Real Estate Maryland-Real-Estate-Salesperson Q&A - in .pdf

  • Maryland-Real-Estate-Salesperson pdf
  • Exam Code: Maryland-Real-Estate-Salesperson
  • Exam Name: Maryland Real Estate Salesperson Examination
  • Updated: Aug 23, 2026
  • Q & A: 214 Questions and Answers
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Maryland-Real-Estate-Salesperson Practice Dumps

Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
SectionWeightObjectives
Maryland State Portion27%- Business Conduct
  • 1. Unlawful practices and prohibited acts
  • 2. Advertising regulations
  • 3. Trust fund handling
- Supervision
  • 1. Broker responsibility for licensees
  • 2. Compliance oversight
  • 3. Office management and record keeping
- Ethics
  • 1. Professional standards and conduct
  • 2. Confidentiality and disclosure
  • 3. Conflicts of interest
- Duties and Powers of the Real Estate Commission
  • 1. Commission structure and authority
  • 2. Disciplinary actions and penalties
  • 3. Rulemaking and enforcement
- Brokerage Relationships
  • 1. Duties to clients and customers
  • 2. Disclosure forms and requirements
  • 3. Maryland agency definitions and rules
- Licensing Requirements
  • 1. Application and renewal procedures
  • 2. Eligibility and education requirements
  • 3. License types and scope of authority
National Portion73%- Transfer of Property
  • 1. Deeds and title transfer
  • 2. Title insurance and recording
  • 3. Closing process and documents
- Valuation and Market Analysis
  • 1. Factors affecting property value
  • 2. Appraisal principles and methods
  • 3. Comparative market analysis
- Real Estate Calculations
  • 1. Prorations and closing costs
  • 2. Area and volume measurements
  • 3. Commission and fee calculations
- Financing
  • 1. Closing and settlement procedures
  • 2. Loan qualification and underwriting
  • 3. Government loan programs (FHA, VA, USDA)
  • 4. Mortgage types and lending regulations
- Property Ownership
  • 1. Land characteristics and legal descriptions
  • 2. Real and personal property
  • 3. Encumbrances and easements
  • 4. Forms of ownership
- Property Disclosures
  • 1. Property condition disclosures
  • 2. Lead-based paint and other federal requirements
  • 3. Environmental disclosures
- Contracts
  • 1. Contract contingencies and remedies
  • 2. Elements of valid contracts
  • 3. Listing and buyer representation contracts
  • 4. Purchase and sale agreements
- Practice of Real Estate
  • 1. Escrow and trust account management
  • 2. Advertising and business practices
  • 3. Fair housing laws and anti-discrimination
- General Principles of Agency
  • 1. Termination of agency
  • 2. Agency disclosure requirements
  • 3. Fiduciary duties and obligations
  • 4. Agency relationships and creation
- Land Use Controls and Regulations
  • 1. Public controls: zoning, building codes, environmental laws
  • 2. Private controls: deed restrictions, HOA rules
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. What's the purpose of testing with regard to fair housing?

A) To increase fines on landlords
B) To educate applicants
C) To punish blatant discrimination
D) To uncover hidden discrimination


2. Which of the following is one of your duties as a listing agent?

A) Promote your client's interests throughout the entire transaction.
B) Hold confidential all facts from the buyer, even material facts.
C) Secure a profit for your client.
D) Disclose material facts to the seller only.


3. What happens when a married couple who owns a property as tenants by the entirety divorce?

A) Their ownership changes to tenants in common.
B) They become joint tenants with right of survivorship.
C) Their ownership rights terminate.
D) The one who records title first gets the property.


4. Local real estate developments, such as a new subdivision, will likely impact the ______ most.

A) The passage of federal legislation
B) The economic health of a city 200 miles away
C) The neighboring states
D) The aesthetics of a community


5. What type of property is a condominium?

A) A condo is a multi-family property.
B) A condo is a single-family property.
C) A condo always includes landownership.
D) A condo has a proprietary lease.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: D
Question # 5
Answer: A

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