100+ Free Real Estate Practice Exam Questions (October 2025)

National Real Estate Exam

1 / 100

After paying off a loan, the lender files what to release the lien?

2 / 100

Who is most likely to win a suit for specific performance?

3 / 100

When you buy real property, you gain several different kinds of rights. One of which are rights called "subsurface rights." What are subsurface rights?

4 / 100

What is the total quantity that buyers are willing to buy at a given time at certain prices?

5 / 100

What is the act of mixing the client’s funds with the broker’s own funds? This can be both legal and illegal depending on the state and circumstance.

6 / 100

Which of the following best describes the term "emblements?"

7 / 100

Which of the following is an economic characteristic of real estate?

8 / 100

Whose obligation is it to disclose potential lead-based paint to buyers of homes built before 1978?

9 / 100

After smoking, this is the second leading cause of lung cancer in the United States. A naturally occurring gas that forms in rocks, soil, and water.

10 / 100

A buyer of a home was not informed that his house was on a septic tank system. The buyer has the right to:

11 / 100

Even after an offer has been accepted and signed (by all parties), the buyer and seller may still choose to sign mutual release papers rather than proceed to closing. Which of the following circumstances would NOT give either party a justifiable reason to insist on a mutual release?

12 / 100

What is the difference between the market value of your home, and the amount you owe the lender who holds the mortgage?

13 / 100

A property's market value is $400,000. The assessment rate for the house is 25% with 22.75 mills and a $25,000 property tax deduction. Find the annual property taxes.

14 / 100

In order for a month-to-month tenancy to be legally valid which of the following MUST the contract include?

15 / 100

A legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset:

16 / 100

Under a lease for a commercial property, a tenant agrees to pay $3,000 per month plus 4% of the gross monthly sales. This type of lease is called a:

17 / 100

Antitrust laws prohibit competing brokers from all of the following except:

18 / 100

What specific formula would be used to estimate the value of a property using the income approach?

19 / 100

Which of the following fiduciary duties continues after a listing agreement expires?

20 / 100

What hazardous substance is an odorless, colorless gas that can cause death within hours of inhalation?

21 / 100

What is the key difference between a Less than Freehold Estate and a Freehold estate is

22 / 100

What is the highest form of real estate ownership that is recognized by law, in which the owner can enjoy the property to its fullest extent?

23 / 100

If a minor signs a contract to buy real estate, the resulting contract is legally what?

24 / 100

An offer to purchase real estate becomes a contract when it is signed by the

25 / 100

The period over which a property may be profitably utilized is called its:

26 / 100

A contract for the sale of real estate that does not state the consideration to be paid for the property and is not signed by the parties is considered what?

27 / 100

A contract agreed to and signed under duress is what?

28 / 100

Brokerages and real estate agents across America connect using a

29 / 100

Which of the following real estate contract clauses establishes order of priorities of financial claims (liens)?

30 / 100

What is a one-of-a-kind contract that is solely between the seller and the buyer. In this arrangement, the seller gives the buyer the option to purchase property at a given price for a set period?

31 / 100

A legal way to dissolve the relationship when the parties don't voluntarily agree to its termination is called

32 / 100

During the listing agreement a commission of 6% is established. The house is sold for $250,000. What is the commission?

33 / 100

Which of the following BEST describes a contract that is voidable?

34 / 100

Which of the following statements does NOT correctly describe a fiduciary?

35 / 100

A property owner wishes to build a neighborhood grocery store in an area zoned for residential use. Which of the following would MOST likely be used to obtain permission to build the store?

36 / 100

An individual owned three acres of land. When she sold one acre to her friend, she reserved for herself and family an appurtenant easement over the friend's land for ingress and egress. The friend's land is what?

37 / 100

The lender in a traditional mortgage loan transaction is known as what?

38 / 100

What best describes an agent hired to perform a specific duty?

39 / 100

Any loss in the value of a property over time from any cause.

40 / 100

Which of the following enforces all federal environmental rules and regulations?

41 / 100

An example of economic obsolescence in real estate is

42 / 100

Which answer includes 3 actual types of business structures? Choose the best answer.

43 / 100

Which of the following is a common example of real estate police power?

44 / 100

If a contract has prepayment penalties, they can be found in which real estate contract clause?

45 / 100

The cost of public services is distributed among real estate owners through what?

46 / 100

All of the following will void an offer except

47 / 100

Often required for mortgages, property insurance for a home is commonly called:

48 / 100

A salesperson working for Trinity Real Estate LLC has moved to Lotus Realty. What happens to the listings the salesperson took at Trinity Real Estate LLC?

