MISSISSIPPI REAL ESTATE STATE PORTION
ACTUAL EXAM SCRIPT 2026 QUESTIONS
AND CORRECT ANSWERS FULLY VERIFIED
⩥ How many days does an agent have to send in the
Cooperating Agreement with out-of-state real estate
brokers to MREC after reaching the agreement to
accept the referral?
a. 5
b. 3
c. 14
d. 10. Answer: d. 10
⩥ How many copies of the Cooperating agreement with
out-of-state brokers goes to the Real Estate
Commission?
a. 3
b. 2
c. 1
d. None. Answer: b. 2
,⩥ Which of the following does NOT require a real estate
license in Mississippi?
a. Listing raw land
b. Selling for another person
c. Auctioning real property
d. Dealing in mineral rights in the ground. Answer: d. Dealing in mineral
rights in the ground
⩥ The certificate of each real estate salesperson
working for a broker shall be:
a. Locked in a cabinet at the office.
b. Locked in a file at the salesperson's home.
c. Displayed prominently in the brokerage office.
d. Each salesperson keeps it locked in a personal
office file. Answer: c. Displayed prominently in the brokerage office.
⩥ A non-resident may apply for a real estate license in
Mississippi if he or she:
a. Is a licensed broker in another state.
b. Is a broker or salesperson affiliated with a resident
or non-resident Mississippi broker.
c. Intends to maintain an office in Mississippi.
, d. All of the above. Answer: d. All of the above
⩥ How many days does a salesperson have to notify
MREC that they plan to move their license from one
broker to another?
a. 5
b. 3
c. 30
d. 45 Answer: b. 3
⩥ A broker may have her license suspended for
which of the following?
a. Failing to advertise listings twice a month
b. Failing to charge 10% for commission
c. Opening an escrow account with her own funds
d. Depositing commission checks into escrow. Answer: d. Depositing
commission checks into escrow
⩥ When must a licensee furnish a copy of an offer to
the purchaser?
a. At the time it is signed by the purchaser
b. When both parties have signed it
ACTUAL EXAM SCRIPT 2026 QUESTIONS
AND CORRECT ANSWERS FULLY VERIFIED
⩥ How many days does an agent have to send in the
Cooperating Agreement with out-of-state real estate
brokers to MREC after reaching the agreement to
accept the referral?
a. 5
b. 3
c. 14
d. 10. Answer: d. 10
⩥ How many copies of the Cooperating agreement with
out-of-state brokers goes to the Real Estate
Commission?
a. 3
b. 2
c. 1
d. None. Answer: b. 2
,⩥ Which of the following does NOT require a real estate
license in Mississippi?
a. Listing raw land
b. Selling for another person
c. Auctioning real property
d. Dealing in mineral rights in the ground. Answer: d. Dealing in mineral
rights in the ground
⩥ The certificate of each real estate salesperson
working for a broker shall be:
a. Locked in a cabinet at the office.
b. Locked in a file at the salesperson's home.
c. Displayed prominently in the brokerage office.
d. Each salesperson keeps it locked in a personal
office file. Answer: c. Displayed prominently in the brokerage office.
⩥ A non-resident may apply for a real estate license in
Mississippi if he or she:
a. Is a licensed broker in another state.
b. Is a broker or salesperson affiliated with a resident
or non-resident Mississippi broker.
c. Intends to maintain an office in Mississippi.
, d. All of the above. Answer: d. All of the above
⩥ How many days does a salesperson have to notify
MREC that they plan to move their license from one
broker to another?
a. 5
b. 3
c. 30
d. 45 Answer: b. 3
⩥ A broker may have her license suspended for
which of the following?
a. Failing to advertise listings twice a month
b. Failing to charge 10% for commission
c. Opening an escrow account with her own funds
d. Depositing commission checks into escrow. Answer: d. Depositing
commission checks into escrow
⩥ When must a licensee furnish a copy of an offer to
the purchaser?
a. At the time it is signed by the purchaser
b. When both parties have signed it
