State Practice Exam
Mississippi Real Estate Practice Exam
40 questions covering Mississippi real estate licensing topics with detailed explanations.
Question 1 of 40
What is required of Mississippi brokers regarding the handling of client funds in trust accounts?
The Real Estate Salesperson Practice Exam for Mississippi offers a comprehensive preview of the actual 120-question test. This page covers eligibility requirements, a breakdown of the exam’s topics, 2025 law updates, and key exam prep resources. Start the Mississippi Real Estate Salesperson practice test below to identify study priorities.
Who is eligible to take the Mississippi Real Estate Salesperson license exam?
To qualify for the Mississippi Salesperson license exam, candidates must meet specific educational, legal, and procedural requirements:
- Complete the official application form.
- Finish 60 hours of state-approved pre-license education.
- Submit a background check consent form.
- Provide proof of being at least 18 years of age.
- Complete a 30-hour post-license education requirement within one year after passing the final exam.
What’s on the Mississippi Real Estate Salesperson exam?
The Mississippi Real Estate Salesperson exam consists of 120 multiple-choice questions, 80 questions on the national portion and 40 on the state-specific portion. The national section covers real estate fundamentals, agency, contracts, finance, property management, and related laws, while the state section evaluates your understanding of Mississippi’s licensing rules, agency disclosures, advertising requirements, and local regulations.
Mississippi Real Estate exam topics
Below are the detailed content outlines for both the national and state portions of the exam:
National Portion
| Topic | Subtopics | # of Questions (approx.) |
| Property Ownership | Real vs personal property, legal descriptions, encumbrances, types of ownership | 8 |
| Land Use Controls & Regulations | Government rights, zoning, environmental hazards, private controls | 5 |
| Valuation & Market Analysis | Appraisals, estimating value, market analysis | 7 |
| Financing | Concepts, types of loans, lending process, underwriting | 10 |
| General Principles of Agency | Types of agents, duties, creation, disclosure, termination | 13 |
| Property Disclosures | Condition, environmental issues, government requirements | 6 |
| Contracts | Contract law, clauses, offers, counteroffers | 17 |
| Leasing & Property Management | Duties, types of leases, rights/obligations, ADA/Fair Housing | 3 |
| Transfer of Title | Title insurance, deeds, closing, special processes, warranties | 8 |
| Practice of Real Estate | Trust accounts, fair housing, advertising, antitrust | 13 |
| Real Estate Calculations | Math concepts, transaction calculations, valuation | 10 |
State Portion
| Topic | Subtopics | # of Questions |
| Powers & Duties of Real Estate Commission | Hearings, jurisdiction, violations, penalties | 4 |
| Licensing Requirements & Maintenance | Licensing, education, insurance, exemptions, commissions | 4 |
| Property Condition Disclosures | Disclosure forms, stigmatizing factors, licensee responsibilities, material changes | 4 |
| Agency Disclosure & Duties to Parties | Dual agency, broker relationships, licensed status, disclosure timing, general duties | 8 |
| Out-of-State Brokers & Developers | Cooperative agreements, reciprocal licenses | 4 |
| Trust Accounts | Earnest money, accounting, commingling, disbursement | 4 |
| Broker Responsibilities/Supervision | Supervision, associate status, compensation, BPO, license display | 6 |
| Records & Documents | Retention, required records, disposition, electronic records | 3 |
| Advertising/Marketing/Internet | Social media, broker name requirements, advertising approval | 3 |
What is the Salesperson exam passing score?
A passing score on the Mississippi Real Estate Salesperson exam requires a minimum of 56 correct answers on the 80-question national portion and at least 30 correct out of 40 on the state-specific section. Scores are provided immediately on-screen, including a performance summary. A passing notification is also displayed after successful completion.
What 2025 Mississippi Real Estate Laws should you know for the Salesperson exam?
