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Real Estate Salesperson Exam — National Portion

Supervision (RI): practice questions

Our Real Estate (National) bank has 3 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Rhode Island

A salesperson violates the license law. When can the broker's license be disciplined for it?

  1. Never; brokers answer only for their own acts
  2. Only if the salesperson's license is revoked
  3. Always; brokers are strictly liable
  4. Only if the broker knew of the violation
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D. Only if the broker knew of the violation — R.I. Gen. Laws 5-20.5-15(b).

Question 2 · Rhode Island

When a salesperson leaves the firm, how soon must the employing broker notify the director in writing?

  1. Within 30 days of the departure
  2. At the next license renewal
  3. Within 48 hours
  4. Within 10 days
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D. Within 10 days — R.I. Gen. Laws 5-20.5-14(a)(33).

Question 3 · Rhode Island

Unless otherwise agreed in writing, how soon must a principal broker account for and pay commissions to an affiliated licensee?

  1. Within 3 business days
  2. By the end of the calendar month in which they are received
  3. Within 10 calendar days of receiving them
  4. Within 30 days after closing
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C. Within 10 calendar days of receiving them — 230-RICR-30-20-2.21(A).

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