Missouri Practice TestProperty Management

Missouri Property Management
Practice Questions & Answers (2026)

Property management questions on the Missouri exam cover both the practical aspects of managing rental properties and the landlord-tenant law specific to Missouri. The Missouri Real Estate Commission tests security deposit limits, required notice periods for entry and termination, habitability standards, and the property manager's fiduciary duties. Missouri's landlord-tenant law has specific provisions — including notice requirements and tenant protections — that differ from what national study materials cover. These questions often involve scenarios where a property manager must navigate competing obligations to the owner-client and the tenant.

Practice Questions

Missouri Property Management — Practice Questions & Answers

103 questions on Property Management from the Missouri real estate question bank. First 10 are free — sign up to unlock all 103.

Q1. In Missouri, a property manager acting as agent for a landlord has a fiduciary duty to:

A.The tenants only
B.The property owner/landlord
C.MREC
D.The local municipality

Explanation

A property manager is an agent of the landlord/property owner and owes fiduciary duties—loyalty, disclosure, confidentiality, obedience, and accounting—to that principal.

Q2. Which Missouri law governs residential landlord-tenant relationships?

A.Chapter 339 RSMo
B.Chapter 441 RSMo (Missouri Landlord-Tenant Law)
C.Missouri Condominium Act
D.Missouri Human Rights Act

Explanation

Chapter 441 RSMo governs landlord-tenant law in Missouri, covering lease requirements, security deposits, habitability standards, and eviction procedures.

Q3. Under Missouri law, the maximum security deposit a landlord may collect for a residential lease is:

A.One month's rent
B.Two months' rent
C.Three months' rent
D.There is no statutory limit

Explanation

Missouri law (§535.300 RSMo) limits residential security deposits to two months' rent.

Q4. A Missouri landlord must return a tenant's security deposit within how many days after the tenant vacates?

A.14 days
B.21 days
C.30 days
D.45 days

Explanation

Under Missouri law (§535.300 RSMo), a landlord must return the security deposit within 30 days of the tenant vacating, along with an itemized statement of any deductions.

Q5. The implied warranty of habitability in Missouri requires a landlord to:

A.Provide luxury amenities
B.Maintain rental units in a safe and livable condition throughout the tenancy
C.Allow pets in all units
D.Pay all utility costs

Explanation

The implied warranty of habitability requires landlords to maintain rental properties in a condition fit for human habitation, including functioning plumbing, heat, and structural safety.

Q6. A gross lease in Missouri means the tenant pays:

A.Base rent plus a share of operating expenses
B.Only a fixed rent; the landlord pays operating expenses
C.All operating expenses
D.A percentage of their business income

Explanation

In a gross lease, the tenant pays a fixed rent amount and the landlord is responsible for all or most operating expenses, such as taxes, insurance, and maintenance.

Q7. A net lease in Missouri commercial real estate requires the tenant to pay:

A.Only base rent
B.Base rent plus some or all operating expenses
C.A percentage of gross sales
D.Only property taxes

Explanation

In a net lease, the tenant pays base rent plus some or all operating expenses such as property taxes, insurance, and maintenance. Triple net (NNN) requires payment of all three.

Q8. Under a percentage lease commonly used for Missouri retail tenants, rent is calculated as:

A.A fixed amount per month
B.A base rent plus a percentage of the tenant's gross sales
C.Only a percentage of net profits
D.Market rent adjusted annually

Explanation

A percentage lease charges a base rent plus a percentage of the tenant's gross sales above a breakpoint, aligning landlord income with the tenant's business performance.

Q9. In Missouri, eviction of a residential tenant for non-payment of rent begins with serving the tenant a:

A.30-day notice to vacate
B.Written notice to pay or quit (typically notice for unlawful detainer)
C.Court summons directly
D.MREC complaint

Explanation

Missouri eviction (unlawful detainer) for non-payment begins with serving the tenant written notice demanding payment or possession. After the notice period, the landlord may file for unlawful detainer in court.

Q10. A Missouri property manager's trust account for tenant security deposits must:

A.Be commingled with the management company's operating funds
B.Be maintained separately from operating funds
C.Earn interest for the management company
D.Be held by MREC

Explanation

Security deposits must be held in a separate trust or escrow account, not commingled with the property manager's or owner's operating funds.

Q11. Under Missouri law, a residential lease for more than one year must be:

A.Oral only
B.In writing to be enforceable
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