilities: 1. Protection of confidential personal information (written, verbal or electronic); 2. Duties when handling funds of others in transactions; 3. Licensee responsibility for due diligence in real estate transactions
  • XI. Real Estate Calculations (Sales 7%, Broker 6%) (7%)
    • A. Calculations for Transactions: 1. Seller’s net proceeds; 2. Buyer funds needed at closing; 3. Real property tax and other prorations; 4. Real property transfer fees; 5. PITI (Principal, Interest, Taxes and Insurance) payments estimate given loan rate and term
    • B. General Concepts: 1. Equity; 2. Rate of return/Capitalization rate; 3. Loan-to-Value ratio; 4. Discount points and loan origination fees
Examination sources