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Missouri Real Estate Salesperson — Requirements & Free Practice

US-MO · License preparation

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Licenses, application pathways and examination requirements

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Real Estate Salesperson License — Business Entity

Statutory salesperson entity authorization under RSMo 339.030(3); each participating general partner, associate, manager, member, or officer must already hold an individual salesperson license.

Licensing authority: Missouri Real Estate Commission · Application information

Statutory issuance of a salesperson license to a business entity
No examination is required for this applicant pathway.
Board Form
The Board entity application generally requires a designated licensed broker; its administrative instructions must be reconciled with the entity’s proposed organization and the statute’s salesperson category.
Fees
Pay the required entity fee and meet the application and competency conditions.
Individual Licenses
Individual salesperson licenses must already have been issued to every participating general partner, associate, manager, member or officer who acts as a salesperson.
Organization
Corporation, partnership, limited partnership, LLC, professional corporation or association within RSMo 339.030.

Official no-examination sources

Effective from 2026-09-22.

Renewal of a statutory salesperson business entity license
No examination is required for this applicant pathway.
Application
Submit the proper renewal application and required fee for the entity’s license period.
Individual Licenses
Maintain the required individual salesperson licenses for each participating person.

Official no-examination sources

Effective from 2026-09-22.

Inactive Salesperson License

Inactive status for a salesperson license.

Licensing authority: Missouri Real Estate Commission · Application information

Biennial renewal of an inactive salesperson license
No examination is required for this applicant pathway.
Continuing Education
No CE requirement for periods during which the salesperson license is inactive.
Deadline
Renew the inactive salesperson license biennially by September 30 in the renewal year, with application and fee.
Restriction
Inactive status confers no authority to practice.

Official no-examination sources

Effective from 2026-09-22.

Transfer an existing salesperson license to inactive status
No examination is required for this applicant pathway.
Application
File the approved change application, return the current original license and pay the status-change fee.
Prior License
Hold a salesperson license whose broker association has ended.
Reactivation Education
MREP completion is required before later reactivation.
Restriction
No broker association or activity requiring a license while inactive.

Official no-examination sources

Effective from 2026-09-22.

Missouri Salesperson License

Missouri salesperson license requiring applicants to be at least 18 and satisfy an applicable qualification pathway.

Licensing authority: Missouri Real Estate Commission · Application information

Licensure through an approved apprenticeship
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Education Demand
The general original-salesperson instructions still demand the 48-hour course and MREP; these are implementing conditions subject to statutory apprenticeship eligibility.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education
Successfully complete eighth grade and an apprenticeship approved by the Division, the U.S. Department of Labor, or otherwise permitted by law.
Examination Discretion
RSMo 324.025 requires an examination if deemed necessary; the Commission’s existing original-salesperson examination rule identifies national and state portions. The applicant must establish any applicable dispensation.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Passing Standard
Any necessary apprenticeship examination passing score cannot exceed the corresponding nonapprenticeship passing score.
Licensure for a licensed attorney
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education Waiver
Pre-examination and Missouri Real Estate Practice education requirements are waived.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Professional Qualification
Be a licensed attorney and attach a current Bar card.
Score Window
Apply within six months of the first passing examination score if portions are passed on separate dates.
Transfer of a current salesperson license to another broker
No examination is required for this applicant pathway.
Application
Complete the change application with former and new broker sections and pay the transfer fee.
Existing License
Hold a salesperson license; return the current original license.
Timing
Transfer is effective on mailing by the prescribed trackable method if the application is complete; otherwise await issuance or the Commission’s processing notification.

Official no-examination sources

Effective from 2026-09-22.

