Free RI Sales - State Part Practice Questions
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Sample Practice Questions
Try these 10 sample questions from the RI Sales - State Part practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.
1After DBR receives a written complaint alleging conduct that could justify license discipline, what must the director do before deciding whether to hold a suspension or revocation hearing?
- A. Attempt conference, persuasion, and conciliation
- B. Ascertain the facts
- C. Transmit the matter to the general treasurer
- D. Issue a compliance order to the property owner
2For compensation, an unlicensed person repeatedly negotiates apartment leases for several owners. Under Rhode Island law, which license is required for that brokerage activity?
- A. A real estate broker or salesperson license
- B. A real estate appraiser license
- C. A property tax assessor certificate
- D. A land surveyor registration
3A salesperson creates an internet advertisement for a listing. How must the brokerage name appear in relation to the salesperson's name?
- A. Larger and in close proximity
- B. In the same size as the street address
- C. Only on the site's home page
- D. Only after the viewer requests contact information
4A salesperson prepared a comparative market analysis for a seller, then became a dual facilitator in the transaction. When may the salesperson give that analysis to the buyer?
- A. Only with the seller's prior consent
- B. Whenever the buyer requests it
- C. Only after the purchase agreement is signed
- D. Whenever the principal broker keeps a copy
5A licensee asks who may levy an administrative penalty for a violation of Rhode Island's real-estate licensing chapter. Which official has that authority?
- A. The director of DBR
- B. The attorney general
- C. The municipal recorder
- D. The secretary of state
6A homeowner personally offers her own Rhode Island house for sale without acting for anyone else. Which licensing rule applies?
- A. She is exempt while acting with reference to her own property
- B. She must obtain a salesperson license before advertising
- C. She must affiliate with a principal broker before negotiating
- D. She must obtain an appraiser credential before setting a price
7A licensee posts a residential property advertisement. Which location information must the advertisement include?
- A. The municipality where the property is located
- B. The property's census tract
- C. The county assessor's parcel number
- D. The nearest fire district
8A seller transmits an expert's disclosure information with ordinary care, but the report contains an error outside the seller's and agent's personal knowledge. What protection may apply?
- A. Neither seller nor agent is liable for that error under the statutory safe harbor
- B. The seller or agent is subject to the disclosure chapter's civil penalty
- C. The purchaser may void the agreement under an inspection-result rule
- D. The purchaser may recover ten percent of the sales price
10A Rhode Island salesperson leaves one brokerage and affiliates with another. What must occur with the new principal broker?
- A. The new principal broker must sign and submit the transfer form
- B. The new principal broker must send the former brokerage's disaffiliation notice
- C. The new principal broker must file the salesperson's annual insurance certificate
- D. The new principal broker must deliver the former brokerage's records on demand
Topics in this practice bank
These topics describe the available practice for RI Sales - State Part. Review the examination outline and its sources for scope and allocation details.
I. Duties and Obligations Under Licensing Law
- A. Powers and authority of the Department of Business Regulation
- B. Rhode Island Real Estate Commission
II. Licensing Requirements
- A. Activities requiring a license
- B. Status of license — 1. Transfer, renewal, lapsed
- B. Status of license — 2. Continuing Education
- C. Eligibility for licensing — 1. Real Estate Recovery Account
- C. Eligibility for licensing — 2. Errors and omissions insurance
- C. Eligibility for licensing — 3. Other Requirements
III. Statutory Requirements Governing the Activities of Licensees
- A. Advertising
- B. Broker/salesperson relationship
- C. Commissions
- D. Disclosure — 1. Conflict of interest
- D. Disclosure — 2. Material disclosure
- E. Handling of documents
- F. Handling of monies
- G. Listings and purchase and sales agreements
- H. Unfair inducements
- I. Unauthorized practice of law
- J. General obligations of licensees
IV. Additional Topics
- A. Fair Housing Practice Act RIGL 34-37-1
- B. Landlord-Tenant Law RIGL 34-18-1
- C. Agricultural Functions of Department of Environmental Management RIGL 2-1-5 to 2-1-27
- D. Fire Safety Code – General Provisions RIGL 23-28.1
- E. Onsite Wastewater Treatment System (OWTS) RIGL 5-20.8-2
- F. Cesspool Act RIGL 23-19.15
- G. Sale of Real Property by Non-residents-Withholding Requirements RIGL 44-30-71.3
- H. Lead Disclosure 216-RICR-50-15-3
- I. Real Estate Sales Disclosure RIGL 5-20.8
- J. Condominium Sales RIGL 34-36-1.1
- K. Relationships in Residential Real Estate Transactions RIGL 5-20.6
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These are independent study questions, not actual examination items. For examination requirements and official information, view RI Sales - State Part details.