49 / 100

A contract that legally binds two or more parties together, to specific obligations, that create a legally binding contract between the buyer and the seller.

50 / 100

What of the following is required by the Americans with Disabilities Act(ADA)?

51 / 100

Fees that the buyer pays to close the deal are called:

52 / 100

It is the _____ duty to explain the purchase agreement and to not mislead any parties.

53 / 100

Holding earnest money without depositing it, is what?

54 / 100

Three identical properties in a suburban neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which property would have sold for the lowest price?

55 / 100

Steve (a real estate agent of five years) was at his local coffee shop with some agents from other offices. The subject of commissions came up, and agents began to compare their commission rates. What should Steve do?

56 / 100

A property's market value is $350,000. The assessment rate for the house is 15% with 27.50 mills. Find the annual property taxes.

57 / 100

Earnest money should be deposited into a trust account:

58 / 100

During a standard residential transaction, verifying ingress and egress rights is an essential part of the:

59 / 100

Unlike apartments, which are leased by their tenants, condominium units are owned outright. A condominium is often shortened to

60 / 100

Who dictates trust accounts and when to deposit earnest money or other trust funds?

61 / 100

The deed that offers the grantee the most protection. With this type of deed, the grantor makes a series of legally binding promises (called covenants) and warranties to the grantee agreeing to protect the grantee against any prior claims and demands of all persons whomsoever in regards to the conveyed land.

62 / 100

In common law, a deed is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed. It is commonly associated with transferring title to property. Within deeds, covenants are:

63 / 100

CRV stands for Certificate of Reasonable Value and is issued by who?

64 / 100

What best describes an agency relationship where an agent has legal authority to act on behalf of the principal?

65 / 100

Find the annual GRM. A 9-unit building in Cleveland Ohio, with an asking price of $500,000 and gross annual rents of $75,000.

66 / 100

Which of the following laws prohibits discrimination in the buying, selling, renting or financing of housing. These laws prohibit discrimination based on race, religion, color, sex, disability, children, nationality and more.

67 / 100

Tony and Taylor are two unmarried individuals who own property with equal interests and a right to survivorship. Which of the following forms of ownership would Tony and Taylor most likely have?

68 / 100

Choose the best answer. A lawsuit for inverse condemnation may be brought by:

69 / 100

Which valuation method or appraisal approach involves comparing a property to other recently sold properties in the same area of similar size and condition?

70 / 100

A claim that has the appearance of having valid title, but in reality, the person either does not hold actual title, or there is a significant defect in the written documents supporting title, that makes it invalid. This an example of which legal concept:

71 / 100

A buyer gave a broker a written offer to purchase property, which contained a 14-day acceptance clause along with a $3,000 deposit. On the seventh day, before acceptance by the seller, the buyer notified the broker that they were withdrawing their offer and asked for the return of the $3,000 deposit. Which of the following statements are true?

72 / 100

One individual or married couple in business alone (The most common form of business structure):

73 / 100

Generally speaking, what is the most common type of contingency?

74 / 100

There are three different main approaches that appraisers use while they make an appraisal. What are they?

75 / 100

What is the document that defines the relationship between the broker and the seller?

76 / 100

What is Ginnie Mae’s primary responsibility?

77 / 100

Government power is the constitutional authority and inherent power of a state to adopt and enforce laws and regulations to promote and support the public health, safety, morals, and general welfare. Escheat is

78 / 100

The type of easement that is a right-of-way for a utility company's power lines is what?

79 / 100

A bilateral contract is one in which

80 / 100

Market value is

81 / 100

Mrs. Jane lives in a small residential neighborhood. 100-year-old trees surround her home, and her neighbor Mr. Joe claims the trees are on his property and is planning on cutting them down. Mrs. Jane tries to reason with Mr. Joe, but he refuses to listen. Mrs. Jane files a lawsuit that includes a court order for Mr. Joe to stop his actions until they can work something out. What type of court order is this?

82 / 100

Which of the following are the main participants in real estate markets?

83 / 100

To whom does an agent always owe their fiduciary responsibility?

84 / 100

The statute of frauds, applies to

85 / 100

While the economy is experiencing inflation, interest rates typically:

86 / 100

What is the difference between void and voidable contracts? Choose the best answer.

87 / 100

Is replacement cost and reproduction cost the same thing and if it is different, what is the difference?

88 / 100

When real estate agents alert the members of a neighborhood that it is "changing" and that they should sell their property. This is an example of what?

89 / 100

Typically a warranty deed contains how many covenants?

