100+ Free Cyprus Real Estate Agent Exam Practice Questions

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Sample Cyprus Real Estate Agent Exam Practice Questions

Try these sample questions to test your Cyprus Real Estate Agent Exam exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Which Cyprus statute is the principal law governing the registration and licensing of real estate agents?

A.The Real Estate Agents Law of 2010 (Law 71(I)/2010)

B.The Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224

C.The Sale of Immovable Property (Specific Performance) Law of 2011

D.The Streets and Buildings Regulation Law, Cap. 96

Explanation: The Real Estate Agents Law of 2010 (Law 71(I)/2010, as amended, notably by 157(I)/2012) is the principal statute regulating the profession in Cyprus. It establishes the Real Estate Agents Registration Council and sets the framework for registration, licensing, conduct and discipline of agents.

2Which body is responsible for maintaining the register of real estate agents and overseeing the profession in Cyprus?

A.The Cyprus Securities and Exchange Commission

B.The Real Estate Agents Registration Council

C.The Department of Lands and Surveys

D.The Cyprus Bar Association

Explanation: The Real Estate Agents Registration Council (Symvoulio Ktimatomesiton) is the semi-governmental body, reporting to the Ministry of Interior, that keeps the register, issues licences, sets the qualifying examination and exercises disciplinary control over agents under Law 71(I)/2010.

3Under the Real Estate Agents Law, who may lawfully receive a commission for arranging the sale or letting of immovable property?

A.Any person who introduces a buyer to a seller

B.Only a registered and licensed real estate agent (or licensed company)

C.Any holder of a Cyprus identity card over 18

D.Only advocates and accountants

Explanation: The Law restricts the carrying on of estate agency work for reward to registered and licensed agents (and licensed real estate companies). Receiving a commission while unregistered constitutes illegal brokerage and is an offence under Law 71(I)/2010.

4A candidate wishes to sit the Council's qualifying examination to become a registered real estate agent. Which prior practical requirement must generally be satisfied?

A.Five years of employment in a bank

B.At least 12 months of training as a registered assistant real estate agent in Cyprus

C.A master's degree in law

D.Ownership of at least one property in Cyprus

Explanation: Among the qualifying conditions, a candidate must have completed at least 12 months of professional training as a registered assistant real estate agent in the Republic of Cyprus before being admitted to the qualifying examination and full registration.

5Which of the following is an eligibility condition for registration as a real estate agent in Cyprus relating to the applicant's character?

A.The applicant must be a member of a political party

B.The applicant must not have been convicted of an offence involving dishonesty or moral turpitude

C.The applicant must hold a Cypriot passport only

D.The applicant must be aged over 50

Explanation: The Law requires that the applicant be a fit and proper person: in particular they must not be an undischarged bankrupt or under legal incapacity, and must not have been convicted of an offence involving dishonesty or moral turpitude.

6What educational qualification is generally required to register as a real estate agent in Cyprus?

A.A recognised post-secondary diploma of at least three years in a relevant field, or its equivalent

B.Only a primary school leaving certificate

C.A doctorate in surveying

D.No educational qualification at all

Explanation: Applicants must hold a recognised diploma certifying successful completion of post-secondary education of at least three years (or its equivalent) in subjects relevant to the real estate profession, in addition to satisfying the practical training and examination requirements.

7After passing the examination and being entered on the register, what must a Cyprus real estate agent do each year to remain entitled to practise?

A.Nothing; registration is permanent once granted

B.Renew the annual licence and pay the prescribed fee

C.Re-sit the qualifying examination annually

D.Transfer ownership of a property to the Council

Explanation: Registration confers a number on the register, but the right to practise depends on holding a current annual licence. Agents must renew the licence and pay the prescribed annual fee; practising without a valid licence is unlawful.

8A registered agent places a newspaper advertisement offering a villa for sale. What information must the advertisement display under the Law?

A.The agent's home address and personal mobile number

B.The phrase 'registered and licensed real estate agent' together with the registration number and the annual licence number

C.The agent's bank account details

D.Only the property's price

Explanation: The Law requires registered and licensed agents to state the phrase 'registered and licensed real estate agent', followed by the registration number and the annual licence number, in every document or advertisement used in the course of the profession.

9Which financial protection must a Cyprus real estate agent hold as a condition of practising under Law 71(I)/2010?

A.Life insurance for the agent personally

B.Professional indemnity (liability) insurance

C.A pension fund for staff

D.Health insurance for clients

Explanation: Real estate agents are among the regulated professions in Cyprus required by law to maintain professional indemnity insurance, covering liability for errors and omissions arising from their professional activities. Proof of cover is a condition of licensing.

10Besides the Real Estate Agents Law, which subjects are tested in the Council's qualifying examination?

A.Maritime law and aviation law

B.Immovable property, transfer and mortgage, specific performance, town planning and street/building law

C.Criminal procedure and tax fraud only

D.European Union competition law only

Explanation: The examination covers the core property statutes: the Immovable Property (Tenure, Registration and Valuation) Law (Cap. 224), the Transfer and Mortgage Law, the Land and Surveys Department (Fees and Charges) Law, the Sale of Immovable Property (Specific Performance) Law, the Streets and Buildings Regulation Law and the Town and Country Planning Law, in addition to the Real Estate Agents Law.

