Free RI Broker - State Part Practice Questions

Sample Practice Questions

Try these 10 sample questions from the RI Broker - State Part practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.

1. 1Who is authorized by Rhode Island law to require a broker applicant to pass the licensing examination?

   1. A. The Director of the Department of Business Regulation
   2. B. The Secretary of State
   3. C. The local tax assessor
   4. D. The Attorney General alone

   Answer: A

   Explanation: Section 5-20.5-4(a) states, “The director shall require” the applicant to submit to and pass the written examination.

   Reference: Title 5 Businesses and Professions — R.I. Gen. Laws § 5-20.5-4(a)

2. 2A person regularly manages another owner’s Rhode Island rental property for compensation. What license is generally required?

   1. A. A real estate broker license
   2. B. Only a salesperson license with no broker affiliation
   3. C. A property-tax appraiser certificate
   4. D. No license if rent is collected monthly

   Answer: A

   Explanation: The controlling text states “are required to be licensed as a real estate broker.” Regulation § 2.12 requires persons performing property-management acts for another in the regular course of business to be licensed as real estate brokers.

   Reference: Real Estate Brokers and Salespersons - Rhode Island Department of State — 230-RICR-30-20-2 § 2.12

3. 3A team advertises a listing in Rhode Island. Which name must appear more prominently than the team name?

   1. A. The closing attorney’s name
   2. B. The brokerage or principal broker’s name
   3. C. The local municipality’s name
   4. D. The listing photographer’s name

   Answer: B

   Explanation: The controlling text states “larger and more prominent.” Regulation § 2.25 requires the brokerage or principal broker name and requires the brokerage name to be displayed in a larger or more prominent manner than the team name.

   Reference: Real Estate Brokers and Salespersons - Rhode Island Department of State — 230-RICR-30-20-2 § 2.25

4. 4A landlord rejects an otherwise qualified applicant solely because the applicant uses a lawful housing subsidy. Which Rhode Island protection is implicated?

   1. A. Lawful source of income
   2. B. Chain of title
   3. C. Trade-fixture status
   4. D. Mortgage priority

   Answer: A

   Explanation: The controlling text states “lawful source of income.” Rhode Island’s Fair Housing Practices Act protects lawful source of income in housing; § 34-37-4 bars discriminatory housing practices on that basis.

   Reference: Title 34 Property — R.I. Gen. Laws § 34-37-4

5. 5Who bears regulatory responsibility for an affiliated licensee’s compliance with Rhode Island real-estate licensing law?

   1. A. The principal broker
   2. B. The buyer’s lender
   3. C. The municipal zoning board
   4. D. The title insurer

   Answer: A

   Explanation: The controlling text states “The principal broker shall be responsible for the compliance of his or her affiliated licensees.” Regulation § 2.4(B) makes the principal broker responsible for affiliated licensees’ compliance with Rhode Island licensing law and the regulation.

   Reference: Real Estate Brokers and Salespersons - Rhode Island Department of State — 230-RICR-30-20-2 § 2.4(B)

6. 6For a violation of the real-estate licensing statute or DBR rules, what is the maximum administrative penalty the DBR director may levy per violation?

   1. A. $500
   2. B. $1,000
   3. C. $2,000
   4. D. $5,000

   Answer: C

   Explanation: Section 5-20.5-14(b) authorizes “an administrative penalty not exceeding two thousand dollars ($2,000)” for a violation.

   Reference: Title 5 Businesses and Professions — R.I. Gen. Laws § 5-20.5-14(b)

7. 7Which activity is included in Rhode Island’s statutory definition of a real estate broker when performed for compensation?

   1. A. Preparing an opinion of value for compensation
   2. B. Performing a municipal mass appraisal as a public officer
   3. C. Managing real estate owned by the person
   4. D. Acting as a court-appointed receiver

   Answer: A

   Explanation: The controlling text states “prepares an opinion of value.” Section 5-20.5-1 includes preparing or providing broker price opinions for compensation within the broker definition.

   Reference: Title 5 Businesses and Professions — R.I. Gen. Laws § 5-20.5-1, definition of real estate broker

8. 8Which proposed Rhode Island team name violates the regulation governing real-estate advertising?

   1. A. Harbor Team
   2. B. Ocean Group
   3. C. Bayview Realty
   4. D. Capital Team

   Answer: C

   Explanation: Regulation § 2.25 bars a team name from using “Realty,” while it permits a name containing “Team” or “Group.”

   Reference: Real Estate Brokers and Salespersons - Rhode Island Department of State — 230-RICR-30-20-2 § 2.25, team names

9. 9What owner-occupied property falls within Rhode Island’s express lawful-source-of-income rental exception?

   1. A. Three units or fewer, with one owner-occupied unit
   2. B. Four units or fewer, with one owner-occupied unit
   3. C. Three units or fewer, with one manager-occupied unit
   4. D. Two units or fewer, without an occupancy condition

   Answer: A

   Explanation: Section 34-37-4.6 permits the exception where the housing accommodation has “three (3) units or less, one of which is occupied by the owner.”

   Reference: Title 34 Property — R.I. Gen. Laws § 34-37-4.6

10. 10For which affiliated-licensee transactions must the principal broker act in a supervisory capacity?

    1. A. Only commercial sales
    2. B. Only transactions involving escrow
    3. C. Every real-estate transaction in which an affiliated licensee participates
    4. D. Only transactions the broker personally negotiates

    Answer: C

    Explanation: Regulation § 2.4(A) says the principal broker “shall act in a supervisory capacity for every real estate transaction” involving an affiliated licensee.

    Reference: Real Estate Brokers and Salespersons - Rhode Island Department of State — 230-RICR-30-20-2 § 2.4(A)