Licensing Examination
A written test given to a propective 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.