A bank or credit union is outside the license law when it is doing what?Revised Statutes of Missouri section 339.010
A developer is outside the license law when selling what?Revised Statutes of Missouri section 339.010
A neighborhood association gives prospective purchasers the asking prices and contact information for nearby properties. The exemption in section 339.010 holds when it does soRevised Statutes of Missouri section 339.010
A real estate broker-salesperson may not also operate as what?Revised Statutes of Missouri section 339.010
A salesperson is compensated solely by commission. In what capacity may that salesperson be associated with a broker, under section 339.010?Revised Statutes of Missouri section 339.010
All members of the commission except the public member must have had how much experience as a real estate broker before appointment?Revised Statutes of Missouri section 339.120
An unlicensed employee is retained to manage rental property. Which of these may the employee do under section 339.010?Revised Statutes of Missouri section 339.010
An unlicensed property-management employee receives a rental payment. To whom must it be made payable?Revised Statutes of Missouri section 339.010
Show all 146 questions (138 more)
License law, continued
Besides a transfer of title, what makes real estate "sold" under section 339.010?Revised Statutes of Missouri section 339.010
By whom are Missouri's seven real estate commissioners chosen?Revised Statutes of Missouri section 339.120
From whom must a license first be procured before a person acts as a real estate salesperson in Missouri?Revised Statutes of Missouri section 339.020
How long is the term of a member of the Missouri Real Estate Commission?Revised Statutes of Missouri section 339.120
How many persons make up the Missouri Real Estate Commission?Revised Statutes of Missouri section 339.120
In section 339.010's definition of a broker, what must the acts be done in return for?Revised Statutes of Missouri section 339.010
In sections 339.010 to 339.180, which body does "commission" mean?Revised Statutes of Missouri section 339.010
"Real estate" in section 339.010 includes leaseholds and other interests in land. Where must the real estate be situated?Revised Statutes of Missouri section 339.010
What does "correspondence" exclude under section 339.010?Revised Statutes of Missouri section 339.010
What is the most a commission member may be paid for each day devoted to the affairs of the commission?Revised Statutes of Missouri section 339.120
What length of Missouri residency does section 339.120 require of a commission member before appointment?Revised Statutes of Missouri section 339.120
What license does a real estate broker-salesperson hold under section 339.010?Revised Statutes of Missouri section 339.010
When is an auctioneer outside the license law under section 339.010?Revised Statutes of Missouri section 339.010
Which act is on section 339.010's list of what a real estate broker does?Revised Statutes of Missouri section 339.010
Which of these is outside the license law under section 339.010?Revised Statutes of Missouri section 339.010
Who may remove a member of the Missouri Real Estate Commission for cause?Revised Statutes of Missouri section 339.120
Getting a license 17
A broker application carries a certificate that the applicant was actively engaged as a licensed salesperson for how long immediately before applying?Revised Statutes of Missouri section 339.040
A licensed broker dies and the firm's affairs cannot be carried on. For what sole purpose may the commission issue a temporary broker license to the legal representative?Revised Statutes of Missouri section 339.040
A licensee fails to pay a civil penalty. What does section 339.205 make of that failure?Revised Statutes of Missouri section 339.205
The commission issues a temporary work permit pending final review of a license. What may the commission do with the permit?Revised Statutes of Missouri section 339.040
The commission's rules may license a nonresident without examination on what condition?Revised Statutes of Missouri section 339.090
How many hours of approved real estate instruction must an active licensee be able to show on the commission's request?Revised Statutes of Missouri section 339.040
How old must an applicant for a Missouri broker or salesperson license be?Revised Statutes of Missouri section 339.040
Must a business entity that only receives a licensee's compensation under section 339.150 be licensed?Revised Statutes of Missouri section 339.150
On what terms is the temporary broker license issued to a deceased broker's legal representative?Revised Statutes of Missouri section 339.040
