Exam Name: Maryland Real Estate Salesperson Examination
Certification Provider: Real Estate
Corresponding Certification: Maryland Real Estate
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Instant Download Real Estate : Maryland-Real-Estate-Salesperson Questions & Answers
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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Maryland State Law and Regulations | - Trust Accounts and Handling Client Funds - Maryland Real Estate Commission (MREC) Rules and Authority - Agency Disclosure and Representation in Maryland - Disciplinary Actions and Enforcement - Licensing Requirements and Procedures - Advertising and Brokerage Practices - Property Disclosure Requirements (e.g., defects, lead-based paint) |
| National Real Estate Principles | - Transfer of Title and Closing Procedures - Real Estate Practice and Fair Housing - Real Estate Calculations - Agency Relationships and Duties - Property Ownership and Land Use Controls - Valuation and Market Analysis - Financing - Contracts |
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
Disclosing which of the following facts would be considered a fair housing violation?
- A. The property has been treated for pests.
- B. The roof was replaced last year.
- C. The kitchen was remodeled five years ago.
- D. The current owner has HIV.
Correct Answer: D 🗳️
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
Which of the following refers to a situation where a third party intentionally disrupts a contractual relationship between two parties?
- A. Performing services that would qualify as practice of law
- B. Failure to disclose an agency relationship
- C. Making a substantial and willful misrepresentation
- D. Contractual interference
Correct Answer: D 🗳️
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Octogenarians Gertie and Frank both have advanced Alzheimer's disease and met in Sunset Living, a skilled nursing center for people with advanced Alzheimer's disease, where they're both residents. They fell in love and get hitched, signing a marriage certificate. This is an example of a _____ contract.
- A. An executory
- B. A valid
- C. An invalid
- D. An implied
Correct Answer: C 🗳️
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
Who is typically responsible for paying the commission to a listing agent in a real estate transaction?
- A. The buyer and the licensee
- B. The buyer and the seller
- C. The seller
- D. The buyer
Correct Answer: C 🗳️
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
In order for a consumer to make a claim against the Guaranty Fund, what must they have experienced?
- A. Inconvenience
- B. Actual monetary damages
- C. Embarrassment
- D. Pain and suffering
Correct Answer: B 🗳️
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
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