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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Maryland State Portion | 30% | - Duties and Powers of the Real Estate Commission
|
| National Portion | 80% | - Valuation and Market Analysis
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
What might you find in the legal description of a deed?
- A. County clerk's name
- B. Title abstract
- C. Name of developer
- D. Metes and bounds property description
Correct Answer: D 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
What is a claim or lien on a property title that can be monetary or physical?
- A. Encumbrance
- B. Eviction
- C. Appurtenance
- D. Agreement
Correct Answer: A 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
What must an agent do if they receive an undisclosed bonus from a seller to incentivize closing by a certain date?
- A. The agent must disclose the bonus to any buyers they are working with on the transaction.
- B. The agent should keep the bonus confidential and not inform the broker.
- C. The agent should pay the bonus to the broker.
- D. The agent can accept the bonus without any disclosure requirements.
Correct Answer: A 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
The earth's surface, extending downward to the center of the earth and upward to infinity, including permanently attached natural objects, is called ______.
- A. Real estate
- B. Real property
- C. Land
- D. Estate
Correct Answer: C 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
Manny has a client who wants to purchase a commercial building. Manny doesn't have any experience negotiating commercial purchases. Which action should Manny take to demonstrate his good faith and most ethical behavior toward his client?
- A. Continue to work with the client, but not tell the client about his lack of experience.
- B. Tell the client about his inexperience, but say that he'd like to continue the relationship and will consult with a professional commercial broker throughout the transaction.
- C. Continue to work with the client, but secretly consult with a commercial broker when he has questions.
- D. Decide to no longer represent the client.
Correct Answer: B 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
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