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Maryland-Real-Estate-Salesperson PDF Practice Q&A's

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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: National Portion80%- Practice of Real Estate
  • 1. Fair Housing
  • 2. Licensing Laws
- Land Use Controls and Regulations
  • 1. Private Controls
  • 2. Government Rights in Land
- Property Disclosures
  • 1. Material Defects
  • 2. Environmental Issues
- Financing
  • 1. Financial Instruments
  • 2. Government Programs
  • 3. Types of Loans
- Leasing and Property Management
  • 1. Lease Types
  • 2. Management Agreements
- Valuation and Market Analysis
  • 1. Market Analysis
  • 2. Appraisal Methods
- Real Estate Calculations
  • 1. Mathematical Concepts
- Transfer of Title
  • 1. Title Insurance
  • 2. Closing Processes
  • 3. Deeds
- General Principles of Agency
  • 1. Agency Relationships
  • 2. Duties and Responsibilities
- Property Ownership
  • 1. Personal Property
  • 2. Classes of Property
  • 3. Real Property
- Contracts
  • 1. Types of Contracts
  • 2. Contract Law
Topic 2: Maryland State Portion30%- Duties and Powers of the Real Estate Commission
  • 1. Commission Authority
  • 2. Licensing Procedures
- Maryland-Specific Laws and Regulations
  • 1. Agency Laws
  • 2. State Real Estate Code
- Licensure Requirements
  • 1. Continuing Education
  • 2. Eligibility Criteria

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. If a consumer wants to file a deceptive ad complaint, which entity should be contacted?

A) The BBB
B) The Department of Justice
C) The FBI
D) The local police department


2. Jorge is a dual agent in a single-license dual agency situation. He owes his clients all of the following fiduciary duties EXCEPT.

A) reasonable skill and care
B) undivided loyalty
C) honesty
D) disclosure


3. Why would licensees use the MAAP method?

A) To establish whether or not a fair housing violation has occurred
B) To determine which property facts they need to disclose
C) To report another licensee for an ethics violation
D) To calculate their gross commission for a transaction


4. Homes built before 1978 may have what environmental hazard in their paint?

A) Lead
B) Asbestos
C) Arsenic
D) Radiation


5. Which term is used to define a search of public records going back at least 60 years to establish a property's title history?

A) Title report
B) Correction deed
C) Title examination
D) Limited search


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: A
Question # 5
Answer: C

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