Licensing Examination

Test given to a prospective Licensee to determine his ability to represent the public.

A written test given to a prospective real estate Broker or salesperson to determine ability to represent the public in a real estate transaction. Most states offer examinations on at least 5 dates each year.
Example: Assessment Systems, Inc. (ASI), Psychological Systems, Inc. (PSI), Applied Measurement Professional (AMP), Experior, and National Assessment Institute (NAI) prepare licensing examinations for most states. Some states prepare their own licensing examination.