semplr.

Exams · Certifications · Licensing

Real Estate Salesperson Exam — National Portion

Discipline (MS): practice questions

Our Real Estate (National) bank has 9 questions on this topic. Here are 4 of them with answers; the full mock exam draws from every topic, like the real one.

Start the free mock exam

Question 1 · Mississippi

An unlicensed person collected a fee for brokerage acts. What may an aggrieved person recover from that person in court?

  1. Between one and four times the sum the person received
  2. Exactly the sum the person received, plus 8% interest
  3. Treble damages, with no minimum amount
  4. A fixed penalty of $500 for each transaction handled
Show the answer

A. Between one and four times the sum the person received — Miss. Code Ann. 73-35-31(2).

Question 2 · Mississippi

How long does a licensee have to appeal an adverse Commission decision to circuit court?

  1. Sixty days from the date of the written order
  2. Thirty days from service of notice
  3. Six months from the final ruling
  4. Ten days from the hearing date
Show the answer

B. Thirty days from service of notice — Miss. Code Ann. 73-35-25(1).

Question 3 · Mississippi

Which legal-related act may a Mississippi broker who is not an attorney perform?

  1. Use an earnest money contract form
  2. Give opinions on the validity of title
  3. Share in an attorney's closing fees
  4. Draft a deed for the parties to sign
Show the answer

A. Use an earnest money contract form — Miss. Code Ann. 73-35-21(2).

Question 4 · Mississippi

Before Commission staff may communicate with a licensee about an investigation, what must happen?

  1. The licensee must be served with a subpoena by a county sheriff
  2. The full Commission must vote to open a formal investigation
  3. The complaining party must sign a sworn waiver of confidentiality for the file
  4. Written notice must be delivered to the licensee's responsible broker
Show the answer

D. Written notice must be delivered to the licensee's responsible broker — Miss. Code Ann. 73-35-23(6).

More Real Estate (National) topics