For the 2025 Mississippi real estate salesperson exam, you should focus on newly enacted laws such as the Mississippi Fair Housing Act, updated property rights procedures, and proposed changes to licensing fees and administrative rules. These laws are likely to be reflected in the state-specific portion of the exam, especially under fair housing, licensing, and landlord-tenant topics.
| Law | Brief Description | 2025 Status | Exam Relevance |
| Mississippi Fair Housing Act | Expands fair housing protections and enforcement mechanisms. | New in 2025; codified protections | Fair Housing / Discrimination |
| Real Property Owners Protection Act (HB 1200) | Standardizes process for squatter removal and clarifies owner rights. | New in 2025; specific squatter procedure | Property Rights/Landlord-Tenant |
| Licensing Fee Overhaul (SB 2086) | Caps application, renewal, and exam retake fees. | Pending July 2025; sets new fee caps | Licensing Requirements and Fees |
| MREC Administrative Rule Rewrite | Updates the administrative rules governing licensing and discipline. | In progress; effective FY 2026 | Potential future exam topic; Licensing/Discipline Procedures |
| Conviction Licensing Flexibility (SB 2497) | Would have allowed post-conviction licensing after five years. | Did not pass; no change in 2025 | Not currently reflected |
| Hearing and Notice Procedures (HB 1368) | Would have raised burden of proof and mandated written notices. | Did not pass; no change in 2025 | Not currently reflected |
How to prepare for the exam?
Preparation for the Mississippi Real Estate Salesperson exam requires understanding the exam structure, utilizing approved learning resources and following a targeted study plan.
Understanding Mississippi Salesperson exam details
Mississippi Real Estate exam structure and requirements are essential for effective preparation. Here is the information you need to know:
- Time allotted: 4 hours, 2.5 hours for the national section, 1.5 hours for the state section.
- Exam format: Computer-based multiple-choice.
- Exam fee: $75.
- Licensing authority: PSI.
- Where to take the exam: Jackson, Metairie (New Orleans), Baton Rouge, Mobile, and Memphis.
Learning from prep resources
Use trusted study guides and platforms that align with Mississippi’s exam outline. Quality resources include:
Prep books
- Mississippi Real Estate License Exam Prep: All-in-One Review and Testing to Pass Mississippi’s PSI Exam by Stephen Mettling, David Cusic, and Ryan Mettling: This comprehensive study guide covers Mississippi-specific real estate law, principles, and math.
- Mississippi Real Estate Exam Prep: The Complete Guide to Passing the Mississippi Real Estate Salesperson License Exam the First Time! by Janice Cullen:A targeted prep book featuring test‑taking strategies, real estate law and math review, flashcards, and four full-length practice tests.
Free practice test platforms
- Realtylicenseprep practice tests: offer national and 50-state exam simulations that mirror real test conditions and question types.
Other resources
- Video tutorials: explain complex topics step-by-step.
- Flashcards: effective for memorizing key terms and legal definitions.
- Joining a study group: provides discussion-based learning.
Follow study strategy
A structured study plan improves content retention and builds confidence under real exam timing. You can begin with core topics, then refine your approach based on past performance. The table below is a sample of 8‑week study plan:
| Week | Focus | Activities |
| 1 - 2 | Ownership & agency | Read outline, watch topic videos, flashcards |
| 3 - 4 | Valuation, financing, contracts | Practice questions + review wrong answers |
| 5 | Disclosures & ethics | Deep dive into cases & laws |
| 6 | Practice exams | Timed mock tests |
| 7 | Review weak areas | Re-study low-scoring sections |
| 8 | Final exam simulation | Full test practice under timed conditions |
Weak area analysis
- Review your score breakdown weekly.
- Focus additional study on areas below 70%.
- Review incorrect answers to understand mistakes deeply.
Mastering Real Estate math
There will bemath questions in the national section of the Mississippi Real Estate Salesperson exam. These questions focus on practical real estate calculations such as loan-to-value ratios, down payments, and other common financial metrics relevant to property transactions.
Since math questions can affect your result, focused practice is essential after reviewing the main topics. To prepare:
- Review formulas for commission, loan-to-value ratio, and property tax calculations.
- Solve sample problems with our practice tests.
- Use flashcards or guided quizzes to reinforce conversions and amortization steps.
Frequently Asked Questions
How long does the exam in Mississippi take?
The full national + state exam is officially 4 hours, 2.5 hours for the national section, 1.5 hours for the state section. Plan for the full duration and use all available time for review.
How many times can I take the Mississippi exam if I fail?
Mississippi follows PSI’s standard approach:
While Mississippi-specific rules weren’t in Reddit, other states using PSI confirm this process.
How should I pace my exam approach?
Use a two-pass method: quickly answer confident questions, flag the rest, then review flagged items. Take your time to read carefully, eliminate wrong choices, and ensure math accuracy.
How do I overcome test anxiety and second-guessing?
Label questions based on confidence (A – sure, B – unsure, C – math), complete the A group first, skip B and C, then return for review. Look for clues in later questions, you may find hidden answers.