Missouri Real Estate Exam Practice Questions (With Answers)

Missouri Real Estate Exam Practice Questions

The Missouri real estate exam is 120 questions (80 national + 40 state) administered by PSI. You need a 70% to pass, which means scoring at least 84 out of 120. These practice questions focus on the Missouri-specific content that most test-takers overlook.

MREC and Licensing Practice Questions

Question 1: The Missouri Real Estate Commission is composed of how many members? A) 5 B) 6 C) 7 D) 9

Answer: B) 6. The Missouri Real Estate Commission consists of 6 members: 5 licensed brokers and 1 consumer member.

Question 2: Under Missouri law, how many hours of prelicense education must a salesperson candidate complete? A) 48 hours B) 60 hours C) 72 hours D) 90 hours

Answer: C) 72 hours. Missouri requires 72 hours of prelicense education for salesperson applicants.

Question 3: Missouri real estate licenses must be renewed every: A) 1 year B) 2 years C) 3 years D) 4 years

Answer: B) 2 years. Missouri licenses renew on a 2-year cycle with 12 hours of continuing education required, including 3 hours of Missouri-specific CE.

Agency Law Practice Questions

Question 4: A Missouri real estate salesperson who receives an earnest money deposit must deliver it to the broker by: A) The same business day B) The next business day C) Within 3 business days D) Within 5 business days

Answer: B) The next business day. Missouri law requires salespersons to deliver trust funds to their broker by the next business day.

Question 5: Under Missouri's Brokerage Relationship Act, does a buyer agency agreement need to be in writing to be enforceable? A) Yes, always B) No, Missouri does not require a written buyer agency agreement C) Only for transactions over $100,000 D) Only if the agent is receiving a commission from the buyer

Answer: B) No, Missouri does not require a written buyer agency agreement. This is a Missouri-specific rule that differs from many other states.

Question 6: Missouri is best characterized as what type of foreclosure state? A) Judicial foreclosure only B) Deed of trust state allowing non-judicial foreclosure C) Strict foreclosure state D) Mortgage lien theory state

Answer: B) Deed of trust state allowing non-judicial foreclosure. Missouri uses deeds of trust and allows non-judicial (power of sale) foreclosure.

Disclosure Practice Questions

Question 7: Missouri's Seller's Disclosure of Property Condition is required for: A) All real property B) Residential property with 1-4 units C) Commercial property only D) All property with known defects

Answer: B) Residential property with 1-4 units. The Missouri Seller's Disclosure is required for 1-4 unit residential transactions.

Question 8: Does Missouri impose a state real estate transfer tax? A) Yes, $1.10 per $1,000 of value B) Yes, $2.25 per $1,000 of value C) No, Missouri has no state real estate transfer tax D) Only in certain counties

Answer: C) No, Missouri has no state real estate transfer tax. Missouri is one of the few states with no state-level real estate transfer tax.

Fair Housing Practice Questions

Question 9: Missouri fair housing law protects which of the following classes NOT found in the federal Fair Housing Act? A) Sexual orientation B) Marital status C) Gender identity D) Source of income

Answer: B) Marital status. Missouri fair housing law mirrors federal law and adds marital status as a protected class.

Question 10: Missouri real estate brokers must retain transaction records for: A) 2 years B) 3 years C) 5 years D) 7 years

Answer: C) 5 years. Missouri requires brokers to keep transaction records for 5 years.

Keep Practicing

These 10 questions cover a fraction of the Missouri-specific content on the PSI exam. Focus on the Brokerage Relationship Act, trust account rules, commission structure, and the no-transfer-tax rule — all of these are tested.

Visit [CARealestate.com/states/missouri](https://carealestate.com/states/missouri) for a full set of Missouri practice questions with detailed explanations — 5 free, no signup required.