The prescribed salesperson curriculum must have been successfully completed within how long before the date of application?Revised Statutes of Missouri section 339.040
Section 339.040 asks that a broker-salesperson application carry evidence of what?Revised Statutes of Missouri section 339.040
The twelve hours of approved instruction in section 339.040 must have been completed during what period?Revised Statutes of Missouri section 339.040
What may the commission do with the education requirement when an applicant shows other educational background or experience it accepts?Revised Statutes of Missouri section 339.040
What must an applicant prove to the commission's satisfaction under section 339.040?Revised Statutes of Missouri section 339.040
What must the commission's rules on nonresident licensure require of the nonresident?Revised Statutes of Missouri section 339.090
Which examination must every applicant for a broker license have satisfactorily completed?Revised Statutes of Missouri section 339.040
Who issues the certificate that an applicant completed the prescribed curriculum?Revised Statutes of Missouri section 339.040
Brokers and compensation 19
A broker knowingly used an unlicensed person for services that need a license and now refuses to pay. For what is the broker liable to that person?Revised Statutes of Missouri section 339.150
A designated broker with a limited agency agreement may appoint affiliated licensees in writing as what?Revised Statutes of Missouri section 339.820
A licensee owns a compensation entity together with a spouse who is also licensed. What does section 339.150 require?Revised Statutes of Missouri section 339.150
A salesperson represents a broker other than the one with whom the salesperson is associated. Section 339.100 makes that a ground for a complaint when done without what?Revised Statutes of Missouri section 339.100
A written complaint involves an affiliated licensee. To whom may the commission forward a copy of the information received?Revised Statutes of Missouri section 339.100
The commission receives a notice of delinquent taxes about a salesperson. To whom must it immediately send a copy?Revised Statutes of Missouri section 339.845
Does appointing designated agents make the designated broker a dual agent?Revised Statutes of Missouri section 339.820
For a commercial real estate transaction, a broker engages a person regularly in the brokerage business outside Missouri. Whom must that person have appointed as agent for service of process?Revised Statutes of Missouri section 339.150
From whom may a salesperson accept a commission for licensed acts without giving a ground for a complaint?Revised Statutes of Missouri section 339.100
Money is paid to a broker in a sales transaction as part of the commission. Absent a written agreement of all parties, when is the broker entitled to it?Revised Statutes of Missouri section 339.105
To what may a broker pay a licensee's compensation directly under section 339.150?Revised Statutes of Missouri section 339.150
Under section 339.800, payment from more than one party to a designated broker is allowed on what condition?Revised Statutes of Missouri section 339.800
What does payment of compensation by itself establish between the payer and the designated broker?Revised Statutes of Missouri section 339.800
What must a person allege and prove to maintain a court action for real estate compensation in Missouri?Revised Statutes of Missouri section 339.160
What must every designated broker who has affiliated licensees adopt under section 339.760?Revised Statutes of Missouri section 339.760
What must every real estate broker partnership, corporation or limited liability company appoint?Revised Statutes of Missouri section 339.710
When is a buyer obligated to pay compensation to a designated broker under section 339.720?Revised Statutes of Missouri section 339.720
Which person without a Missouri license may share in a licensee's commission under section 339.150?Revised Statutes of Missouri section 339.150
Who enters into written agreements for brokerage services under section 339.780?Revised Statutes of Missouri section 339.780
Escrow accounts 13
A broker changes the financial institution that holds the escrow account. Within how long must the commission be notified?Revised Statutes of Missouri section 339.105
A broker does not intend to maintain an escrow account. What does section 339.105 require?Revised Statutes of Missouri section 339.105
Disputed escrow money must be delivered to the state treasurer within how long of the initial projected closing date?Revised Statutes of Missouri section 339.105
For what purpose may a broker keep personal funds in the escrow account?Revised Statutes of Missouri section 339.105
