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: Oct 07, 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:
Question #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
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #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.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #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.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #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
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #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.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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