90 / 100

If a legal description is too long to include in the body of a sales contract, a real estate professional should do what?

91 / 100

Puffing is a term referring to

92 / 100

A contract may include a clause that limits the amount of money to which the seller is entitled in case the buyer breaches the contract. What is this called?

93 / 100

Which of the following is a private land-use control?

94 / 100

Which term refers to the packaging of a number of mortgage loans for sale in the secondary mortgage market by a financial institution or mortgage banker who originated the loans?

95 / 100

A mortgage loan that requires monthly payments of $400.00 for 15 years and a final payment of $20,000. Typically a loan structured like is called a

96 / 100

Which of the following best describes real property?

97 / 100

A property owner acquired the ownership of land that was deposited by a river running through his property by what?

98 / 100

Which of the following legal concepts requires real estate listings to be in writing?

99 / 100

The person who hires or appoints an agent is called the:

100 / 100

When talking about business and professional ethics, as a licensed real estate agent, it is important to make sure:

Your score is

Need state practice? Click on the buttons below for a free state real estate practice exam or pass your exams today by enrolling in one of our comprehensive courses.

Click on your state below to practice for your state exams!

Welcome to the National Real Estate Practice Exam

This free practice exam is here to help you master the national portion of the real estate exam. Our real estate practice exam pulls from a large pool of questions, so you can expect a different study experience each time you take it.

Don’t forget to read the explanations so you fully understand the question. At the very end of each exam, there is a recap of the questions you got right or wrong, which is also very helpful to look at.

We also have detailed state-specific practice exams located down below, along with an extensive math practice exam.

Keep scrolling for more! Have fun, study hard, and reach out if you have any questions,