Funds belonging to others must be deposited promptly unless what?Revised Statutes of Missouri section 339.105
How much of the broker's personal funds may be kept in the escrow account?Revised Statutes of Missouri section 339.105
How must the bank account that holds funds belonging to another be designated?Revised Statutes of Missouri section 339.105
In a suit to enjoin a violation of section 339.105, what need the commission not prove?Revised Statutes of Missouri section 339.105
The parties to a sale dispute who owns the escrow money. To whom must the broker report and deliver it?Revised Statutes of Missouri section 339.105
Through whom may the commission bring suit to enjoin a violation of the escrow account section?Revised Statutes of Missouri section 339.105
Under section 339.100, money belonging to others must be kept in a special account that is separate and apart from what?Revised Statutes of Missouri section 339.100
What written authorization must a broker file for each escrow or trust account?Revised Statutes of Missouri section 339.105
When must a broker's escrow account records be available to the commission for inspection?Revised Statutes of Missouri section 339.105
Brokerage relationships 47
A buyer has already entered into a written agreement for services with a designated broker. What follows for other licensees under section 339.770?Revised Statutes of Missouri section 339.770
A buyer's agent shows a property the client wants to another prospective buyer. Under section 339.740 that isRevised Statutes of Missouri section 339.740
A client does not consent to a conversion to transaction brokerage. What may the licensee do under section 339.755?Revised Statutes of Missouri section 339.755
A designated broker intends to act as a transaction broker and expects compensation from the party assisted. What does section 339.780 require?Revised Statutes of Missouri section 339.780
A dual agent represents both the seller and the buyer. With what, under section 339.710?Revised Statutes of Missouri section 339.710
A listed property is already under a contract for sale and a new written offer arrives. What does section 339.730 require of the seller's agent?Revised Statutes of Missouri section 339.730
A seller agrees that other designated brokers may be retained and compensated as subagents. In what form must the seller agree?Revised Statutes of Missouri section 339.730
A transaction broker cooperates with other brokers. What does that cooperation establish?Revised Statutes of Missouri section 339.755
A transaction broker must perform the terms of which agreements made with a party?Revised Statutes of Missouri section 339.755
Are the parties to a transaction brokerage transaction liable for the transaction broker's acts?Revised Statutes of Missouri section 339.755
As to whom an agent's fiduciary duties are owed in a real estate transaction, what do sections 339.710 to 339.860 supersede?Revised Statutes of Missouri section 339.840
Besides duties and compensation, what must a written agency agreement with a seller specify under section 339.780?Revised Statutes of Missouri section 339.780
"Commercial real estate" is real estate other than agricultural and horticultural property and real estate containing one to how many residential units?Revised Statutes of Missouri section 339.710
For the customer's benefit, a buyer's agent owes no duty to conduct an independent investigation of what?Revised Statutes of Missouri section 339.740
For whom is a dual agent a limited agent under section 339.750?Revised Statutes of Missouri section 339.750
How does section 339.710 describe a transaction broker's position between the parties?Revised Statutes of Missouri section 339.710
How is consent to dual agency presumed under section 339.750?Revised Statutes of Missouri section 339.750
In which kind of transaction does section 339.770 call for the broker disclosure form?Revised Statutes of Missouri section 339.770
May a licensee work with one party in separate transactions under different relationships?Revised Statutes of Missouri section 339.720
May a seller's agent show a prospective buyer other properties that the client does not own?Revised Statutes of Missouri section 339.730
No written agency agreement exists and nothing else in section 339.720 applies. What is the licensee considered to be?Revised Statutes of Missouri section 339.720
"Residential real estate" in section 339.710 is property with a structure that contains not more than how many dwelling units?Revised Statutes of Missouri section 339.710
Under Missouri's section 339.710, a single agent is a licensee whose brokerage relationship is withRevised Statutes of Missouri section 339.710
What do ministerial acts not rise to, under section 339.710?Revised Statutes of Missouri section 339.710
