Real Estate Sales Exam Study Guide 2027–2028 | Salesperson License Exam Prep, National Portion, 200 Practice Questions (PDF)

Prepare for the national portion of the real estate salesperson license exam with a complete study guide organized by the eight areas of the current national salesperson content outline. Every section teaches the reasoning the exam rewards: which estate, deed or contract status applies, what the licensee owes each party, how value is estimated, which federal law governs, and how to work the math step by step.

What's Inside

• Exam overview: format, scoring, the eight outline areas and their weights, registration, test day and retakes, plus how to check your state's own rules

• Property characteristics, legal descriptions and land use: fixtures, metes and bounds, the rectangular survey, lot and block, zoning, easements and encroachments

• Ownership, transfer and recording of title: estates, leaseholds, co-ownership, liens, deeds, recording, title insurance and adverse possession

• Property value and appraisal: principles of value, the appraisal process, sales comparison, cost and income approaches, GRM/GIM, CMA, BPO and assessed value

• Contracts and agency: contract essentials and status, the sales contract, contingencies, options, agency creation and termination, and fiduciary duties

• Real estate practice: listing and buyer agreements, property management, fair housing, antitrust, Do Not Call and risk management

• Property disclosures and environmental issues: lead-based paint, radon, asbestos, mold, USTs, CERCLA, flood zones and seller disclosures

• Financing and settlement: loan types, FHA, VA and conventional rules, TILA, TRID, RESPA, ECOA and closing statements

• Real estate math: area and acreage, commissions, valuation, loan costs, prorations, net to seller, investment and property management calculations

• Diagrams and flows, 125 quick-reference tables, Worked Examples, Exam Tips, Common Traps and Memory Aids

• Study schedules, FAQs and test-taking strategies

• 2 practice tests of 100 questions each (200 questions total), four options per question, weighted like the eight outline areas, with a complete answer key and an explanation for every question

Format

• Instant digital download (PDF), 8.5 × 11 in

• Clickable table of contents

• Print it or study on a tablet, laptop or phone

Please note: This is a digital product. No physical item will be shipped. The state law portion of the exam differs by state and is not covered.

This is an independent study resource and is not affiliated with or endorsed by Pearson VUE, PSI or any state real estate commission.