Free Real Estate Salesperson (RES) Examination Paper 2 Practice Questions

Sample Practice Questions

Try these 10 sample questions from the Real Estate Salesperson (RES) Examination Paper 2 practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.

1. 1A salesperson is asked to represent both the seller and the buyer in the same Singapore property transaction. Both parties offer written consent. What is the effect of that consent on the prohibition against dual representation?

   1. A.It permits dual representation if only the seller pays commission.
   2. B.It permits dual representation if both clients receive equal advice.
   3. C.It does not remove the prohibition against representing both parties.Correct answer: C
   4. D.It removes the prohibition once the estate agency approves it.

   Explanation: The Regulations state: "regardless of the consent or agreement of the client". Written consent, a single commission payer, equal advice or agency approval cannot authorise representing both sides.

   Reference: Estate Agents (Estate Agency Work) Regulations 2010 — Regulation 5(1)–(2)

2. 2A developer of an uncompleted housing project holds a no-sale licence and has the approvals needed to commence construction. A buyer asks whether that licence alone authorises unit sales. What should the salesperson explain?

   1. A.The no-sale licence authorises sales as soon as a show flat opens.
   2. B.The no-sale licence permits construction, rather than authorising unit sales.Correct answer: B
   3. C.The no-sale licence authorises sales once any buyer pays a booking fee.
   4. D.The no-sale licence authorises sales if the units are bought without loans.

   Explanation: The official source states: "a no-sale licence which allows you to commence construction works only". A no-sale licence is not the sale licence. A show flat, booking payment or cash purchase does not convert its construction permission into authority to sell.

   Reference: URA Housing Developers requirements — Apply for a housing developer's licence

3. 3A buyer needs short-term funds to complete a purchase. A licensed moneylender offers the salesperson a referral fee for introducing the buyer. How should the salesperson respond?

   1. A.Refer the buyer, provided the referral fee is fully disclosed.
   2. B.Decline to refer the buyer to the moneylender or accept its fee.Correct answer: B
   3. C.Refer the buyer, provided the moneylender has a valid licence.
   4. D.Accept the fee only after the buyer has repaid the loan.

   Explanation: The Regulations state: "introduce, refer or recommend a client to any moneylender". Regulation 6 prohibits these referrals and separately prohibits moneylender benefits in respect of moneylending transactions. Disclosure, licensing and delayed payment do not cure either prohibition.

   Reference: Estate Agents (Estate Agency Work) Regulations 2010 — Regulation 6(1)(a)–(b)

4. 4A buyer is about to pay a booking fee for an uncompleted private residential unit from a licensed developer. When must the developer provide the mandatory project and unit information?

   1. A.Before accepting the booking fee from the buyer.Correct answer: A
   2. B.Only when the sale and purchase agreement is exercised.
   3. C.Only after Temporary Occupation Permit has been issued.
   4. D.After the buyer collects the keys and inspects the unit.

   Explanation: The official source states: "provide you with a set of mandatory information on the housing project and unit before accepting the booking fee". The information must be available before the developer accepts the booking fee, enabling an informed booking decision. Agreement exercise, TOP and key collection are later stages.

   Reference: URA Buying Property Home Buyer's Guide — Booking Your Unit

5. 5For a Singapore property sale, which payment-handling arrangement falls within the express cheque-delivery exception to the prohibition on holding transaction monies?

   1. A.The salesperson deposits the buyer's cash into a personal account.
   2. B.The salesperson banks the buyer's cheque payable to the agency.
   3. C.The salesperson holds the buyer's cash until the option is exercised.
   4. D.The salesperson delivers a crossed account payee cheque drawn in the seller's favour.Correct answer: D

   Explanation: The Regulations state: "delivering on behalf of any party a crossed account payee cheque or cashier’s order drawn in favour of another party to the transaction". Delivery of a cheque drawn in favour of the seller is permitted. Receiving cash or banking funds through the salesperson or agency is outside this exception.

   Reference: Estate Agents (Estate Agency Work) Regulations 2010 — Regulation 7(1)–(2)(a)

6. 6A licensed developer and buyer wish to change a term in the prescribed sale and purchase form. The change is not a pre-approved amendment. What is required?

   1. A.The salesperson's approval is sufficient if the buyer agrees.
   2. B.The developer may make the change after notifying its marketing agency.
   3. C.The Controller's approval must be sought for the variation.Correct answer: C
   4. D.No approval is needed if both parties initial the changed clause.

   Explanation: The official source states: "If you wish to make variations to the prescribed forms other than the pre-approved amendments, you will have to seek the Controller’s approval". Mutual agreement or initials do not replace the Controller's approval for a non-pre-approved change to prescribed forms.

   Reference: URA Housing Developers requirements — Use the standard Option to Purchase and Sale and Purchase Agreement

7. 7While conducting a property viewing, a salesperson is reasonably asked by a visitor to inspect the displayed estate agent card and note its details. What must the salesperson allow?

   1. A.Inspection of the card and recording of information from it.Correct answer: A
   2. B.Inspection only if the visitor first signs an agency agreement.
   3. C.Recording of the agency name but no information about the salesperson.
   4. D.Inspection only after the visitor has submitted an offer for the property.

   Explanation: The Regulations state: "allow such person to record any information from the card". A reasonable request does not depend on an agreement or offer and is not restricted to the agency name.

   Reference: Estate Agents (Estate Agency Work) Regulations 2010 — Regulation 9(1)–(2)

8. 8A developer is running two separate housing projects. Which project-account arrangement matches URA's stated requirement?

   1. A.One pooled Project Account is sufficient for all the developer's projects.
   2. B.An agency-held account can replace the developer's required Project Accounts.
   3. C.A Project Account is needed only after a project obtains its TOP.
   4. D.A Project Account with a financial institution is required for each project.Correct answer: D

   Explanation: URA requires developers to "open and maintain a Project Account with a financial institution for each project". Each project needs its own required account. Pooling the projects in one account, substituting an agency account or postponing the account until TOP does not satisfy that project-specific requirement.

   Reference: URA Housing Developers requirements — Open and maintain a project account for each housing project

9. 9What risk must the professional indemnity insurance required for estate agency work cover?

   1. A.Loss of property value caused by a general market downturn.
   2. B.Loss of rental income caused by a tenant's unemployment.
   3. C.Civil liability arising from negligent performance of estate agency work.Correct answer: C
   4. D.The buyer's liability to repay the outstanding housing mortgage.

   Explanation: The Regulations state: "civil liability for negligence in the performance of estate agency work". This is professional liability cover, rather than protection against market losses, tenant default or mortgage debt.

   Reference: Estate Agents (Estate Agency Work) Regulations 2010 — Regulation 13(2)

10. 10After collecting keys to a new private residential unit, a buyer discovers defects and seeks rectification by the developer. What defects-liability-period length is stated in URA's Home Buyer's Guide?

    1. A.Three months
    2. B.Six months
    3. C.One yearCorrect answer: C
    4. D.Three years

    Explanation: The official source states: "rectification works within the 1 year defects liability period". URA's guide states a one-year defects liability period. The buyer should inspect and report defects within the applicable contractual process; the question asks for the period length, not a replacement for the contract's detailed notice provisions.

    Reference: URA Buying Property Home Buyer's Guide — Collecting Your Keys