What does a seller's agent owe a customer under section 339.730?Revised Statutes of Missouri section 339.730
What does a subagent owe the client under section 339.710?Revised Statutes of Missouri section 339.710
What does section 339.750 say about imputing knowledge between a client and a dual agent?Revised Statutes of Missouri section 339.750
What is an "adverse material fact" in section 339.710?Revised Statutes of Missouri section 339.710
What kind of agent is a licensee who represents a seller as a seller's agent?Revised Statutes of Missouri section 339.730
What separates a customer from a client in section 339.710?Revised Statutes of Missouri section 339.710
When is a buyer's agent not obligated to seek other properties for the client?Revised Statutes of Missouri section 339.740
When is a client liable for a misrepresentation made by the client's limited agent?Revised Statutes of Missouri section 339.810
When is a client liable for a misrepresentation made by the client's transaction broker?Revised Statutes of Missouri section 339.810
When is a seller's agent not obligated to seek additional offers to purchase the property?Revised Statutes of Missouri section 339.730
When may a seller's agent disclose confidential information about the client?Revised Statutes of Missouri section 339.730
When must a licensee give the broker disclosure form to a person who has no written agreement for services?Revised Statutes of Missouri section 339.770
Which civil actions does section 339.840 say the brokerage relationship sections do not limit?Revised Statutes of Missouri section 339.840
Which duty does a transaction broker have under section 339.755?Revised Statutes of Missouri section 339.755
Which duty survives the end of a brokerage agreement under section 339.790?Revised Statutes of Missouri section 339.790
Which fact may a dual agent not disclose without the consent of the client it concerns?Revised Statutes of Missouri section 339.750
Which of these is listed as a ministerial act in section 339.710?Revised Statutes of Missouri section 339.710
Which of these is on section 339.750's list of what a dual agent may not disclose without consent?Revised Statutes of Missouri section 339.750
Which service must every exclusive brokerage agreement provide for, at a minimum?Revised Statutes of Missouri section 339.780
Who is an "affiliated licensee" in section 339.710?Revised Statutes of Missouri section 339.710
Who prescribes the broker disclosure form?Revised Statutes of Missouri section 339.770
Whose informed consent does a transaction broker need before disclosing that a seller is willing to accept less than the asking price?Revised Statutes of Missouri section 339.755
With what must a seller's agent promote the interests of the client?Revised Statutes of Missouri section 339.730
Complaints and penalties 26
A civil penalty is not paid on time. Whom must the commission notify?Revised Statutes of Missouri section 339.205
A license is revoked under subsection 5 of section 339.100. Within how long of the mailing of the notice must the administrative hearing commission receive a notice of appeal?Revised Statutes of Missouri section 339.100
A licensee is immune from liability for a home inspector's statement unless, among other things,Revised Statutes of Missouri section 339.190
A licensee must timely inform the seller of all written offers unless what?Revised Statutes of Missouri section 339.100
A licensee passes on a property's square footage obtained from a third party. What must the licensee do to be protected under section 339.190?Revised Statutes of Missouri section 339.190
A licensee places a for-sale sign on a property. Whose written consent does section 339.100 call for?Revised Statutes of Missouri section 339.100
A Missouri licensee acts for both sides of one sale. Section 339.100 makes that a ground for a complaint unless who knows of it?Revised Statutes of Missouri section 339.100
A person knowingly violates a provision of sections 339.010 to 339.180. What is the offense under section 339.170?Revised Statutes of Missouri section 339.170
A violation continues day after day. What is the maximum civil penalty under section 339.205?Revised Statutes of Missouri section 339.205
Besides suspension or revocation, what may the commission do after a finding against a licensee under section 339.100?Revised Statutes of Missouri section 339.100
The commission may file a complaint against an unlicensed person who does what, under section 339.200?Revised Statutes of Missouri section 339.200
For which offense does section 339.100 say a license shall be revoked, whatever the rest of the section provides?Revised Statutes of Missouri section 339.100
How does section 339.100 count a violation that continues from day to day?Revised Statutes of Missouri section 339.100