About the Cyprus Real Estate Agent Exam Exam

The Cyprus Registered Real Estate Agent Examination is the licensing examination set by the Real Estate Agents Registration Council (CREA) for those seeking to register and license as a real estate agent in Cyprus under Law 71(I)/2010. It tests knowledge of land, property and urban-planning legislation, including immovable property law (Cap. 224), the Transfer and Mortgage Law, the Sale of Immovable Property (Specific Performance) Law, the Town and Country Planning Law and the Streets and Buildings Regulation Law, alongside the Real Estate Agents Law itself.

Assessment

A written qualifying examination conducted by the Real Estate Agents Registration Council under Article 11 of the Real Estate Agents Law, covering the Real Estate Agents Law and the principal property, transfer/mortgage, specific performance, town planning and street/building statutes.

Time Limit

Set by the Real Estate Agents Registration Council for each sitting; confirm with the Council.

Passing Score

The Council does not publish a fixed pass mark in widely available sources. Confirm the current standard with the Council before sitting.

Exam Fee

Approximately EUR 100 to sit the qualifying examination, plus registration and annual licence fees set by the Council. Fees change periodically; verify current amounts with the Council. (Real Estate Agents Registration Council of Cyprus (Symvoulio Ktimatomesiton / CREA))

Cyprus Real Estate Agent Exam Exam Content Outline

19%

Estate Agents Law and CREA Licensing

Law 71(I)/2010 (amended by 157(I)/2012), the Registration Council, registration and annual licensing, assistant agents, qualifications, illegal brokerage, commission and professional indemnity insurance.

13%

Professional Conduct and Ethics

Honesty, client money, conflicts of interest, confidentiality, advertising and disclosure, competence, and Council discipline.

13%

Land Registry and Title Deeds

The Department of Lands and Surveys, title deeds, searches and encumbrances, mortgages, transfer/registration of title and valuations.

12%

Planning and Zoning Law

The Town and Country Planning Law and Streets and Buildings Regulation Law (Cap. 96): planning permits, building permits, change of use, zoning, density and compliance.

12%

Taxes and Fees

Transfer fees (3/5/8% with the common 50% reduction), Capital Gains Tax at 20%, VAT (19% standard, 5% reduced primary residence) and DLS fees.

11%

Contracts of Sale and Specific Performance

Law 81(I)/2011, written contracts, the six-month deposit period, buyer protection and the 2023 amendment (132(I)/2023).

11%

Anti-Money-Laundering Compliance

Law 188(I)/2007, obliged-entity status, customer due diligence, beneficial owners, enhanced due diligence, MOKAS reporting and record-keeping.

Immovable Property Law

Cap. 224 tenure, registration and valuation: registered title, adverse possession, co-ownership and undivided shares, jointly owned buildings, easements and foreign-buyer rules.

How to Pass the Cyprus Real Estate Agent Exam Exam

What You Need to Know

Passing score: The Council does not publish a fixed pass mark in widely available sources. Confirm the current standard with the Council before sitting.
Assessment: A written qualifying examination conducted by the Real Estate Agents Registration Council under Article 11 of the Real Estate Agents Law, covering the Real Estate Agents Law and the principal property, transfer/mortgage, specific performance, town planning and street/building statutes.
Time limit: Set by the Real Estate Agents Registration Council for each sitting; confirm with the Council.
Exam fee: Approximately EUR 100 to sit the qualifying examination, plus registration and annual licence fees set by the Council. Fees change periodically; verify current amounts with the Council.

Keys to Passing

Complete 500+ practice questions
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Cyprus Real Estate Agent Exam Study Tips from Top Performers

1Anchor your revision in the statutes the Council examines: Law 71(I)/2010 (estate agents), Cap. 224 (immovable property), the Transfer and Mortgage Law, Law 81(I)/2011 (specific performance), the Town and Country Planning Law and Cap. 96 (streets and buildings).

2Master the numbers most likely to be tested: the six-month contract deposit period, transfer-fee bands of 3/5/8% with the common 50% reduction, Capital Gains Tax at 20%, and VAT of 19% standard or 5% reduced for a qualifying primary residence.

3Do not neglect professional conduct and AML duties: client money handling, conflicts of interest, illegal brokerage, customer due diligence and suspicious-transaction reporting to MOKAS are practical, high-yield topics.

Frequently Asked Questions

Who sets the Cyprus real estate agent examination and what does it cover?

The Real Estate Agents Registration Council of Cyprus (Symvoulio Ktimatomesiton / CREA) sets the written qualifying examination under Article 11 of the Real Estate Agents Law (Law 71(I)/2010). It covers the estate agents law plus the immovable property, transfer and mortgage, specific performance, town planning and street/building statutes.

What are the main requirements to become a registered real estate agent in Cyprus?

Applicants generally must be a citizen of Cyprus or another EU member state, be of good character (no conviction involving dishonesty), hold a recognised post-secondary diploma of at least three years in a relevant field, complete at least 12 months as a registered assistant real estate agent, pass the Council's examination and hold professional indemnity insurance.

What is the Specific Performance Law and why does it matter for agents?

The Sale of Immovable Property (Specific Performance) Law 81(I)/2011 lets a buyer deposit a written contract of sale at the Land Registry, generally within six months of signing, to protect their right to compel transfer of title and prevent the seller re-selling. The 2023 amendment (132(I)/2023) simplified the procedure to better protect purchasers.

Are real estate agents in Cyprus subject to anti-money-laundering rules?

Yes. Under Law 188(I)/2007 (transposing the EU AML directives), real estate agents are obliged entities when acting in property purchases and sales. They must apply customer due diligence, identify beneficial owners, keep records and report suspicious transactions to MOKAS without tipping off the client.