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Broker State Portion

Provider
PSI Services LLC
Format
Computer-delivered written examination
Exam questions
75 scored items
Time limit
120 minutes
Passing score
75%
Examination outline
  • Licenses (7 items)
    • Applications for License
    • Qualification for, Expiration, and Renewal
    • Fictitious Name
    • Individual License; Business Name
    • Broker-Salesperson
    • Salesperson License
    • Partnership, Association or Corporate License
  • Educational Requirements (2 items)
    • Continuing Education Requirements
  • Business Conduct and Practices (40 items)
    • Improper Use of License and Office
    • Branch Office
    • Sales Manager
    • Clerical Personnel; Personal/Professional Assistants
    • Display of License
    • Advertising
    • Franchises; Trade Name; Insignia
    • Listings
    • Offers
    • Licensee’s Interest in Transactions; Relationship with Parties
    • Escrow and Trust Accounts
    • Earnest Money; Disputes
    • Standard Forms
    • Closings and Closing Statements
    • Retention of Records
    • Commissions (must be licensee)
    • Property Management
    • Closing an Office
    • Minimum Services
  • Disciplinary Proceedings (8 items)
    • Complaints
    • Investigation
    • Violations
    • Action by the Commission
    • Action by the Administrative Hearing Commission
    • Penalty for Violating or Practicing without a License
  • Listing, Offer, and Closing Contract Forms and Costs (12 items)
  • Brokerage Relationships (6 items)
    • Disclosure of Agency
    • Types of Brokerage Relationships Permitted
    • Agency Duties and Responsibilities
    • Dual Agency
Examination sources

Related license preparation

This examination may be required or accepted as an alternative, depending on the license and application pathway.