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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  • Q & A: 214 Questions and Answers
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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:

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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question #1

Ellen and Sadie signed an agreement to list Sadie's condo for sale. After the contract was signed, Sadie's father, Grant, offered to pay Ellen's commission as a housewarming present. Sadie's mom and stepdad, Linda and Rick, also chipped in. Who is Ellen's client?

  • A. Sadie
  • B. Grant
  • C. Linda
  • D. Rick
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

Which of the following actions transforms real property into personal property?

  • A. Annexation
  • B. Sale of the property
  • C. Severance
  • D. Emblements
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

Which act gives companies the right to sue a competitor for making deceptive ad claims?

  • A. The Truth in Advertising Act
  • B. The Lanham Act
  • C. The Gramm-Leach-Bliley Act
  • D. The Privacy Act
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

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

  • A. The economic health of a city 200 miles away
  • B. The passage of federal legislation
  • C. The neighboring states
  • D. The aesthetics of a community
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Correct Answer: D  🗳️

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Question #5

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
  • C. The seller
  • D. The buyer and the seller
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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