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Real Estate Salesperson Exam — National Portion

Discipline (WY): practice questions

Our Real Estate (National) bank has 8 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Wyoming

What is the most the Wyoming commission may fine a licensee for each separate offense?

  1. $10,000
  2. $1,000
  3. $5,000
  4. $2,500
Show the answer

D. $2,500 — Wyo. Stat. 33-28-111(a).

Question 2 · Wyoming

Which practice is a ground for discipline under Wyoming commission rules?

  1. Working with one seller as a seller's agent and later as a buyer's agent in a separate deal
  2. Listing a property that competes with another property listed by the same licensee
  3. Showing a buyer customer several properties listed by other companies on the same day
  4. Taking part in a transaction where all parties are customers and no written agency or intermediary relationship exists
Show the answer

D. Taking part in a transaction where all parties are customers and no written agency or intermediary relationship exists — Wyo. Rules ch. 6 §1(a)(xxi).

Question 3 · Wyoming

Where do administrative fines collected by the Wyoming commission go?

  1. To the public school fund of the county where the violation occurred
  2. To the commission's education fund for licensee seminars
  3. To the state general fund for statewide appropriation
  4. To the real estate recovery account until it reaches its statutory cap balance
Show the answer

A. To the public school fund of the county where the violation occurred — Wyo. Stat. 33-28-111(c).

Question 4 · Wyoming

From whom may a Wyoming associate broker or salesperson accept compensation for real estate activity?

  1. From the closing title company
  2. From any licensed responsible broker
  3. From the buyer or seller directly
  4. Only from the licensee's responsible broker
Show the answer

D. Only from the licensee's responsible broker — Wyo. Stat. 33-28-111(a)(xvii).

Question 5 · Wyoming

Under Wyoming rules, a responsible broker may pay an unlicensed person for which activity without violating the compensation rule?

  1. Hosting open houses on weekends
  2. Showing listed homes to buyers
  3. Negotiating lease terms with tenants
  4. Arranging non-consecutive short-term rentals
Show the answer

D. Arranging non-consecutive short-term rentals — Wyo. Rules ch. 6 §1(a)(xvi).

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