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Wyoming Real Estate Salesperson Licensing Examination — State Portion — Information & Free Practice

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Wyoming Real Estate Salesperson Licensing Examination — State Portion

Provider
Pearson VUE
Format
Written real estate licensing examination, state portion
Exam questions
40 scored items plus 5–10 unscored pretest items
Time limit
1.5 hours
Passing score
Scaled score of 75
Exam fee
$80 at a test center; $90 OnVUE
Examination outline
  • I. The Real Estate Licensing Agency’s Powers (Sales & Broker 2-5 Items)
    • A. Investigations, Hearings and Appeals
    • B. Sanctions — 1. Disciplinary Actions — Revocation, Suspension, etc.
    • B. Sanctions — 2. Penalties
    • C. Examination of Records
  • II. Licensing (Sales 7-9 Items; Broker 4-6 Items)
    • A. Requirements for Licensure
    • B. Activities Requiring a License
    • C. License Renewal
    • D. Continuing Education
    • E. Change in License — 1. Change in Information
    • E. Change in License — 2. Change in Status — a. Inactive vs Active
    • E. Change in License — 2. Change in Status — b. Cancellation
  • III. Requirements Governing the Activities of Licensees (Sales 15-17 Items; Broker 14-16 Items)
    • A. Advertising
    • B. Broker/Salesperson Relationship — 1. Changes in Broker Affiliation — a. Transfers
    • B. Broker/Salesperson Relationship — 1. Changes in Broker Affiliation — b. Terminations
    • B. Broker/Salesperson Relationship — 2. Designated licensees
    • C. Compensation
    • D. Disclosure — 1. Conflict of Interest
    • D. Disclosure — 2. Property Disclosure
    • D. Disclosure — 3. Agency Disclosure
    • E. Duties Owed by a Licensee — 1. Agent
    • E. Duties Owed by a Licensee — 2. Intermediary
    • E. Duties Owed by a Licensee — 3. Customer
    • F. Handling of Documents
    • G. Handling of Monies
    • H. Listings
    • I. Errors and Omission Insurance
    • J. Grounds for Disciplinary Action
  • IV. Additional Topics (Sales & Broker 11-13 Items)
    • A. Real Estate Recovery and Education Fund
    • B. Land Description
    • C. Landlord/Tenant Relationship
    • D. Foreclosure and Redemption
    • E. Statute of Frauds
    • F. Broker’s Price Opinion (BPOs)
Examination sources