| Examinations: |
- The testing company is AMP and be reached at 1-800-345-6559 or register online at http://www.goamp.com/default.htm
- The exam fee is $91.00
- The multiple choice section of the exam consists of 50 national and 25 state questions with a time limit of 90 min
- Topics on the multiple choice portion include listings, assessment of property value, services to the seller, services to the buyer, advising buyers of outside services, property management, tax issues, titles, settlement procedures, completion of the transaction, sources of financing, types of loans, terms and conditions, common clauses and terms in mortgage, professional responsibility
- The simulation portion of the exam consists of 7 problems with a 90 minute time limit. Each of these problems consists of three components, Scenario, Information Gathers and Decision Making
- Topics on the simulation portion include fair housing, agency relationship, non agency relationships, property relationships, trust accounts, document preparation, ethics, negotiation, environmental issues, advertising, property types (residential, commercial, property management, other), disclosures and risk management
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