Real Estate Maryland-Real-Estate-Salesperson : Maryland Real Estate Salesperson Examination

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Exam Code: Maryland-Real-Estate-Salesperson

Exam Name: Maryland Real Estate Salesperson Examination

Updated: Sep 06, 2026

Q & A: 214 Questions and Answers

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

Question 1

What type of violation are you committing when you fail to include a material fact or make false or misleading advertising statements?

A. Misrepresentation
B. Conflict of interest
C. Improper brokerage commission
D. Improper delivery of instruments


Question 2

Which of these situations would result in the earnest money being disbursed to the seller?

A. The escrow agent converts the earnest money.
B. The buyer backs out when the appraisal comes in too low to satisfy the contingency.
C. The seller gets cold feet and cancels the transaction.
D. The buyer includes hard money in the purchase offer, then terminates the sale when the appraisal comes in low.


Question 3

How many approaches to value do appraisers generally use?

A. One
B. Three
C. Four
D. Two


Question 4

________ pay earnest money to solidify their commitment to completing a real estate transaction.

A. Brokers
B. Lenders
C. Sellers
D. Buyers


Question 5

How does discrimination still occur, even though it's illegal?

A. Not all laws make sense.
B. Discrimination makes good business sense.
C. Discrimination is human nature.
D. Discrimination is often not visible to the public.


Solutions:

Question 1
Answer: A
Question 2
Answer: D
Question 3
Answer: B
Question 4
Answer: D
Question 5
Answer: D

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