MRP Cheat Sheet 2026

The 30 highest-yield MRP facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. The practice of a lender refusing to make mortgage loans in certain neighborhoods, regardless of individual applicants' qualifications, is known as: → Redlining
2. What does the acronym TLE stand for in the context of military PCS moves? → Temporary Lodging Expense
3. Which of the following is a hallmark of a military-friendly property management company? → Including military clauses in leases and being familiar with SCRA and BAH guidelines
4. The Home Mortgage Disclosure Act (HMDA) requires lenders to collect and report data primarily to: → Help identify potential discriminatory lending patterns
5. What role do standard operating procedures play in MRP Real Estate Law & Regulations? → Ensuring consistency and quality through documented instructions
6. Which document legally transfers ownership of real property from seller to buyer at closing? → Deed
7. Why is it important to consider military family needs when selling a home? → To provide better support for relocations
8. Which federal law specifically prohibits housing discrimination against individuals with disabilities? → Fair Housing Amendments Act of 1988
9. What is the standard timeframe for SCRA lease termination to take effect after proper written notice is delivered? → 30 days after the next rental payment is due following notice delivery
10. Under the Fair Housing Act, a complaint must be filed with HUD within how many days of the alleged discriminatory act? → 180 days
11. What does PCS stand for in a military relocation context? → Permanent Change of Station
12. What is a needs assessment in MRP Property Valuation & Appraisal practice? → Identifying gaps between current conditions and desired outcomes
13. A service member is considering converting their primary home to a rental upon PCS. Which calculation determines if the rental will cash flow positively? → Monthly rent minus PITI and management fees
14. Which DoD publication is the primary regulatory authority governing all travel and transportation allowances for military members? → Joint Travel Regulations (JTR)
15. The Defense Commissary Agency (DeCA) provides commissary shopping privileges to military families. Which of the following individuals is NOT typically eligible? → Honorably discharged veterans with a service-connected disability rating of 0%
16. Under the Fair Housing Act, which protected class is most directly relevant to military families seeking housing near installations? → Familial status
17. Which entitlement compensates a service member for real estate transaction costs (such as agent commissions and closing costs) when selling a home during a PCS? → Real Estate Transaction Allowance (RETA) / Real Estate Selling Costs Reimbursement
18. What is the typical notice window for receiving CONUS PCS orders before the required report date? → 30–90 days
19. What kind of benefits does the Soldier’s Family Assistance Center offer? → Personal and financial services
20. What role do standard operating procedures play in MRP Marketing & Sales Strategies? → Ensuring consistency and quality through documented instructions
21. Under the Military Homefront guidelines, what is the recommended maximum percentage of gross income a military family should allocate to housing costs? → 28%
22. What is the 'Report Not Later Than' (RNLT) date on PCS orders? → The deadline by which the service member must arrive at the new duty station
23. Under TRID (TILA-RESPA Integrated Disclosure), how many business days before closing must the borrower receive the Closing Disclosure? → 3 business days
24. When a servicemember uses SCRA to terminate a lease, what happens to any prepaid rent paid beyond the effective termination date? → The landlord must refund any prepaid rent for periods beyond the SCRA termination date
25. What is the primary purpose of the Military OneSource program? → Relocation and personal support
26. What is peer review in MRP Property Valuation & Appraisal? → Quality evaluation by qualified colleagues for improvement
27. Which of the following is eligible for the VA home loan guarantee? → Active duty members and veterans
28. A military homeowner receives PCS orders and wants to rent their home rather than sell it. What is the primary tax consideration an MRP should flag? → Rental income is taxable, but mortgage interest and depreciation may be deductible
29. Which scenario most clearly represents a violation of the Fair Housing Act in a military community context? → A landlord refusing to rent to a family because they have three young children
30. What is a key requirement for real estate agents working with military families? → Have knowledge of military benefits