Real Estate License Wizard Team


Real Estate Exam Practice Questions and Answers


State Specific Information and Practice Exams

StateState License instructionsExam ProviderState AuthorityPractice Exam
AlabamaAL License InstructionsPSIAlabama Real Estate Commission Official WebsiteAlabama Real Estate Practice Exam
AlaskaAK License InstructionsPearson VueAlaska Real Estate Commission Official Website
ArizonaAZ License InstructionsPearson VueArizona Real Estate Commission Official Website
ArkansasAR License InstructionsPearson VueArkansas Real Estate Commission Official WebsiteArkansas Real Estate Practice Exam
CaliforniaCA License InstructionsStateCalifornia Real Estate Commission Official WebsiteCalifornia Real Estate Practice Exam
ColoradoCO License InstructionsPSIColorado Real Estate Agency Official WebsiteColorado Real Estate Practice Exam
ConnecticutCT License InstructionsPSIConnecticut State Real Estate Official WebsiteConnecticut Real Estate Practice Exam
DelawareDE License InstructionsPearson VueDelaware Real Estate Commission Official WebsiteDelaware Real Estate Practice Exam
FloridaFL License InstructionsPearson VueFlorida Department of Real Estate Official WebsiteFlorida Real Estate Practice Exam
GeorgiaGA License InstructionsPSIGeorgia Real Estate Commission Official WebsiteGeorgia Real Estate Practice Exam
HawaiiHI License InstructionsPSIHawaii Real Estate Department Official WebsiteHawaii Real Estate Practice Exam
IdahoID License InstructionsPearson VueIdaho Real Estate Commission Official WebsiteIdaho Real Estate Practice Exam
IllinoisIL License InstructionsPSIIllinois Real Estate Division Official WebsiteIllinois Real Estate Practice Exam
IndianaIN License InstructionsPSIIndiana Real Estate Commission Official Website
IowaIA License InstructionsPSIIowa Real Estate Bureau Official WebsiteIowa Real Estate Practice Exam
KansasKS License InstructionsPearson VueKansas Real Estate Commission Official WebsiteKansas Real Estate Practice Exam
KentuckyKY License InstructionsPSIKentucky Real Estate Commission Official WebsiteKentucky Real Estate Practice Exam
LouisianaLA License InstructionsPSILouisiana Real Estate Commission Official Website
MaineME License InstructionsPearson VueMaine Real Estate Commission Official WebsiteMaine Real Estate Practice Exam
MarylandMD License InstructionsPSIMaryland Real Estate Commission Official WebsiteMaryland Real Estate Practice Exam
MassachusettsMA License InstructionsPSIMassachusetts ePLACE Portal Real Estate Official WebsiteMassachusetts Real Estate Practice Exam
MichiganMI License InstructionsPSIMichigan Real Estate Department Official WebsiteMichigan Real Estate Practice Exam
MinnesotaMN License InstructionsPearson VueMinnesota Real Estate License Department Official WebsiteMinnesota Real Estate Practice Exam
MississippiMS License InstructionsPSIMississippi Real Estate Commission Official WebsiteMississippi Real Estate Practice Exam
MissouriMO License InstructionsPSIMissouri Real Estate Commission Official WebsiteMissouri Real Estate Practice Exam
MontanaMT License InstructionsPSIMontana Real Estate Commission Official Website Montana Real Estate Practice Exam
NebraskaNE License InstructionsPearson VueNebraska Real Estate Commission Official WebsiteNebraska Real Estate Practice Exam
NevadaNV License InstructionsPSINevada Real Estate Commission Official WebsiteNevada Real Estate Practice Exam
New HampshireNH License InstructionsPSINew Hampshire Estate Commission Official WebsiteNew Hampshire Real Estate Practice Exam
New JerseyNJ License InstructionsPSINew Jersey Real Estate Commission Official WebsiteNew Jersey Real Estate Practice Exam
New MexicoNM License InstructionsPSINew Mexico Estate Commission Official WebsiteNew Mexico Real Estate Practice Exam
New YorkNY License InstructionsStateNew York Division of License Services Official WebsiteNew York Real Estate Practice Exam
North CarolinaNC License InstructionsPSINorth Carolina Real Estate Commission Official WebsiteNorth Carolina Real Estate Practice Exam
North DakotaND License InstructionsPSINorth Dakota Real Estate Commission Official Website
OhioOH License InstructionsStateOhio Department of Real Estate Official WebsiteOhio Real Estate Practice Exam
OklahomaOK License InstructionsPSIOklahoma Real Estate Commission Official Website
OregonOR License InstructionsPSIOregon Real Estate Commission Official WebsiteOregon Real Estate Practice Exam
PennsylvaniaPA License InstructionsPSIPennsylvania Real Estate Commission Official WebsitePennsylvania Real Estate Practice Exam
Rhode IslandRI License InstructionsPearson VueRhode Island Real Estate Commission Official WebsiteRhode Island Real Estate Practice Exam
South CarolinaSC License InstructionsPSISouth Carolina Real Estate Commission Official WebsiteSouth Carolina Real Estate Practice Exam
South DakotaSD License InstructionsPSISouth Dakota Real Estate Commission Official Website
TennesseeTN License InstructionsPSITennessee Department of Commerce and Real Estate Official WebsiteTennessee Real Estate Practice Exam
TexasTX License InstructionsPearson VueTexas Real Estate Commission Official WebsiteTexas Real Estate Practice Exam
UtahUT License InstructionsPearson VueUtah Division of Real Estate Official WebsiteUtah Real Estate Practice Exam
VermontVT License InstructionsPSIVermont Real Estate Official Website
VirginiaVA License InstructionsPSIVirginia Real Estate Board Official WebsiteVirginia Real Estate Practice Exam
WashingtonWA License InstructionsPSIWashington Real Estate License Department Official Website
West VirginiaWV License InstructionsPSIWest Virginia Real Estate Commission Official WebsiteWest Virginia Real Estate Practice Exam
WisconsinWI License InstructionsPearson VueWisconsin Department Professional Services and Real Estate Official Website
WyomingWY License InstructionsPSIWyoming Real Estate Commission Official Website

Real Estate Exam FAQ’s

If you are new to all of this, don’t worry, we gotcha covered. The real estate exam can be scary at first, but you can conquer the real estate exam with the right study materials. Have a question about the real estate exam? Find the answers to all your real estate license questions here:

What Is on the Real Estate Exam?

The real estate license exam is divided into two parts: the national and your specific state portions.

The real estate exam is mainly multiple-choice and is a mix of problem-solving, math, and vocabulary. By far, the most substantial chunk of the real estate license exam is the vocabulary.

The key concepts and words you have to study are essential for obtaining your real estate license, so you must learn and become familiarized with them. Here are what topics you are expected to know:

Property Ownership

Land Use Controls and Regulations

Property Disclosures

  • Property condition
  • Property disclosures
  • Environmental issues requiring disclosure
  • Government disclosure requirements (LEAD)
  • Material facts and defect disclosure

General Principles of Agency

Financing

  • Basic concepts and terminology
  • Types of loans and real estate transactions
  • Financing and lending
  • Lending process application through closing
  • Financing and credit laws and rules
  • Down payment vs monthly payment
  • RESPA, Equal Credit Opportunity, and Truth in Lending Act
  • Underwriting

Leasing and Property Management

  • Basic concepts/duties of property management
  • Lease agreements
  • Types of leases
  • Landlord and tenant rights and obligations
  • Property manager’s fiduciary responsibilities
  • ADA and Fair Housing compliance in property management

Contracts

Transfer of Title

Practice of Real Estate

Real Estate Calculations

  • Basic math concepts
  • Calculations for transactions
  • Calculations for valuation, rate of return

Is There Math on the Real Estate Exam?

