Ohio Real Estate Salesperson Exam Practice Test
Practice stays free. The full Ohio Real Estate Salesperson Exam study guide is the material itself, taught start to finish — a downloadable PDF + EPUB you keep.
Frequently asked questions
How many Ohio Real Estate Salesperson Exam practice questions are here?+
A full bank of original Ohio Real Estate Salesperson Exam practice questions across the official content areas, weighted like the real exam, with explanations. Free, no signup.
What is the Ohio Real Estate Salesperson Exam exam like?+
About 120 questions, and you need 70% to pass. Practice by topic here, then take the full timed mock exam to gauge readiness.
Are these the real exam questions?+
No. Every question is 100% original, written from public primary sources with explanations. We never copy real exam questions or paid prep material.
Can I study in Chinese or Spanish?+
PrepPass practice is in English, 中文 and Español. The official exam is in English — switch the question language to English any time to rehearse the exact terminology you'll see on test day.
Sample practice questions
A few real questions from this free bank, with full explanations. Use the practice tool above for the whole set.
- 1. Property Ownership
Which type of estate gives an owner the fullest bundle of rights, is of potentially unlimited duration, and passes to the owner's heirs?
- a.Fee simple absolute
- b.Estate at will
- c.Estate for years
- d.Life estate
Answer: a
Explanation: A fee simple absolute is the highest and most complete estate in land: it lasts indefinitely and is freely inheritable and transferable. A life estate ends at the death of the measuring life, so it is not inheritable. An estate for years and an estate at will are leasehold (less-than-freehold) estates that give possession, not ownership, so they confer far fewer rights.
- 2. Land Use Controls and Regulations
Of the government's four powers over land (remembered as PETE), which one lets the government take private property for a public use upon paying just compensation?
- a.escheat when an owner leaves no heirs
- b.taxation to raise public revenue
- c.eminent domain
- d.police power to regulate land use
Answer: c
Explanation: Eminent domain is the power to take private property for a public use, exercised through condemnation, and it requires just compensation. Police power regulates use without taking title, escheat transfers property to the state when an owner dies without heirs, and taxation raises revenue.
- 3. Financing
An FHA loan is:
- a.insured by the FHA and made by approved private lenders
- b.available only to eligible military veterans
- c.made directly by the federal government to buyers
- d.guaranteed against loss by the Department of Veterans Affairs
Answer: a
Explanation: FHA loans are made by FHA-approved private lenders and insured by the Federal Housing Administration, which lets lenders offer low down payments to qualified buyers. VA loans are guaranteed for veterans, neither is funded directly by the government, and FHA loans are open to the general public.
- 4. Agency
Most states require a licensee to disclose whom they represent:
- a.only if the client specifically asks
- b.at or before the first substantive discussion with a party
- c.only after the purchase contract has been completely signed by all
- d.only at the closing table itself
Answer: b
Explanation: Agency disclosure laws generally require licensees to reveal who they represent early - at or before the first substantive contact - so the parties understand the relationship. Waiting until contract, closing, or a direct question defeats the purpose.
- 5. Property Management
In a gross lease:
- a.the tenant pays all of the operating expenses
- b.the rent varies with the tenant's gross sales
- c.the tenant owns the building outright
- d.the landlord pays the property's operating expenses such as taxes and insurance
Answer: d
Explanation: Under a gross lease the tenant pays a flat rent and the landlord covers operating expenses such as taxes, insurance, and maintenance - common in residential and some office leases. A net lease shifts expenses to the tenant, and a percentage lease ties rent to sales.
- 6. Real Estate Calculations
An ARM currently at 3% has a margin of 2.5%, an index of 4%, and a 2% periodic (per-adjustment) cap. At the first adjustment, what is the new rate?
- a.6.5%
- b.7%
- c.3%
- d.5%
Answer: d
Explanation: The fully indexed rate would be 4% + 2.5% = 6.5%, but the 2% periodic cap limits any single adjustment to a 2-point increase from the current 3%, capping the new rate at 5%. Caps protect the borrower by limiting how fast the rate can climb.
- 7. Financing
A VA-guaranteed loan is designed for eligible veterans and typically allows:
- a.Any borrower at all to purchase a home with no credit review and no income verification
- b.The VA itself to purchase the home and then rent it back to the eligible veteran
- c.A guarantee that applies only if the veteran also pays for private mortgage insurance
- d.A qualified veteran to buy with little or no down payment
Answer: d
Explanation: The VA guarantees a portion of the loan, reducing the lender's risk enough that eligible veterans can often buy with no down payment. Borrowers still must qualify, the VA does not buy the home, and VA loans do not use private mortgage insurance (they use a funding fee instead).
- 8. Agency
Two or more competing firms agree to refuse to cooperate with a broker who discounts commissions. This illegal antitrust practice is a:
- a.A tie-in arrangement, linking the sale of one service to the required purchase of a second one
- b.Group boycott
- c.A price ceiling that state or federal law affirmatively requires competing brokerages to observe
- d.A legitimate and lawful independent business decision made separately by each individual firm
Answer: b
Explanation: A group boycott is a concerted agreement among competitors to refuse to deal with another firm, and it violates antitrust law even if aimed at a discounter. Each firm may independently decide with whom to work, but agreeing together to exclude a competitor is illegal.
- 9. Property Disclosures
Asbestos is most hazardous to health when it is:
- a.Stored securely in a sealed, labeled container at an off-site licensed disposal facility
- b.Sealed and completely intact inside a wall, where it is undisturbed and stable in place
- c.Painted over with a fresh coat of ordinary latex paint that fully encapsulates the surface
- d.Friable, meaning crumbling or disturbed so fibers become airborne
Answer: d
Explanation: Asbestos poses its greatest risk when friable (easily crumbled or disturbed), releasing microscopic fibers that can be inhaled. Intact, undisturbed asbestos is often managed in place; the danger arises when renovation or deterioration makes it airborne.
- 10. Brokerage Relationships (Agency)
Ohio law requires an 'Agency Disclosure Statement' to be provided so that:
- a.The seller can avoid disclosing defects
- b.The commission is guaranteed
- c.The parties understand which party each licensee represents
- d.The buyer can waive the home inspection
Answer: c
Explanation: Ohio's Agency Disclosure Statement informs the parties which brokerage and agent represent whom in the transaction, promoting transparency about agency relationships. It must be provided at the appropriate time under Ohio agency law.