Delinquent renewal before original applicant requalification is required
No examination is required for this applicant pathway.
Education
Meet the CE requirement; 20 CSR 2250-4.020(1)(F) requires MREP completed within six months before submission if CE was not completed during the renewal period.
Late Fee
Pay the renewal fee and a $50 delinquency fee per month or partial month, capped at $200.
Limit
Failure to renew during a subsequent renewal period requires requalification as an original applicant under 20 CSR 2250-4.020(2).
Practice Restriction
No licensed activity during a break in licensure.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement or reissuance following probation, suspension or revocation
Commission Discretion
The Commission determines restoration conditions and may require education, passage of the written examination given to applicants, personal appearances, periodic reports and restitution.
Examination
The currently offered salesperson national and state portions are retained; whether this applicant must retake them is a Commission-imposed condition.
Other Restrictions
Any statutory disqualification and restoration conditions must be satisfied.
Prior Status
Formerly licensed salesperson whose license was placed on probation, suspended or revoked.
Licensure by examination
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Application Window
Pass the examination and apply within six months after the 48-hour pre-examination course; after that credit expires and required courses and examination must be repeated.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Practice Course
Complete the 24-hour Missouri Real Estate Practice course after the pre-examination course and before application; it may precede or follow the examination.
Prelicensure Education
Complete an approved 48-hour salesperson pre-examination course before taking the examination.
Licensure based on a current active license elsewhere
Salesperson State Portion
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Certification
Submit a license-history certification issued no more than three months before application; a license copy is not acceptable.
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education
The 48-hour pre-examination course is waived; complete the 24-hour Missouri Real Estate Practice course before application, before or after the examination.
Existing License
Hold a current active salesperson license in another jurisdiction; the Board application also recognizes the single broker license of a jurisdiction issuing only broker licenses as a salesperson license.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Reciprocal Agreement Waiver
20 CSR 2250-4.080(5) permits the Commission to waive examination for a duly licensed nonresident when a written reciprocal licensing agreement exists; this discretion is an applicant condition.
Score Window
Apply within six months of passing the state portion.
Requalification after failure to renew during a subsequent renewal period
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education
Complete the applicable original-salesperson courses and meet the six-month application window; applicant-specific educational dispensations remain conditions.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Prior License
The prior license expired and the subsequent renewal period passed; requalify as an original applicant.
Reactivation of an inactive salesperson license
No examination is required for this applicant pathway.
Application
Submit the change application and fee, attach the inactive original license if applicable, and obtain the new broker’s signature.
Education
Attach proof of completion of the 24-hour MREP course no more than six months old.

Official no-examination sources

Effective from 2026-09-22.

Licensure using military education, training or service
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Federal Program Exemption
RSMo 324.005 separately exempts an otherwise qualifying licensed military/Department of Defense professional only while practicing at the same level under military orders through the federal Innovative Readiness Training program; it grants no general civilian practice authority.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Military Qualification
Submit satisfactory military education, training or service evidence; RSMo 324.007 requires the Commission to credit it toward licensure qualifications.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Remaining Requirements
Meet the salesperson examination and other requirements not fulfilled by accepted military credit; complete applicable MREP education and apply within the applicable six-month course or score window.
Permanent salesperson licensure after the two year temporary license expires
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Prior Status
The one-time two-year temporary license has expired.
Qualification
Apply for permanent licensure under regular salesperson requirements; meet applicable current examinations, education, six-month windows, fees and applicant-specific dispensations.
Reissuance when probationary practice restrictions are removed
No examination is required for this applicant pathway.
Condition
Satisfy the terms for removing the restriction; RSMo 324.038(3) requires a new license when the restriction is removed.
Prior Status
Hold an issued salesperson license whose probation imposes practice limits.

Official no-examination sources

Effective from 2026-09-22.

Conversion from professional corporation salesperson to individual salesperson
No examination is required for this applicant pathway.
Application
Submit the change application and original license with former and new broker sections and fee.
Prior License
Hold a professional corporation salesperson license.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal
No examination is required for this applicant pathway.
Broker Renewal
The sponsoring broker’s license must be renewed before the salesperson renewal can issue.
Continuing Education
Complete 12 approved CE hours, including at least three core hours; Fair Housing is the designated core for the 2026-2028 renewal.
Course Assessments
Course completion and any course-specific examinations are educational conditions; the Board does not identify an additional licensing examination for renewal.
Renewal Deadline
Salesperson licenses expire September 30 in even-numbered years; submit the renewal application and fee by the deadline.
Waivers
20 CSR 2250-10.100(6) permits documented CE waivers for serious illness or injury, military active duty throughout the period, attorneys, licensees at least 80, legislators, and Commission members.

