Free Practice Questions for Guyana Real Estate Salesperson Exam

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Sample Guyana Real Estate Salesperson Exam Practice Questions

Try these sample questions to review concepts for the Guyana Real Estate Salesperson Exam exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under the Tax Act, Chapter 80:01, every person (other than an auctioneer) who carries on the business of a house agent for the sale of immovable property in Guyana must do what before operating lawfully?

A.Register only with the Guyana Real Estate Agents Authority

B.Take out an annual House Agent Licence from the Guyana Revenue Authority

C.Pass a one-time examination with no further obligation

D.Obtain a permit from the Deeds Registry

Explanation: Section 29 of the Tax Act, Chapter 80:01, requires every person, other than an auctioneer, who acts as a house agent or commission agent for the sale of houses, tenements or immovable property to take out an annual licence. This Real Estate (House Agent) Licence is issued by the Guyana Revenue Authority (GRA) and must be renewed every year.

2How frequently must a Real Estate (House Agent) Licence in Guyana be renewed?

A.Once every five years

B.Once every three years

C.Annually

D.Only when the agent changes employer

Explanation: The House Agent Licence issued by the GRA under the Tax Act is an annual licence and must be renewed each year for the agent to continue carrying on business lawfully.

3Which body was established to regulate real estate agents and brokers, set a code of conduct, and run disciplinary proceedings under the Real Estate Agents and Brokers Act, No. 13 of 2023?

A.The Deeds and Commercial Registries Authority

B.The Guyana Real Estate Agents Authority

C.The Special Organised Crime Unit

D.The Guyana Revenue Authority

Explanation: The Real Estate Agents and Brokers Act, No. 13 of 2023, establishes the Guyana Real Estate Agents Authority to register and license agents and brokers, set a code of conduct, and conduct disciplinary proceedings through a Disciplinary Committee.

4Guyana operates two parallel systems of land ownership. Under the older Roman-Dutch system, the document that proves absolute ownership of land is called a:

A.Certificate of Title

B.Transport

C.Lease agreement

D.Agreement of sale

Explanation: Under the Roman-Dutch system used for most older Guyanese properties, ownership is held by a Transport, a formal deed registered at the Deeds Registry that confers full and absolute (freehold-equivalent) ownership.

5Under Guyana's Torrens land registration system (introduced in 1963), the document evidencing ownership is the:

A.Transport

B.Certificate of Title

C.Deed of gift

D.Bill of sale

Explanation: The Torrens system, introduced in Guyana in 1963, records ownership in a register and issues a Certificate of Title. It coexists with the Roman-Dutch transport system, so different properties may be held under either regime.

6A conveyance of property held by transport must be advertised in the Official Gazette. What is the main purpose of this advertisement?

A.To set the asking price for the property

B.To give persons with an interest the chance to file a notice of opposition before the conveyance passes

C.To collect property tax from the buyer

D.To register the real estate agent's commission

Explanation: The Deeds Registry Act requires every conveyance of transport property to be advertised in the Official Gazette so that anyone claiming an interest, such as a creditor or a person with a competing claim, can file a notice of opposition before the conveyance is passed.

7Which of the following is a recognised ground on which a person may file a notice of opposition to the passing of a transport?

A.Dislike of the new buyer

B.Undisturbed possession of the land for more than twelve years

C.The property being advertised in the wrong newspaper

D.The buyer not being a Guyanese citizen

Explanation: Recognised grounds for opposition include holding a transport, having an agreement of sale, having undisturbed possession of the land in excess of twelve years (prescriptive interest), or being owed a debt by the transportee. Undisturbed possession exceeding twelve years is therefore a valid ground.

8In Guyana, prescriptive (squatter's) title to land can generally be claimed after a person has had undisturbed, open possession for at least how long?

A.Six years

B.Twelve years

C.Twenty-five years

D.Three years

Explanation: Prescriptive title in Guyana generally requires undisturbed, open and uninterrupted possession of land for more than twelve years. The same twelve-year possession can found a notice of opposition to a transport.

9A salesperson tells a buyer that a property has clean title, but a title search reveals an undischarged mortgage. What should the salesperson have done before making the representation?

A.Relied solely on the seller's verbal assurance

B.Ensured a proper title search was conducted at the Deeds or Land Registry

C.Assumed all older properties are free of encumbrances

D.Asked the buyer to take the risk

Explanation: An agent must take reasonable care to verify title before representing it as clean. A title search at the Deeds Registry (for transport) or the Land Registry (for certificate of title) reveals mortgages, liens and other encumbrances that must be disclosed and addressed before sale.

10When a salesperson is engaged by a seller to market a property, the seller is best described in agency law as the:

A.Sub-agent

B.Principal

C.Third party

D.Fiduciary

Explanation: In an agency relationship, the party who appoints the agent and on whose behalf the agent acts is the principal. The agent owes fiduciary duties to the principal, including loyalty, disclosure and obedience to lawful instructions.

