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Real Estate Salesperson Exam — National Portion

Disclosure (RI): practice questions

Our Real Estate (National) bank has 5 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 · Rhode Island

When must a Rhode Island seller deliver the written property disclosure to the buyer?

  1. At the closing
  2. Only if the buyer requests it
  3. Before signing any agreement to transfer the property
  4. Within 10 days after the purchase agreement
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C. Before signing any agreement to transfer the property — R.I. Gen. Laws 5-20.8-2(a).

Question 2 · Rhode Island

How long is the buyer's statutory inspection period, unless the parties agree otherwise?

  1. 10 days, not counting weekends and holidays
  2. 14 days
  3. 5 business days
  4. 7 calendar days
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A. 10 days, not counting weekends and holidays — R.I. Gen. Laws 5-20.8-4(a).

Question 3 · Rhode Island

Must a seller disclose that a homicide once occurred on the property?

  1. Only if the buyer is a family
  2. No, it is not a material fact
  3. Only if within the past 3 years
  4. Yes, in all cases
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B. No, it is not a material fact — R.I. Gen. Laws 5-20.8-6(a)(2).

Question 4 · Rhode Island

When may an agent communicate a buyer's offer to the seller?

  1. After the buyer's home inspection is complete and the report is delivered
  2. As soon as the offer is written
  3. After the seller signs a listing
  4. After the buyer has signed a receipt for the seller's disclosure
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D. After the buyer has signed a receipt for the seller's disclosure — R.I. Gen. Laws 5-20.8-2(a).

Question 5 · Rhode Island

Which transfer is exempt from Rhode Island's seller disclosure requirement?

  1. An owner's sale through a broker
  2. A sale of a three-family rental
  3. A for-sale-by-owner sale by a long-time resident owner
  4. A builder's sale of a new, never-occupied home
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D. A builder's sale of a new, never-occupied home — R.I. Gen. Laws 5-20.8-3(8).

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