Medium National Real Estate Exam Practice Questions

304 free medium-difficulty National Real Estate Exam questions, drawn live from KomFi's calibrated bank. The exam backbone: the difficulty band where most scoring happens.

1. If a broker's trust account contains earnest money for ten different transactions, and the broker uses funds f
2. If a broker acts as a transaction coordinator (facilitator) and does not represent either the buyer or the sel
3. If a seller instructs an agent to hide a known material defect in the property, the agent must refuse based on
4. In which type of agency creation does the principal's silence or failure to object play a key role in protecti
5. Under traditional sub-agency, to whom does the second broker owe fiduciary duties?
6. What is the legal status of the agency relationship?
7. What is the effect on the broker's active listings?
8. A broker is representing a seller. A neighboring property is rezoned to allow for a noisy industrial plant. Th
9. A buyer's agent is aware that their client has a maximum budget of $450,000 but the agent manages to negotiate
10. What is the agent's fiduciary obligation?
11. What must the agent be careful to avoid?
12. A dual agent is working with a seller who is in a rush to re… — What must the agent do with this information?
13. An 'agency coupled with an interest' is a rare situation where the agent has a financial stake in the property
14. An agent who works for a buyer without a written contract, but behaves in a manner that leads the buyer to bel
15. A real estate salesperson is working with a buyer who has no… — To whom does the salesperson owe the duty of l
16. If a broker's client dies while a listing agreement is still in effect, what is the status of the agency relat
17. In a consensual dual agency, which piece of information is the agent strictly prohibited from disclosing to th
18. In a situation where an agency was created by 'Ratification', the relationship formally began:
19. A broker lists a property for a client. A week later, the broker's daughter-in-law makes an offer on the prope
20. Which duty has been violated?
21. An agent has a listing for a property that is priced very competitively. He decides to delay entering the list
22. An agent is representing a developer who is purchasing several adjacent lots for a new project. The agent disc
23. A licensee is acting as a dual agent in a transaction. Which of the following pieces of information MUST the a
24. A buyer's agent learns through a friend that the seller is d… — What should the agent do with this information
25. A listing agreement is for a house that is later seized through a drug forfeiture action by the government. Th
26. What is the status of the agency relationship?
27. If the salesperson dies, what happens to the agency relationships with the sellers?
28. If a brokerage firm is a corporation and the president of the corporation dies, does a listing agreement with
29. If an agent is 'coupled with an interest,' can the principal still sell the property through a different broke
30. If a principal attempts to unilaterally terminate an agency coupled with an interest, what is the legal result

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