Official no-examination sources

Effective from 2026-09-22.

Qualifying military or law enforcement spouse recognition
No examination is required for this applicant pathway.
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Examination Demand
The Board’s general nonresident instructions say: If an individual holds a current and active salesperson license in another state/jurisdiction at the time they apply for a Missouri salesperson license, they must pass the STATE portion of the Missouri salesperson exam and take the 24-hour Missouri Real Estate Practice (MREP) Course. The MREP course can be taken before or after the exam date, but must be taken prior to applying for licensure. The 48-hour Missouri salesperson pre-examination course is not required. Application for licensure must be submitted to the MREC within six months of passing the STATE portion of the Missouri salesperson exam. The controlling spouse-specific statute waives examination; this general implementing demand is retained as a condition.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Existing License
Hold a valid current same-profession, same-level license for at least one year and provide proof under RSMo 324.009(2).
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Mandatory Waiver
RSMo 324.009(3)(2) requires issuance within thirty days with examination, education and experience waived for an otherwise qualified spouse.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Remaining Conditions
Meet RSMo 324.009(4)-(12); fees, fingerprints, good standing and other statutory eligibility requirements remain.
Spouse Status
Meet the resident or nonresident military or law-enforcement spouse definitions in RSMo 324.009(1), including the applicable transfer, domicile or law-enforcement employment requirements.

Official no-examination sources

Effective from 2026-09-22.

One year license recognition under RSMo 324.009(3)(1)
Salesperson State Portion
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Instructions
The Board’s general nonresident instructions also demand the 24-hour MREP course and application within six months of passing the state portion; these implementing demands are conditions subject to the statutory waiver.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Eligibility Exclusions
Apply all RSMo 324.009(4)-(12) restrictions, including current good standing, disqualifying criminal history, unresolved investigation or discipline, and licensure obtained under an interstate compact. Fees and fingerprint requirements remain.
Existing License
Hold a valid current license at the same practice level for at least one year in a qualifying jurisdiction and supply proof.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Qualification Verification
The other jurisdiction verifies the applicant met its minimum education and any applicable experience and clinical supervision requirements.
Waiver
Within six months the authority waives examination, education and experience requirements, while retaining discretion to require the Missouri laws examination; the Board’s current requirements identify its salesperson state portion.
Reinstatement or transfer after six months, before original applicant requalification
No examination is required for this applicant pathway.
Application
Submit the change application, fee and new broker affiliation.
Education
Complete MREP and attach a completion certificate no more than six months old.
Prior Status
The returned license has been noncurrent for over six months but has not reached the subsequent-renewal-period requalification boundary.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement or transfer within six months after broker association termination
No examination is required for this applicant pathway.
Application
Submit the complete change application and fee with the new broker’s signature; meet continuing renewal requirements.
Prior Status
The broker returned the license after association terminated; application is within six months of surrender.

Official no-examination sources

Effective from 2026-09-22.

Restoration after tax compliance suspension
No examination is required for this applicant pathway.
Application
Submit the Board change application and broker signature; attach the tax-compliance certificate and signed activity statement when applicable.
Tax Compliance
Obtain the Department of Revenue’s verification that delinquency or failure to file has been remedied or arrangements made.

Official no-examination sources

Effective from 2026-09-22.

License Subject to Probation

Salesperson license issued subject to probation as an alternative to refusal, with written notice of probation terms.

