Missouri State Exam Questions with Correct Answers
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Course
Missouri 2024/2025
Institution
Missouri 2024/2025
Missouri State Exam Questions with Correct
Answers
An Individual who has been on inactive status for nine months applies to the Missouri real estate
commission to transfer to active status he supplies evidence of successful completion of - Ans:-No
because the individual must successfully comple...
Missouri taxes on a property are $625 per year from January 1 to January 31. The Property is sold and
closes on October 31. If the taxes for the current year are prorated at closing, the closing statement will
show a... - Ans:✔✔-Credit to the buyer of $520.83 an debit to the seller of $520.83
A broker changed the location of his real estate office, within how many days of the move must the
Broker notify the Missouri real estate commission - Ans:✔✔-10 days
A Missouri real estate licensee negotiates the sale of a house intended for his fiancée and himself. He
properly identifies himself to the seller as a licensee, but does not tell the seller that he is getting
married to the buyer. Do the licensee's actions violate the Missouri license law? - Ans:✔✔-Yes, because
the licensee did not disclose his future interest in the property to the seller.
Which of the following statements by a licensee could cause a Missouri real estate commission to file a
complaint against the licensee - Ans:✔✔-You will be able to sell this house at a good profit
While conducting an investigation into the practice of a Licensee. The Missouri real estate commission
may - Ans:✔✔-Subpoena the licensee records and papers that have bearings to the complaint
Is the listing licensee in violation of the rules & regulations if she fails to deliver a copy of a sales contract
to the seller after the buyer has accepted the sellers counter-offer? - Ans:✔✔-Yes, as a fiduciary agent to
the seller, the licensee's required to provide a copy to the seller and may provide a copy to the buyer as
a courtesy.
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