Real Estate Practice Exam
Test your preparedness for the Real Estate Exam with our free 25 practice questions here. You can also sign up with our program to access more than 540+ Exam Questions and explanations.
Real estate Exam Prep
We have worked our tail off to bring you the top rated real estate exam prep.
This real estate practice exam is almost identical to the real estate exam you will face in the coming weeks.
Take your time, pay attention and if you need help passing your real estate exam, we are here to help.
Real estate Exam Prep
We have worked our tail off to bring you the top rated real estate exam prep.
This real estate practice exam is almost identical to the real estate exam you will face in the coming weeks.
Take your time, pay attention and if you need help passing your real estate exam, we are here to help.
Real Estate Exam Questions PDF (100 questions)
What content is on the real estate exam?
Access 540+ Actual Real Estate Exam Questions to Help You Get Your Real Estate License
Sign Up TodayI’m assuming by the time you are reading this, you have already taken your real estate licensure courses so you should have an overall glimpse of what topics you will find on your real estate exam.
So once you are qualified, you’ll need to hard on the real estate exam prep.
Now, you can go to any State’s real estate exam commission and they will have an “official” breakdown of what % of the exam is each topic.
Here at Real Estate Exam Ninja, we don’t want vague, we want to nail this baby down to a 3% margin of error so we know exactly what to study and how much time to dedicate to each section.
To accomplish this, we survey all of our students after they pass their real estate exam so we know not only what is on the exam but we also know how much of each section is on the exam.
Here is our latest breakdown as of 2022
- Real Estate Ownership
- Property Descriptions
- Encumbrances
- Contingencies
- Local, State, and other Government Restrictions
- Real Property Liens
- Real Estate Brokerage
- Buyer and Listing Agency Agreements
- Contract Law
- Transfer of Property Title
- Financing Principles
- Property Management
How Many Questions Are on the Real Estate Exam?
There will be approximately 80 questions on the national portion of the real estate exam. In almost all States, you will need to answer 56 questions (70%) to pass.
Study Resources For The Real Estate Exam
When we put this guide together, our goal was not to sell you our real estate exam study guide, it was to aggregate enough resources that you can study for free. However, if you are one of those people who prefer convenience, you can sign up below.
Free Real Estate Exam Resources
Below we have aggregated a list of free study resources in hopes that you can pass your practice real estate exam on your first try (although that is not the norm). If you know of a free resource that we can add to this list, please e-mail us and let us know.
Nelnet Solutions provides a free 300 page real estate practice PDF that can be accessed here. We have reviewed the material and found it to be slightly better than average content that will help you study for your real estate exam.
Quizlet is a flashcard website that has many real estate practice exam questions that are 100% free. This link is one of our favorites and we can vouch for the material.
Dummies.com has a small guide which they call a “cheat sheet”. It is basically some terminology that you will 100% see on the real estate exam.
Pearson Vue Practice Exam – This one is not free on the link I am providing but if you search the internet you can find it. For legal purposes, I can not provide a link. We really think this content is fantastic.
PSI Real Estate Practice Exam – Once again, this one is not free but if you know how to search google you can find it really easy.
Tests.com has a free practice test with 41 questions that you can use to practice as well. We don’t like the exam material in this one as much but it can still be fantastic review and practice for your real estate test.
What Kind Of Questions Are On The Real Estate Exam?
As you guys know, the real estate exam is broken up into a national section and a state section. The real estate exam practice exam questions below are for the national portion. For the state portion, do not trust ANY real estate exam prep website as these questions change all the time due to State laws.
What are the four kinds of real estate ownership?
Tenancy In Severalty
Tenancy In Common
Joint Tenancy
Tenancy by the Entirety
What are the 6 Fiduciary Duties of a Real Estate Agent?
Accounting
Care
Confidentiality
Disclosure
Loyalty
Obedience
The primary purpose of Truth in Lending is to:
Truth in Lending (otherwise known as Regulation Z) is intended to do away with deceptive financing tactics.
What is the difference between a Grantor and A Grantee?
The grantor gives, sells, or transfers the property to the grantee. The grantee receives the property.
What is the difference between a Mortgagor and a Mortgagee?
The mortgagor is the borrower. The mortgagee is the lender. The borrower gives a mortgage to the lender. The lender gives money to the borrower.
The above 5 questions are a sample of what you will see on your real estate exam. We interview over 500 test-takers per year so our company has a much better knowledge of what questions you will find on your real estate exam. Keep this in mind when you are practicing!
PROPERTY OWNERSHIP AND LAND USE CONTROLS AND REGULATIONS
(15% OF EXAM)
- Classes of Property
- Property Characteristics
- Encumbrances
- Types of Ownership
- Descriptions of Property
- Government Rights in Land
- Public Controls
- Environmental Hazards and Regulations
- Private Controls
- Water Rights
- Special Categories of Land
LAWS OF AGENCY AND FIDUCIARY DUTIES
(17% OF EXAM)
- Law, Definition and Nature of Agency Relationships, Types of Agencies, and Agents
- Creation of Agency and Agency Agreements
- Responsibilities of Agent to Seller/Buyer as Principal
- Disclosure of Agency
- Disclosure of Acting as Principal or Other Interest
- Termination of Agency
- Commission and Fees
- Responsibilities of Agent to Non-Client Third Parties
PROPERTY VALUATION AND FINANCIAL ANALYSIS
(APPROXIMATELY 14% OF EXAM)
- Value
- Methods of Estimating Value
- Financial Analysis
FINANCING
(APPROXIMATELY 9% OF EXAM)
- General Real Estate Math
- Types of Loans
- Sources of Financing
- Government Programs
- Mortgages/Deeds of Trust/Notes
- Financing/Credit Laws
- Loan Brokerage
- Types of Loan Originators
TRANSFER OF PROPERTY
(8% OF EXAM)
- Title Insurance
- Deeds
- Escrow
- Tax Aspects
- Special Processes
- Transfer through Court Supervision
- Types of Vesting
PRACTICE OF REAL ESTATE AND DISCLOSURES
(25% OF EXAM)
- Trust Account Management
- Fair Housing
- Truth in Advertising
- Record Keeping
- Agency Supervision
- Permitted Activities of Unlicensed Sales Assistants
- Licensing, and Continuing Education Requirements and Procedures
- General Ethics
- Technology
- Property Management
- Commercial/Industrial/Income Properties
- Specialty Areas
- Transfer Disclosure Statement
- Natural Hazard Disclosure Statements
- Disclosure of Material Facts Affecting Property Value
- Need for Inspection and Obtaining/Verifying Information
- Reports
- Servicing Diverse Populations
CONTRACTS
(APPROXIMATELY 12% OF EXAM)
- General
- Listing Agreements
- Buyer Broker Agreements
- Offers/Purchase Contracts
- Agreements
- Promissory Notes/Securities
- Purchase/Lease Options
- Advanced Fee