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Reciprocal Salesperson Exam — Information & Free Practice

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Reciprocal Salesperson Exam

Provider
Pearson VUE
Format
Written state-law examination; reciprocal delivery is the state portion alone. Ordinary delivery includes the national/general portion and uses an overall score.
Exam questions
40 scored state items plus 5–10 unscored pretest items
Time limit
1 hour for the reciprocal salesperson/state portion
Passing score
70 on the reciprocal salesperson examination; the ordinary salesperson examination uses an overall scaled score of 70
Examination outline
  • I. Purpose of License Law/Rules and Regulation and Role of Commission
  • II. Licensing Requirements
    • Activities which require a license
    • Cobrokering
    • Qualifications for a license
    • Renewal of a license
    • Continuing education
    • Post-license education
    • Temporary and original Salesperson licenses
  • III. License Status
    • Transferring a license
    • Inactive status
    • Reactivation of a license
  • IV. Broker Licenses, Company Licenses, and Place of Business
    • Issuance of company and branch office licenses
    • Issuance of broker licenses
    • Who may serve as qualifying broker
    • Responsibilities of qualifying broker
    • Termination of qualifying broker status
    • Serving as qualifying broker for more than one company
    • Temporary qualifying broker
    • Associate broker status
    • Operating from home
  • V. Recovery Fund
    • Payment into fund
    • Payment from fund
  • VI. Disciplinary Actions and Process
    • Complaints
    • Hearings
    • Disciplinary actions
    • Rehearing
    • Appeals
  • VII. Estimated Closing Statement
  • VIII. Trust Funds
  • IX. RECAD
  • X. Violations Which May Result in Disciplinary Actions
    • Misrepresentation and dishonest dealings
    • Inducing a party to break a contract
    • Advertising
    • Listing agreements
    • Failure to give proper disclosure
    • Keeping appropriate records
    • Rebates
    • Paying or receiving commissions from unlicensed persons
    • Failure to inform Commission of suit/judgment/other disposition
    • Lotteries
    • Handling of documents
    • Violation of rule or order of Commission
    • Offers
Examination sources