About the Guyana Real Estate Salesperson Exam Exam

The Guyana Real Estate Salesperson Pre-Licence Examination is the course final assessment a candidate sits before obtaining a Real Estate House Agent Licence in Guyana. It tests practical real estate knowledge and Guyanese law, including agency duties and ethics, the transport and certificate-of-title systems, the Deeds Registry and opposition process, contracts and conveyancing, valuation, financing and anti-money-laundering obligations.

Exam sponsor: Guyana School of Real Estate (pre-licence course); the House Agent Licence is issued by the Guyana Revenue Authority under the Tax Act.. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

A multiple-choice pre-licence course final examination covering Guyana real estate practice and law. The exact number of questions is set by the training provider; this free bank provides 100 single-best-answer practice questions.

Time Limit

Set by the training provider; many pre-licence finals allow around 2 hours. Confirm with your school.

Passing Score

Commonly 75% on the pre-licence course final examination before proceeding toward a Real Estate House Agent Licence. Confirm the current standard with your provider.

Exam / Certification Fees

Pre-licence course tuition is set by the training school and varies. The annual House Agent Licence costs G$32,500, set by the GRA and subject to change.

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Official sources

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

21%

Agency Law and Ethics

Principal and agent duties, fiduciary loyalty, disclosure, confidentiality, dual agency, conflicts, client funds and termination of agency.

16%

Guyana Land Title and Registration

Transport vs certificate of title, Roman-Dutch and Torrens systems, the Deeds Registry, Gazette advertisement, opposition, prescriptive title, leases and easements.

17%

Fair Dealing and AML

Honesty, non-discrimination, misrepresentation, material-fact disclosure, customer due diligence, suspicious activity, the FIU, SOCU and CFATF.

11%

House Agent Licensing

The Tax Act House Agent Licence, GRA Licence Revenue Office, annual renewal, the Real Estate Agents and Brokers Act 2023, code of conduct and discipline.

Listing and Sale Process

Listing agreements, verifying ownership and authority, commission, conveyancing by attorneys and pre-completion searches.

Contracts

Agreements of sale, the writing requirement, deposits, conditions, vacant possession, breach, remedies, co-ownership and power of attorney.

Financing and Mortgages

Mortgages as security, affordability, loan-to-value, valuation for lending, default, stamp duty and property tax.

Valuation Basics

Market value, sales comparison, cost and income approaches, comparative market analysis, substitution and highest and best use.

Preparing for the Guyana Real Estate Salesperson Exam Exam

What You Need to Know

Passing score: Commonly 75% on the pre-licence course final examination before proceeding toward a Real Estate House Agent Licence. Confirm the current standard with your provider.
Assessment: A multiple-choice pre-licence course final examination covering Guyana real estate practice and law. The exact number of questions is set by the training provider; this free bank provides 100 single-best-answer practice questions.
Time limit: Set by the training provider; many pre-licence finals allow around 2 hours. Confirm with your school.
Exam / certification fees: Pre-licence course tuition is set by the training school and varies. The annual House Agent Licence costs G$32,500, set by the GRA and subject to change. Official sources

Using Our Practice Resources

Work through all 100 available questions
Review every answer and explanation
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Guyana Real Estate Salesperson Exam: Suggested Study Strategy

1Master the Guyana-specific land law first, especially the difference between transport and certificate of title and the Gazette advertisement and opposition process, since these distinguish the Guyanese exam from generic real estate tests.

2Drill agency and ethics scenarios, because fiduciary duties, disclosure of material facts, dual agency and handling client deposit funds together form the largest share of questions and reward applied judgment.

3Do not neglect the licensing and AML topics: know the annual House Agent Licence under the Tax Act, the Real Estate Agents and Brokers Act 2023 Authority, and customer due diligence and suspicious-activity reporting to the FIU.

Frequently Asked Questions

What is the Guyana Real Estate Salesperson Pre-Licence Examination?

It is the multiple-choice course final examination a candidate sits at a real estate training school, such as the Guyana School of Real Estate, before proceeding toward obtaining a Real Estate House Agent Licence in Guyana. It covers real estate practice and Guyanese land and agency law.

Do I need a licence to work as a real estate agent in Guyana?

Yes. Under the Tax Act, Chapter 80:01, a person carrying on the business of a house agent must take out an annual Real Estate (House Agent) Licence from the Guyana Revenue Authority, which costs G$32,500 and is renewed each year. The Real Estate Agents and Brokers Act 2023 also provides for registration and conduct standards.

What passing score do I need?

The pre-licence course final examination is commonly set at a 75% pass mark before a candidate proceeds toward a House Agent Licence. The exact standard is set by your training provider, so confirm it with your school and aim comfortably above 75% in practice.

What is the difference between a transport and a certificate of title in Guyana?

Guyana runs two parallel systems. Under the older Roman-Dutch system, ownership is held by a transport recorded at the Deeds Registry; under the Torrens system introduced in 1963, ownership is evidenced by a certificate of title at the Land Registry. The system that applies determines the transfer procedure.