In an action to recover an unpaid civil penalty, the attorney general may recover a surcharge of what share of the penalty?Revised Statutes of Missouri section 339.205
No action lies against a licensee for information in a seller's disclosure unless the licensee knew it was false, was reckless, or was what?Revised Statutes of Missouri section 339.190
On whose application may a court enjoin an unlicensed person from acts that need a real estate license?Revised Statutes of Missouri section 339.180
Representing to a lender a sale price in excess of what is a ground for a complaint under section 339.100?Revised Statutes of Missouri section 339.100
Using a prize or gift to secure customers is a ground for a complaint when the award isRevised Statutes of Missouri section 339.100
What is the largest civil penalty the commission may impose for each offense under section 339.100?Revised Statutes of Missouri section 339.100
What must happen before a civil penalty is assessed under section 339.205?Revised Statutes of Missouri section 339.205
When must the commission investigate a licensee's real estate-related activity?Revised Statutes of Missouri section 339.100
Where is an injunction action under section 339.180 commenced?Revised Statutes of Missouri section 339.180
Which act is a ground for a complaint under section 339.100?Revised Statutes of Missouri section 339.100
Which factor may the commission consider in setting the amount of a civil penalty under section 339.205?Revised Statutes of Missouri section 339.205
With which body does the commission file a complaint against a licensee?Revised Statutes of Missouri section 339.100
Within how long of the filing of the order must a civil penalty be paid, when the order is not stayed?Revised Statutes of Missouri section 339.205
How this list was compiled: Written from the Revised Statutes of Missouri, chapter 339, sections 339.010 to 339.205 and 339.710 to 339.855, as published by the Missouri Revisor of Statutes at https://revisor.mo.gov/, read 2026-10-04. Each question links to its section page in the form https://revisor.mo.gov/main/OneSection.aspx?section=339.010. Licence: Own work. Questions, answer choices and explanations were written for this site from the statute text; nothing is copied from another practice test, a prep book or the state exam. Short quotations from the statutes are marked.
How it works
This unofficial Missouri real estate license practice test holds 146 questions on chapter 339: licensing, escrow accounts, brokerage relationships and penalties, with no math. Each answer names its section; checked October 4, 2026.
Read the full guide
A real estate test Missouri law can answer
Each question is one that a section of chapter 339 answers. The Brokerage relationships filter is the largest: limited agents, dual agents, designated agents and the transaction broker, which is what a Missouri licensee is when nothing else has been agreed. The other filters follow the Commission and the exemptions, licensing, escrow accounts, compensation, and complaints and penalties.
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Print puts the questions and their explained answers on paper. The missed pile brings back what you got wrong, one question at a time.
With no written agency agreement, a licensee is treated as a transaction broker (section 339.720).
A broker may keep up to $1,000 of personal funds in the escrow account, for service charges (section 339.105).
Civil penalty: up to $2,500 per offense, each day counted separately, $25,000 at most (section 339.205).
Questions and answers
Is there a Missouri real estate exam study guide pdf?
There is no file to download. Print gives the questions with their explained answers and section numbers, and your browser can save that page as a PDF to study from.
Are these the questions on the Missouri real estate license exam?
No. They are practice questions written for this page from chapter 339 of the Revised Statutes of Missouri. This site has never seen the state exam and is not affiliated with the Missouri Real Estate Commission. No licensed Missouri broker has reviewed them yet.
What is a transaction broker in Missouri?
Under section 339.710, a licensee who assists the parties without an agency or fiduciary relationship to either one and is therefore neutral. Section 339.720 treats a licensee as a transaction broker unless a written agency agreement or another listed exception applies.
What does this practice test leave out?
Math, national real estate principles and the Commission's rules in 20 CSR 2250, which were not read for this bank. It holds statute law only. For what the exam itself covers, see the Commission's own website.