Free Salesperson Examination — State Specific Portion Practice Questions

Sample Practice Questions

Try these 10 sample questions from the Salesperson Examination — State Specific Portion practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.

1. 1A Mississippi licensee receives notice that MREC will hold a disciplinary hearing. What minimum advance notice must the Commission provide?

   1. A. 15 days
   2. B. 10 days
   3. C. 20 days
   4. D. 30 days

   Answer: A

   Explanation: The controlling statute says the person charged "shall be given fifteen (15) days' notice of the hearing upon the charges filed." Therefore, 15 days is required.

   Reference: Mrec License Law (2026) — Miss. Code Ann. § 73-35-23(1)

2. 2What is the minimum age for a resident applicant seeking a Mississippi real estate salesperson license?

   1. A. 17 years
   2. B. 19 years
   3. C. 18 years
   4. D. 21 years

   Answer: C

   Explanation: The statute requires that "Every applicant for a resident license as a real estate salesperson shall be age eighteen (18) years or over." An 18-year-old meets the age requirement.

   Reference: Mrec License Law (2026) — Miss. Code Ann. § 73-35-7(1)

3. 3A court orders the transfer of a one-family dwelling. Is the transfer subject to the Mississippi property-condition disclosure requirements?

   1. A. No, a transfer pursuant to court order is exempt
   2. B. Yes, without exception
   3. C. Only if the property is owner-occupied
   4. D. Only if the order was entered within 30 days

   Answer: A

   Explanation: The disclosure statute excludes "Transfers pursuant to court order." The court-ordered transfer is therefore exempt.

   Reference: Mrec License Law (2026) — Miss. Code Ann. § 89-1-501(2)(a)

4. 4When may a Mississippi licensee represent both seller and buyer in the same transaction?

   1. A. Whenever the licensee receives only one commission
   2. B. Whenever both parties use the same closing attorney
   3. C. When both parties give informed written consent
   4. D. Only when the property is commercial

   Answer: C

   Explanation: MREC's form states, "A Disclosed Dual Agent is a licensee who, with the informed written consent of the Seller and Buyer, is engaged as an agent for both the Seller and Buyer." Both parties' informed written consent is required.

   Reference: Mrec Wwreb — Disclosed Dual Agent section

5. 5An active principal broker from another state has no Mississippi license but wants to perform licensable activity involving Mississippi real estate. What arrangement is required?

   1. A. A cooperative agreement with a Mississippi-licensed principal broker
   2. B. An oral referral directly to a Mississippi salesperson
   3. C. A property-management permit from the county
   4. D. A federal brokerage registration

   Answer: A

   Explanation: The official form states, "This Cooperative Agreement is the contract for cooperation in a real estate transaction with an active principal broker from another state who lacks a Mississippi broker license." The out-of-state broker must work through that agreement.

   Reference: Mrec Coop Agreement (2025) — page 1, Instructions

6. 6A salesperson receives an earnest-money check from a buyer. What must the salesperson do with it?

   1. A. Pay it over immediately to the responsible broker
   2. B. Hold it until the inspection ends
   3. C. Deposit it into the salesperson's personal account
   4. D. Send it directly to MREC

   Answer: A

   Explanation: Rule 3.4 states, "A licensee is required to pay over to the responsible broker all deposits and earnest money immediately upon receipt." Immediate delivery to the responsible broker is required.

   Reference: Ms Admin Code Title 30 Part (1601) — Title 30, Part 1601, Chapter 3, Rule 3.3

7. 7What supervisory duty does a responsible broker owe regarding sponsored licensees?

   1. A. Delegate all compliance training to the testing vendor
   2. B. Allow each salesperson to set independent legal policy
   3. C. Instruct them in practice, ethics, and license law and supervise licensed activities
   4. D. Review only transactions involving cash

   Answer: C

   Explanation: Rule 3.1 makes it the broker's duty "to instruct the licensees licensed under that broker in the fundamentals of real estate practice, ethics of the profession and the Mississippi Real Estate License Law and to exercise supervision of their real estate activities." Both instruction and supervision are required.

   Reference: Ms Admin Code Title 30 Part (1601) — Title 30, Part 1601, Chapter 3, Rule 3.1(A)

8. 8How long must a Mississippi broker retain complete records relating to a consummated real estate transaction?

   1. A. 1 year
   2. B. 3 years
   3. C. 5 years
   4. D. 7 years

   Answer: B

   Explanation: Rule 3.2 requires a broker to keep complete transaction records "for three years following its consummation." The retention period is three years.

   Reference: Ms Admin Code Title 30 Part (1601) — Title 30, Part 1601, Chapter 3, Rule 3.2(G)

9. 9Does MREC's definition of advertising include a licensee's social-networking posts and internet displays?

   1. A. Only after later printing
   2. B. Yes, both electronic forms are included
   3. C. Only when stating commission terms
   4. D. No, both electronic forms are excluded

   Answer: B

   Explanation: Rule 3.3's electronic-media list expressly includes "internet displays." It also lists social-media networking websites, so both communications are advertising.

   Reference: Ms Admin Code Title 30 Part (1601) — Title 30, Part 1601, Chapter 3, Rule 3.3(A)

10. 10Which standard of proof does MREC apply when examining factors during a disciplinary hearing?

    1. A. Preponderance of the evidence
    2. B. Clear and convincing evidence
    3. C. Beyond a reasonable doubt
    4. D. Probable cause

    Answer: B

    Explanation: The statute provides, "The clear and convincing standard of proof shall be used to examine factors during all hearings." That is the governing evidentiary standard.

    Reference: Mrec License Law (2026) — Miss. Code Ann. § 73-35-23(2)