North Dakota Real Estate Exam Practice Questions

# North Dakota Real Estate Exam Practice Questions

The North Dakota real estate exam administered by PSI consists of 130 questions — 80 national and 50 state-specific. You need a 75% on each section to pass: that means at least 60 correct on the national portion and 38 correct on the state portion. Preparing with targeted practice questions is one of the most effective ways to hit those thresholds.

National Section Sample Questions

Q: A buyer's agent presents an offer to the listing agent. The listing agent is legally required to: A) Accept the offer on behalf of the seller B) Present the offer to the seller promptly C) Reject offers below listing price D) Negotiate directly with the buyer

Answer: B. Listing agents have a fiduciary duty to present all offers to the seller in a timely manner.

Q: Which type of listing allows a seller to sell their own home without paying a commission? A) Exclusive right to sell B) Exclusive agency C) Open listing D) Net listing

Answer: B. An exclusive agency listing allows the seller to avoid commission if they find the buyer themselves, unlike an exclusive right to sell.

Q: The principle of "prior appropriation" in water rights means: A) Riparian owners share water equally B) First in time, first in right — whoever first put water to beneficial use has priority C) The state owns all water and distributes it by permit only D) Adjacent landowners split surface water equally

Answer: B. North Dakota follows prior appropriation, meaning earlier water users have superior rights to later claimants.

State Section Sample Questions

Q: Which agency regulates real estate licensees in North Dakota? A) North Dakota Real Estate Association B) North Dakota Real Estate Commission (NDREC) C) Office of the Attorney General D) Department of Commerce

Answer: B. The NDREC, consisting of 5 members appointed by the governor, oversees all licensees under NDCC Chapter 43-23.

Q: North Dakota real estate salesperson licenses must be renewed every: A) 1 year B) 2 years C) 3 years D) 4 years

Answer: B. Salesperson licenses renew every two years, requiring 9 hours of continuing education.

Q: North Dakota is classified as which type of state for mortgage security instruments? A) Mortgage lien theory state B) Deed of trust state C) Community property state D) Title theory state

Answer: B. North Dakota uses deeds of trust as the primary security instrument for real estate financing.

Study Tips

Focus heavily on water rights and agricultural land concepts — these are distinctly North Dakota topics you won't see on exams in other states. Also know the NDREC disciplinary process, license law violations under NDCC 43-23, and agency disclosure requirements. Aim to complete at least 300 practice questions before your exam date.