Licensing authority: Missouri Real Estate Commission · Application information

Probated licensure through an approved apprenticeship
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Education Demand
The general original-salesperson instructions still demand the 48-hour course and MREP; these are implementing conditions subject to statutory apprenticeship eligibility.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education
Successfully complete eighth grade and an apprenticeship approved by the Division, the U.S. Department of Labor, or otherwise permitted by law.
Examination Discretion
RSMo 324.025 requires an examination if deemed necessary; the Commission’s existing original-salesperson examination rule identifies national and state portions. The applicant must establish any applicable dispensation.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Passing Standard
Any necessary apprenticeship examination passing score cannot exceed the corresponding nonapprenticeship passing score.
Probation
Issued in the Commission’s discretion instead of refusal, on written probation terms; any practice limits appear on the license and a hearing may be requested within thirty days.
Probated licensure for a licensed attorney
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education Waiver
Pre-examination and Missouri Real Estate Practice education requirements are waived.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Probation
Issued in the Commission’s discretion instead of refusal, on written probation terms; any practice limits appear on the license and a hearing may be requested within thirty days.
Professional Qualification
Be a licensed attorney and attach a current Bar card.
Score Window
Apply within six months of the first passing examination score if portions are passed on separate dates.
Probated licensure by examination
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Application Window
Pass the examination and apply within six months after the 48-hour pre-examination course; after that credit expires and required courses and examination must be repeated.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Practice Course
Complete the 24-hour Missouri Real Estate Practice course after the pre-examination course and before application; it may precede or follow the examination.
Prelicensure Education
Complete an approved 48-hour salesperson pre-examination course before taking the examination.
Probation
Issued in the Commission’s discretion instead of refusal, on written probation terms; any practice limits appear on the license and a hearing may be requested within thirty days.
Probated licensure based on a current active license elsewhere
Salesperson State Portion
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Certification
Submit a license-history certification issued no more than three months before application; a license copy is not acceptable.
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education
The 48-hour pre-examination course is waived; complete the 24-hour Missouri Real Estate Practice course before application, before or after the examination.
Existing License
Hold a current active salesperson license in another jurisdiction; the Board application also recognizes the single broker license of a jurisdiction issuing only broker licenses as a salesperson license.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Probation
Issued in the Commission’s discretion instead of refusal, on written probation terms; any practice limits appear on the license and a hearing may be requested within thirty days.
Reciprocal Agreement Waiver
20 CSR 2250-4.080(5) permits the Commission to waive examination for a duly licensed nonresident when a written reciprocal licensing agreement exists; this discretion is an applicant condition.
Score Window
Apply within six months of passing the state portion.
Probated licensure using military education, training or service
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Military Qualification
Submit satisfactory military education, training or service evidence; RSMo 324.007 requires the Commission to credit it toward licensure qualifications.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Probation
Issued in the Commission’s discretion instead of refusal, on written probation terms; any practice limits appear on the license and a hearing may be requested within thirty days.
Remaining Requirements
Meet the salesperson examination and other requirements not fulfilled by accepted military credit; complete applicable MREP education and apply within the applicable six-month course or score window.
Renewal of a salesperson license remaining subject to probation
No examination is required for this applicant pathway.
Probation
Comply with written probation terms and any stated practice restrictions.
Renewal
Meet salesperson renewal, applicable CE or waiver, broker renewal and fee requirements.

Official no-examination sources

Effective from 2026-09-22.

Probated qualifying military or law enforcement spouse recognition
No examination is required for this applicant pathway.
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Examination Demand
The Board’s general nonresident instructions say: If an individual holds a current and active salesperson license in another state/jurisdiction at the time they apply for a Missouri salesperson license, they must pass the STATE portion of the Missouri salesperson exam and take the 24-hour Missouri Real Estate Practice (MREP) Course. The MREP course can be taken before or after the exam date, but must be taken prior to applying for licensure. The 48-hour Missouri salesperson pre-examination course is not required. Application for licensure must be submitted to the MREC within six months of passing the STATE portion of the Missouri salesperson exam. The controlling spouse-specific statute waives examination; this general implementing demand is retained as a condition.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Existing License
Hold a valid current same-profession, same-level license for at least one year and provide proof under RSMo 324.009(2).
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Mandatory Waiver
RSMo 324.009(3)(2) requires issuance within thirty days with examination, education and experience waived for an otherwise qualified spouse.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Probation
Issued in the Commission’s discretion instead of refusal, on written probation terms; any practice limits appear on the license and a hearing may be requested within thirty days.
Remaining Conditions
Meet RSMo 324.009(4)-(12); fees, fingerprints, good standing and other statutory eligibility requirements remain.
Spouse Status
Meet the resident or nonresident military or law-enforcement spouse definitions in RSMo 324.009(1), including the applicable transfer, domicile or law-enforcement employment requirements.

