6/27/26, 7:27 AM Mississippi Real Estate Exam, PSI REAL ESTATE!!! MISSISSIPPI EXAM - 2026 (Questions + Answers) with verified Answers (Late…
Mississippi Real Estate Exam, PSI REAL ESTATE!!!
MISSISSIPPI EXAM - 2026 (Questions + Answers)
with verified Answers (Latest Update 2026)
UPDATE!!
Save Add to calendar
Terms in this set (168)
How much time is given to pass the 4 hours or 240 minutes
Mississippi salesperson exam? (Total
includes State and National portion)
How many continuing education 16 hours
hours are required? (Every renewal
cycle)
In order to obtain a Mississippi Real True
Estate License must have a high
school diploma?
How often must you renew your Every two years
sales agent license? ( A renewal
notice will be sent out about 90 days
before your expiration date)
How old do you have to be in 18 years old
Mississippi to obtain a Real Estate
License? (You must be either U. S.
citizen or a lawfully admitted alien)
https://quizlet.com/1191987908/mississippi-real-estate-exam-psi-real-estate-mississippi-exam-2026-questions-answers-with-verified-answers-latest-u… 1/21
,6/27/26, 7:27 AM Mississippi Real Estate Exam, PSI REAL ESTATE!!! MISSISSIPPI EXAM - 2026 (Questions + Answers) with verified Answers (Late…
What are the prelicense course 60 hour for a salesperson, 120 hours for a broker
requirements for a salesperson and
broker's license?
What are the requirements to MREC Maximum deductible of $2,500 per claim for
demands of E&O insurance? damages and maximum deductible of $1,000 per
claim for defense cost
An applicant for a salesperson's The applicant must wait 3 months before taking the
license has failed the written exam exam a third time.
twice. What will happen next?
If the MREC receives a complaint The MREC may hold a hearing of its own volition
against a licensee, what steps if any upon receiving a complaint against a licensee.
will it take?
Can an agent of a corporation that Yes, if the agent personally participated in or was
has been found guilty of violating an accessory to the violation.
license law also be punished for the
corporation's actions?
If a broker has his license suspended Transfer to another responsible broker.
by the MREC, what can the licensees
working for him do?
What type of license is issued to a Temporary license holder for a year.
person who passes the salesperson's
license exam?
How many hours of post-license 30 hours
education must be completed
before a permanent license is issued
by the MREC?
https://quizlet.com/1191987908/mississippi-real-estate-exam-psi-real-estate-mississippi-exam-2026-questions-answers-with-verified-answers-latest-u… 2/21
, 6/27/26, 7:27 AM Mississippi Real Estate Exam, PSI REAL ESTATE!!! MISSISSIPPI EXAM - 2026 (Questions + Answers) with verified Answers (Late…
Can a temporary license be No
renewed?
Is a licensee required to verify No, a licensee is not required to verify third party
qualified third party claims of the information regarding the square footage of
square footage of a property in a property
transaction?
Can a salesperson be held liable for Yes, if the salesperson knowingly violated his or her
any damages after providing a duty to disclose the source of the information.
property's square footage that was
obtained from a third party?
If a licensee violated the disclosure Action must be initiated within 2 years of the date
of a property's size, when should the the property transferred
injured party take action?
Can a broker act as a dual agent in Yes, provided he or she obtains the written
MS? agreement of all parties before commencing the
dual agency.
Before a broker enters into a single To the party he intends to represent
agency agreement, to whom should
he disclose his proposed agency?
Can a buyer sue a broker for punitive No, Lauren cannot sue for punitive damages, only
damages? actual damages.
Is an "oral signature" acceptable on a Yes, if the broker notes it as so on the disclosure
disclosure form? form to get the written signature
https://quizlet.com/1191987908/mississippi-real-estate-exam-psi-real-estate-mississippi-exam-2026-questions-answers-with-verified-answers-latest-u… 3/21
Mississippi Real Estate Exam, PSI REAL ESTATE!!!
MISSISSIPPI EXAM - 2026 (Questions + Answers)
with verified Answers (Latest Update 2026)
UPDATE!!
Save Add to calendar
Terms in this set (168)
How much time is given to pass the 4 hours or 240 minutes
Mississippi salesperson exam? (Total
includes State and National portion)
How many continuing education 16 hours
hours are required? (Every renewal
cycle)
In order to obtain a Mississippi Real True
Estate License must have a high
school diploma?
How often must you renew your Every two years
sales agent license? ( A renewal
notice will be sent out about 90 days
before your expiration date)
How old do you have to be in 18 years old
Mississippi to obtain a Real Estate
License? (You must be either U. S.
citizen or a lawfully admitted alien)
https://quizlet.com/1191987908/mississippi-real-estate-exam-psi-real-estate-mississippi-exam-2026-questions-answers-with-verified-answers-latest-u… 1/21
,6/27/26, 7:27 AM Mississippi Real Estate Exam, PSI REAL ESTATE!!! MISSISSIPPI EXAM - 2026 (Questions + Answers) with verified Answers (Late…
What are the prelicense course 60 hour for a salesperson, 120 hours for a broker
requirements for a salesperson and
broker's license?
What are the requirements to MREC Maximum deductible of $2,500 per claim for
demands of E&O insurance? damages and maximum deductible of $1,000 per
claim for defense cost
An applicant for a salesperson's The applicant must wait 3 months before taking the
license has failed the written exam exam a third time.
twice. What will happen next?
If the MREC receives a complaint The MREC may hold a hearing of its own volition
against a licensee, what steps if any upon receiving a complaint against a licensee.
will it take?
Can an agent of a corporation that Yes, if the agent personally participated in or was
has been found guilty of violating an accessory to the violation.
license law also be punished for the
corporation's actions?
If a broker has his license suspended Transfer to another responsible broker.
by the MREC, what can the licensees
working for him do?
What type of license is issued to a Temporary license holder for a year.
person who passes the salesperson's
license exam?
How many hours of post-license 30 hours
education must be completed
before a permanent license is issued
by the MREC?
https://quizlet.com/1191987908/mississippi-real-estate-exam-psi-real-estate-mississippi-exam-2026-questions-answers-with-verified-answers-latest-u… 2/21
, 6/27/26, 7:27 AM Mississippi Real Estate Exam, PSI REAL ESTATE!!! MISSISSIPPI EXAM - 2026 (Questions + Answers) with verified Answers (Late…
Can a temporary license be No
renewed?
Is a licensee required to verify No, a licensee is not required to verify third party
qualified third party claims of the information regarding the square footage of
square footage of a property in a property
transaction?
Can a salesperson be held liable for Yes, if the salesperson knowingly violated his or her
any damages after providing a duty to disclose the source of the information.
property's square footage that was
obtained from a third party?
If a licensee violated the disclosure Action must be initiated within 2 years of the date
of a property's size, when should the the property transferred
injured party take action?
Can a broker act as a dual agent in Yes, provided he or she obtains the written
MS? agreement of all parties before commencing the
dual agency.
Before a broker enters into a single To the party he intends to represent
agency agreement, to whom should
he disclose his proposed agency?
Can a buyer sue a broker for punitive No, Lauren cannot sue for punitive damages, only
damages? actual damages.
Is an "oral signature" acceptable on a Yes, if the broker notes it as so on the disclosure
disclosure form? form to get the written signature
https://quizlet.com/1191987908/mississippi-real-estate-exam-psi-real-estate-mississippi-exam-2026-questions-answers-with-verified-answers-latest-u… 3/21
