About this event
Real Estate (added for 2025-26) covers real estate fundamentals, the laws and regulations that govern property, how transactions are financed and closed, the agent and client relationship (agency), and professional ethics. How it runs: this is an individual objective test and nothing else. You take a proctored, online test of 100 multiple-choice questions in 50 minutes. Study materials are not allowed, and a calculator is built into the testing platform. Each correct answer is worth one point with no penalty for wrong answers, and your test score is your result.
FormatObjective Test
Duration50-minute online test, 100 multiple-choice questions
Solo or teamIndividual
CategoryAccounting & Finance
Your plan
How to study
Built from the official topic outline. Take the check and read every lesson here with no account; a free account keeps your progress and opens flashcards, practice and full tests.
Find your weakest area
Take the 5-question check below: one question from each of the 5 areas. It tells you where to start.
Start the checkLearn every area
Every area of the official topic outline is below. Each has a short lesson, flashcards and practice, plus free reading.
See the areasPractice until every bar is full
Practice gives you one question at a time and leans toward the areas you miss. Your readiness meter fills as you get them right in every area.
PracticeTake a full test at the real pace
100 questions in 50 minutes, the official length. Your readiness meter counts your last 3 full tests from the past 30 days, and 90% fills each one.
Take a practice test
The areas of the test
Real Estate Fundamentals
- Reference · Cornell Law School LIICornell LII Wex: real property (opens in a new tab)
- Reference · Cornell Law School LIICornell LII Wex: fee simple (opens in a new tab)
- Reference · U.S. Bureau of Labor StatisticsBLS Occupational Outlook Handbook: Real Estate Brokers and Sales Agents (opens in a new tab)
Laws and Regulations
- Article · U.S. Department of Housing and Urban DevelopmentHUD: Housing Discrimination Under the Fair Housing Act (opens in a new tab)
- Reference · Consumer Financial Protection BureauCFPB: Real Estate Settlement Procedures Act (RESPA) (opens in a new tab)
- Reference · Cornell Law School LIICornell LII Wex: zoning (opens in a new tab)
Real Estate Transactions and Finance
Ethics
- Reference · National Association of REALTORSNational Association of REALTORS: The Code of Ethics (opens in a new tab)
- Book · LibreTextsReal Estate Career Introduction, Sec. 11.2: Ethics and the REALTOR Code of Ethics (opens in a new tab)
- Book · OpenStaxBusiness Ethics, Sec. 1.1: Being a Professional of Integrity (opens in a new tab)
Agency
- Article · National Association of REALTORSNational Association of REALTORS: Consumer Guide, Agency and Non-Agency Relationships (opens in a new tab)
- Book · LibreTextsReal Estate Career Introduction, Sec. 11.1: Real Estate Law (fiduciary duty and agency) (opens in a new tab)
- Reference · Cornell Law School LIICornell LII Wex: agency (opens in a new tab)
Free reading comes from open textbooks, government health and business sites, free courses and professional associations, never a copy of a book or a test. Every link was checked on November 9, 2026.
Start here
Find your weakest area
5 questions, one from each of the areas of the Real Estate test. Each one is graded the moment you answer, with the reason, and the last screen tells you which area to study first. No account needed.
Test day
What to expect
50 minutes, 100 questions
You have 50 minutes to answer 100 multiple-choice questions. Each correct answer is worth one point and there is no penalty for wrong answers, so always fill in your best guess.
Machine-scored
Tests are machine-scored. Questions are drawn from the official FBLA topic outline for this event, across all of its topic areas. Expect a mix of recall (definitions, formulas), application (scenario-based), and analysis questions.
Top scorers advance
Top finishers at regionals advance to states, and top finishers at states qualify for the National Leadership Conference (NLC). How many advance depends on your state's rules. Study the official FBLA topic outline, which lists the subject areas the test covers.
Test format
- Time limit50 minutes
- Questions100 multiple choice
- OptionsA, B, C, D, one correct
- GuessingNo penalty, always answer
- CalculatorBuilt into the test
- IndividualSolo event
Competition levels: Regional Leadership Conference, then State Leadership Conference, then National Leadership Conference
Guidelines and resources
Bookmark to saveCurated by ChapterPrep. Free unless noted. External links open in a new tab.