Official no-examination sources

Effective from 2026-09-22.

Probated one year license recognition under rsmo 324.009(3)(1)
Salesperson State Portion
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Instructions
The Board’s general nonresident instructions also demand the 24-hour MREP course and application within six months of passing the state portion; these implementing demands are conditions subject to the statutory waiver.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Eligibility Exclusions
Apply all RSMo 324.009(4)-(12) restrictions, including current good standing, disqualifying criminal history, unresolved investigation or discipline, and licensure obtained under an interstate compact. Fees and fingerprint requirements remain.
Existing License
Hold a valid current license at the same practice level for at least one year in a qualifying jurisdiction and supply proof.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Probation
Issued in the Commission’s discretion instead of refusal, on written probation terms; any practice limits appear on the license and a hearing may be requested within thirty days.
Qualification Verification
The other jurisdiction verifies the applicant met its minimum education and any applicable experience and clinical supervision requirements.
Waiver
Within six months the authority waives examination, education and experience requirements, while retaining discretion to require the Missouri laws examination; the Board’s current requirements identify its salesperson state portion.

Professional Corporation Salesperson License

Professional corporation licensure for a salesperson who already holds a current Missouri license.

Licensing authority: Missouri Real Estate Commission · Application information

Licensure as a professional corporation of an existing salesperson
No examination is required for this applicant pathway.
Application
Complete applicant and sponsoring broker sections and pay the professional corporation fee.
Organization
Provide the Secretary of State’s certificate of professional incorporation or authority for a foreign professional corporation; obtain Commission name approval.
Ownership
All shares must be held by the salesperson named on the license; the approved name uses Professional Corporation or P.C. and no fictitious name.
Prior License
Already hold a current individual Missouri salesperson license and attach the original.

Official no-examination sources

Effective from 2026-09-22.

Renewal of professional corporation salesperson licensure
No examination is required for this applicant pathway.
Deadline
Salesperson professional corporation renewal expires September 30 in even-numbered years under 20 CSR 2250-4.020(1)(B).
Education
The active licensee meets current CE requirements or an applicable documented waiver.
Fees
Submit the completed renewal and required professional corporation renewal fee.
Prior License
Continue to satisfy the professional corporation ownership and individual salesperson licensing conditions.

Official no-examination sources

Effective from 2026-09-22.

Temporary Work Permit — Real Estate Salesperson

Discretionary permit pending final license review and issuance for an applicant appearing to satisfy the underlying licensing requirements.