It depends. For a full explanation, check out this video on real estate math:


How to Become a Real Estate Agent in Your State

Real estate license requirements vary from state to state. Here are the general real estate license requirements that apply to all:

  • All states require a high school diploma or G.E.D equivalent.
  • All states require U.S citizenship and proof of state-specific residency.
  • All states require up to date forms of government-approved I.D (driver’s license, U.S. Passport, birth certificate). Anything expired will NOT be accepted at the test-taking site.
  • Many states require a background check or submission of fingerprints. Normally if a background check is required so is the submission of fingerprints although they are usually handled at the same time and do not require additional steps.
  • Some but not all states require proof of errors and omissions insurance.
  • Must complete required state approved pre-licensing courses.
  • Must pass state administered real estate exam.
  • Must pay state mandated real estate agent fees.

For specifics look at our full guide on Real Estate License Requirements by State.

More Exam FAQs

How Hard is the Real Estate Exam?

The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. 

Passing the real estate exam takes more than completing any pre-licensing course. It takes massive preparation. The good news is that there are a lot of tools out there to help with passing the real estate exam.

How Many Questions Are on the Real Estate Exam?

The number of questions on the real estate exam depends on which state you are taking the exam in.

Usually, the exam varies between 80-100 national questions and 30-50 state-specific ones, but each state is different. You’ll need a 60-75% or better, depending on your state.

How Many Questions Can You Miss on the Real Estate Exam?

You can miss 15 to 30% percent of the questions in most states and still pass the exam. Again, it varies per state, so check out our state requirements page for more detailed information.

How Long is the Real Estate Exam?

The length of the real estate exam varies from about 1.5 hours to 3.5 hours again, based on the state you’re in. 

Who Administers the Real Estate Exam?

Real estate exams are administered at hundreds of locations across the United States, depending on where you live. Likely, your real estate exam will be issued by one of the following two nationwide testing organizations:

  • PSI Online or AMP
  • Pearson Vue

You can schedule your test at one of the appropriate testing centers once you have completed your state-mandated pre-licensing and are qualified to take the exam. 


More Free Real Estate Exam Resources

Below we put together a complete list of extra free study resources in hopes that you can pass your real estate exam the first time. If you know of any additional free resources that we can add to this list, please email us and let us know.

Real Estate Exam Study Groups

Have you ever heard of Reddit? It’s essentially a massive collection of forums where people can share news, content, and a bunch of other stuff. Well, there is a subreddit or particular section of Reddit dedicated to the real estate exam.

Click the link here or head to Reddit and search for the real estate exam to find the forum. The subreddit or forum should show up. Once you’re there, you can post any exam-related question you may have or answer other people’s questions too. As of writing this, it looks like they have over 2,100 members!

If you’re not into Reddit, we also have our own study group located on Facebook. You can check that out right here.

We highly encourage you to join these groups and talk to other test takers. Remember, we’re all in this together. The best way to pass is to use all the resources available to you. Sometimes people forget there are hundreds of others in the same boat. Never feel alone!

We have almost everything real estate related, and yes, that includes real estate exam prep videos. Here is a quick list we put together of some of our top real estate exam prep videos and playlists:

Real Estate Exam Prep Videos

In this playlist, study specific real estate concepts you need to know for the real estate exam. Learn about property rights, contract clauses, government powers, agency relationships, and so much more.

One of the most essential parts of the real estate exam is vocabulary. Watch these videos to review critical real estate terms that will appear on the real estate exam. This playlist covers 255 real estate vocab terms.

Want to practice real estate exam questions every day; this is the perfect playlist for you. Time this up with when your exam is scheduled, and practice an exam question every day.

Crash courses are a fantastic way to study for the real estate exam. Some include real estate practice exams and interactive real estate exam prep. If that sounds good, check out these crash courses:


Want Real Estate Exam Prep?

Between our real estate prep course, real estate practice exams, and video lessons – there is no better way to prepare for your real estate exam.

We’ve seen our students get results time and time again so we’re proud to stand behind our content. Your satisfaction is important to us, which is why we offer a no questions asked 30-day money back guarantee.

We’ve helped thousands of people pass the real estate exam and get their real estate license. Ready to get started?

Real Estate License Wizard