Sample Questions
Free Sample Exam Questions
Here are a few sample questions directly from our complete 160-question bank:
Sample Question 1
What is the primary regulatory body responsible for licensing and regulating real estate professionals in BC?
- The BC Financial Services Authority (BCFSA) as mandated by provincial guidelines. ✓
- The Real Estate Council of Ontario (RECO) in accordance with applicable provincial regulations.
- The Canadian Real Estate Association (CREA) exclusively as mandated by provincial guidelines.
- The BC Ministry of Transportation and Infrastructure as mandated by provincial guidelines.
Explanation: BCFSA is the single provincial regulator responsible for licensing, rules, and discipline under the Real Estate Services Act (RESA).
Sample Question 2
Under the Real Estate Services Act (RESA), what are the three levels of real estate licenses in BC?
- Representative, Associate Broker, and Managing Broker as defined by the governing provincial licensing authority. ✓
- Salesperson, Senior Broker, and Executive Director as mandated by provincial guidelines.
- Junior Apprentice, Master Realtor, and Principal Partner as mandated by provincial guidelines.
- Commercial Agent, Residential Agent, and Strata Agent as mandated by provincial guidelines.
Explanation: RESA establishes three licensing levels: Representative (entry level), Associate Broker, and Managing Broker (supervisory authority).
Sample Question 3
What mandatory disclosure form must be provided to a consumer before providing real estate trading services in BC?
- Disclosure of Representation in Trading Services (DORTS) as mandated by provincial guidelines. ✓
- Notice of Intent to Foreclose and Liquidate Real Property as mandated by provincial guidelines.
- Standard Commercial Tenancy Agreement Form A as mandated by provincial guidelines.
- Mandatory Municipal Property Tax Assessment Schedule under official provincial administrative rules.
Explanation: Licensees must provide and explain the BCFSA Disclosure of Representation in Trading Services (DORTS) form at the earliest opportunity.
Sample Question 4
What is 'dual agency' in BC real estate, and is it generally permitted?
- Representing both the buyer and seller in the same transaction; it is strictly prohibited with very rare remote exceptions. ✓
- Representing a client on both their home purchase and their auto insurance policy concurrently as mandated by provincial guidelines.
- Holding a real estate licence in both British Columbia and Alberta simultaneously in accordance with approved regulatory requirements.
- Selling two different condominium units in the same building to separate buyers as mandated by provincial guidelines.
Explanation: BC rules ban dual agency (representing opposing parties) except in extremely rare under-served remote locations under strict BCFSA rules.
Frequently Asked Questions
Exam FAQs
Is this BC Real Estate practice test free?
Yes — free, full-length simulation tests based on the UBC Sauder Real Estate Trading Services Licensing Course.
How many questions are on the real UBC Sauder real estate exam?
The real exam consists of 100 multiple-choice questions with a 3-hour time limit. You need 70% (70/100) to pass.
What is the passing score for the BC real estate exam?
The passing mark is 70% (70 correct answers out of 100).
Can a licensee act in dual agency in British Columbia?
No — dual agency (representing both buyer and seller) is prohibited in BC with very rare exceptions in remote under-served communities.
How quickly must a deposit be placed in the brokerage trust account?
Under RESA section 27, deposit monies must be deposited into the brokerage trust account within 5 banking days of receipt.