Licensing authority: Missouri Real Estate Commission · Application information

Temporary work permit pending licensure through an approved apprenticeship
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Education Demand
The general original-salesperson instructions still demand the 48-hour course and MREP; these are implementing conditions subject to statutory apprenticeship eligibility.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education
Successfully complete eighth grade and an apprenticeship approved by the Division, the U.S. Department of Labor, or otherwise permitted by law.
Examination Discretion
RSMo 324.025 requires an examination if deemed necessary; the Commission’s existing original-salesperson examination rule identifies national and state portions. The applicant must establish any applicable dispensation.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Passing Standard
Any necessary apprenticeship examination passing score cannot exceed the corresponding nonapprenticeship passing score.
Permit Discretion
The Commission may issue and withdraw the permit at its discretion; final review and issuance remain pending.
Temporary work permit pending licensure for a licensed attorney
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education Waiver
Pre-examination and Missouri Real Estate Practice education requirements are waived.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Permit Discretion
The Commission may issue and withdraw the permit at its discretion; final review and issuance remain pending.
Professional Qualification
Be a licensed attorney and attach a current Bar card.
Score Window
Apply within six months of the first passing examination score if portions are passed on separate dates.
Temporary work permit pending licensure by examination
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Application Window
Pass the examination and apply within six months after the 48-hour pre-examination course; after that credit expires and required courses and examination must be repeated.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Permit Discretion
The Commission may issue and withdraw the permit at its discretion; final review and issuance remain pending.
Practice Course
Complete the 24-hour Missouri Real Estate Practice course after the pre-examination course and before application; it may precede or follow the examination.
Prelicensure Education
Complete an approved 48-hour salesperson pre-examination course before taking the examination.
Temporary work permit pending licensure based on a current active license elsewhere
Salesperson State Portion
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Certification
Submit a license-history certification issued no more than three months before application; a license copy is not acceptable.
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Education
The 48-hour pre-examination course is waived; complete the 24-hour Missouri Real Estate Practice course before application, before or after the examination.
Existing License
Hold a current active salesperson license in another jurisdiction; the Board application also recognizes the single broker license of a jurisdiction issuing only broker licenses as a salesperson license.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Permit Discretion
The Commission may issue and withdraw the permit at its discretion; final review and issuance remain pending.
Reciprocal Agreement Waiver
20 CSR 2250-4.080(5) permits the Commission to waive examination for a duly licensed nonresident when a written reciprocal licensing agreement exists; this discretion is an applicant condition.
Score Window
Apply within six months of passing the state portion.
Temporary work permit pending an existing salesperson license change
No examination is required for this applicant pathway.
Application
Submit a completed change application; to request expedited temporary permission, enclose a stamped envelope addressed to the brokerage.
Discretion
Issuance and withdrawal of the work permit remain at the Commission’s discretion.
Prior License
Hold the existing salesperson license and satisfy the applicable transfer or reactivation conditions.

Official no-examination sources

Effective from 2026-09-22.

Temporary work permit pending licensure using military education, training or service
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Military Qualification
Submit satisfactory military education, training or service evidence; RSMo 324.007 requires the Commission to credit it toward licensure qualifications.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Permit Discretion
The Commission may issue and withdraw the permit at its discretion; final review and issuance remain pending.
Remaining Requirements
Meet the salesperson examination and other requirements not fulfilled by accepted military credit; complete applicable MREP education and apply within the applicable six-month course or score window.
Temporary work permit pending qualifying military or law enforcement spouse recognition
No examination is required for this applicant pathway.
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Examination Demand
The Board’s general nonresident instructions say: If an individual holds a current and active salesperson license in another state/jurisdiction at the time they apply for a Missouri salesperson license, they must pass the STATE portion of the Missouri salesperson exam and take the 24-hour Missouri Real Estate Practice (MREP) Course. The MREP course can be taken before or after the exam date, but must be taken prior to applying for licensure. The 48-hour Missouri salesperson pre-examination course is not required. Application for licensure must be submitted to the MREC within six months of passing the STATE portion of the Missouri salesperson exam. The controlling spouse-specific statute waives examination; this general implementing demand is retained as a condition.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Existing License
Hold a valid current same-profession, same-level license for at least one year and provide proof under RSMo 324.009(2).
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Mandatory Waiver
RSMo 324.009(3)(2) requires issuance within thirty days with examination, education and experience waived for an otherwise qualified spouse.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Permit Discretion
The Commission may issue and withdraw the permit at its discretion; final review and issuance remain pending.
Remaining Conditions
Meet RSMo 324.009(4)-(12); fees, fingerprints, good standing and other statutory eligibility requirements remain.
Spouse Status
Meet the resident or nonresident military or law-enforcement spouse definitions in RSMo 324.009(1), including the applicable transfer, domicile or law-enforcement employment requirements.

Official no-examination sources

Effective from 2026-09-22.

