Free Wyoming Real Estate Salesperson Licensing Examination — State Portion Practice Questions

Sample Practice Questions

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

1. 1A Wyoming licensee is the subject of a sworn complaint that appears to warrant further inquiry. Who conducts the investigation under the Commission's complaint rules?

   1. A. The complainant and the county recorder
   2. B. The liaison commissioner and Commission staff
   3. C. The responsible broker and the local board
   4. D. The testing provider and the attorney general

   Answer: B

   Explanation: The controlling rule states: "The LCM and Commission staff shall investigate those written complaints received which merit further investigation." Therefore the liaison commission member and Commission staff conduct the investigation.

   Reference: Wrec Rules All — Chapter 8, Section 4

2. 2How must a Wyoming salesperson applicant submit the required application items under Commission Chapter 1, excluding fingerprint cards?

   1. A. In one packet before any issued item expires
   2. B. In separate monthly installments
   3. C. Directly to Pearson VUE after testing
   4. D. Through the sponsoring broker after license issuance

   Answer: A

   Explanation: Chapter 1 requires applicants to submit the listed items "in one packet, excluding fingerprint cards, in advance of any expiration dates as issued."

   Reference: Wrec Rules All — Chapter 1, Section 3(a)

3. 3A Wyoming licensee receives more than three Commission censures within two years. What does the statute identify this as?

   1. A. A ground for disciplinary action
   2. B. Automatic qualification for inactive status
   3. C. A basis to extend the renewal cycle
   4. D. A prerequisite to a rehearing

   Answer: A

   Explanation: W.S. 33-28-111(a)(xxxiii) lists "Receiving more than three (3) censures from the commission within a two (2) year period" among the statutory disciplinary grounds.

   Reference: Wy Title 33 — W.S. 33-28-111(a)(xxxiii), p. 455

4. 4What additional fee does Wyoming collect from a person obtaining a real estate license for the real estate recovery account?

   1. A. $10
   2. B. $20
   3. C. $50
   4. D. $100

   Answer: B

   Explanation: The statute says: "Every person obtaining or renewing a license shall pay an additional fee of twenty dollars ($20.00)." Thus the additional amount is $20.

   Reference: Wy Title 33 — W.S. 33-28-201(b), p. 465

5. 5Who may submit a sworn written complaint alleging a violation of the Wyoming Real Estate License Act or Commission rules?

   1. A. Only a party to the transaction
   2. B. Only a responsible broker
   3. C. Any person or entity, a commissioner, or Commission staff
   4. D. Only the attorney general

   Answer: C

   Explanation: Chapter 8 provides: "A complaint concerning an alleged violation of the Act or Commission Rules may be submitted by any person or entity, a Commission member, or a member of the Commission staff." The authority is not limited to transaction parties or brokers.

   Reference: Wrec Rules All — Chapter 8, Section 2(a)

6. 6Which score reports must a first-time Wyoming salesperson applicant who does not hold an active real estate license elsewhere provide?

   1. A. Only the state score report
   2. B. Only the national score report
   3. C. The course examination report only
   4. D. Passing national and state examination score reports

   Answer: D

   Explanation: The rule requires "copies of a passing score report(s) for the national and state real estate examinations" from an applicant not actively licensed in another jurisdiction.

   Reference: Wrec Rules All — Chapter 1, Section 3(a)(v)(A)

7. 7For how long must a Wyoming responsible broker retain the full transaction records required by W.S. 33-28-123?

   1. A. One year from closing
   2. B. Two years from the company's latest participation
   3. C. Three years from contract formation
   4. D. Seven years from recording

   Answer: B

   Explanation: W.S. 33-28-123 says: "The records shall be maintained not less than two (2) years from the latest date on which the real estate company participated in the transaction."

   Reference: Wy Title 33 — W.S. 33-28-123, p. 463

8. 8What is the maximum amount payable from Wyoming's real estate recovery account for any one judgment?

   1. A. $5,000
   2. B. $10,000
   3. C. $25,000
   4. D. $50,000

   Answer: B

   Explanation: Payment may cover actual damages left unpaid, "but for not more than ten thousand dollars ($10,000.00)." Therefore B is the statutory cap.

   Reference: Wy Title 33 — W.S. 33-28-202(a), p. 465

9. 9During a Wyoming Commission investigation, what information must be given to the license holder against whom charges were made?

   1. A. The final sanction and appeal deadline
   2. B. The hearing officer's findings and conclusions
   3. C. The complainant's litigation strategy and witness list
   4. D. The charges, initiation of the investigation, liaison commissioner, and nature of the complaint

   Answer: D

   Explanation: The rule says license holders "shall be advised of the charges, the investigation initiated, the name of the LCM, and the nature of the complaint." Those are the required notices during the investigation.

   Reference: Wrec Rules All — Chapter 8, Section 4

10. 10A Wyoming salesperson applicant presently holds an active real estate license in another jurisdiction. Which licensing-exam score report does Chapter 1 specifically require?

    1. A. A passing state examination score report
    2. B. A passing national examination score report only
    3. C. A broker management examination score report
    4. D. No examination score report

    Answer: A

    Explanation: For an applicant actively licensed elsewhere, Chapter 1 requires "a copy of a passing score report for the state real estate examination."

    Reference: Wrec Rules All — Chapter 1, Section 3(a)(v)(B)