Temporary work permit pending one year license recognition under rsmo 324.009(3)(1)
Salesperson State Portion
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Board Instructions
The Board’s general nonresident instructions also demand the 24-hour MREP course and application within six months of passing the state portion; these implementing demands are conditions subject to the statutory waiver.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Eligibility Exclusions
Apply all RSMo 324.009(4)-(12) restrictions, including current good standing, disqualifying criminal history, unresolved investigation or discipline, and licensure obtained under an interstate compact. Fees and fingerprint requirements remain.
Existing License
Hold a valid current license at the same practice level for at least one year in a qualifying jurisdiction and supply proof.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Permit Discretion
The Commission may issue and withdraw the permit at its discretion; final review and issuance remain pending.
Qualification Verification
The other jurisdiction verifies the applicant met its minimum education and any applicable experience and clinical supervision requirements.
Waiver
Within six months the authority waives examination, education and experience requirements, while retaining discretion to require the Missouri laws examination; the Board’s current requirements identify its salesperson state portion.

One-Time Nonrenewable Two-Year Temporary License

One-time, nonrenewable two-year temporary license pathway for applicants with at least three years of work experience in another state or the District of Columbia in an occupation not requiring licensure there but requiring licensure in this state.

Licensing authority: Missouri Real Estate Commission · Application information

One time temporary licensure based on unlicensed jurisdiction work experience
Application
Complete and sign the Board-approved application, disclose criminal and licensing history, provide required supporting documents and fees, and obtain the sponsoring broker’s signature.
Broker Association
An active salesperson license must be associated with one licensed broker under 20 CSR 2250-4.050(2).
Character
Satisfactory competence, honesty, integrity, fair dealing and good moral character under 20 CSR 2250-3.010(1).
Citizenship
Provide acceptable proof of U.S. citizenship or lawful presence and federal work authorization; loss of lawful presence or work authorization revokes the license.
Citizenship Documentation
The July 2025 Board application requests proof of citizenship or lawful presence.
Eligibility
Meet RSMo 324.004(3)-(6) and (8)-(9); no unresolved investigation, complaint or discipline, and no disqualifying revocation. This authorization does not alter compact or reciprocity agreements and is unavailable for the specifically excluded federally regulated occupations.
Examination
Section 324.004(2) requires the profession’s existing licensing examination and permits the state-law examination; the Commission’s salesperson examination consists of the PSI national and Missouri state portions.
Experience
At least three years of qualifying work experience in an occupation or profession not requiring a license in the jurisdiction where the work was performed; provide proof.
Fingerprints
Provide acceptable proof of Missouri and FBI fingerprint-based background checks through the approved vendor; a current Missouri real estate licensee who already satisfied the requirement need not repeat it.
Minimum Age
At least 18 years old under RSMo 339.040(3).
Residence
A nonresident approval is conditional on proof of Missouri domicile within sixty days after receiving the temporary license.
Term
The license is nonrenewable and expires after two years; permanent licensure then requires the occupation’s regular requirements.

Salesperson State Portion

Provider
PSI Services LLC
Format
Computer-administered questions
Exam questions
40 scored questions; 5 to 10 additional experimental questions may be administered and are not scored
Time limit
120 minutes
Passing score
75%
Exam fee
$52 for one or both portions, including retakes
Examination outline
  • General Rules (2 items)
    • Definitions
    • Disputes
  • Licenses (7 items)
    • Applications for License
    • Qualification for, Expiration, and Renewal
    • Individual License; Business Name
    • Broker-Salesperson Relationship
    • Salesperson License; Transfers
    • Denial of License
    • Application and License Fees
  • Educational Requirements (2 items)
    • Salesperson Course
    • Continuing Education Requirements
  • Business Conduct and Practices (17 items)
    • Improper Use of License and Office
    • Branch Offices
    • Clerical Personnel; Personal/Professional Assistants
    • Advertising
    • Listings
    • Offers
    • Licensee’s Interest in Transactions; Relationship with Parties
    • Earnest Money; Disputes
    • Standard Forms
    • Closings and Closing Statements
    • General
    • Commissions (must be licensee)
  • Disciplinary Proceedings (6 items)
    • Complaints
    • Investigation
    • Violations
    • Action by the Commission
    • Action by the Administrative Hearing Commission
    • Penalty for Violating or Practicing without a License
  • Brokerage Relationships (6 items)
    • Disclosure of Agency
    • Types of Brokerage Relationships Permitted
    • Agency Duties and Responsibilities
    • Dual Agency
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