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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question #1

Which of the following is true about USDA loans?

  • A. They're for rural housing loans only.
  • B. They mirror the requirements for conventional loans.
  • C. Loan terms may be as long as 38 years.
  • D. They're for farm loans only.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #2

A property is conveyed to an individual until that individual's death, when the property will be conveyed to another party. What type of estate is this?

  • A. Leasehold estate
  • B. Life estate
  • C. Fee simple estate
  • D. Homestead estate
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #3

In which type of lease does the tenant pay some or all expenses separately?

  • A. Net lease
  • B. Percentage lease
  • C. Gross lease
  • D. Sublease
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #4

One of Mrs. Wilson's tenants is leaving in a few months. She hates to see this particular tenant go because he has been an ideal tenant-always paying his rent on time, keeping his place clean, and never a complaint.
Unlike so many of her other tenants, this tenant deserves to get back his security deposit. By law, when must Mrs. Wilson return the deposit to her tenant?

  • A. Within one month of the lease ending.
  • B. Within two weeks of the lease ending.
  • C. Within 45 days of the lease ending.
  • D. Within two months of the lease ending.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #5

When a client understands what dual agency is and agrees in writing to allow a firm to act as a dual agent for them in a real estate transaction, this is known as ________.

  • A. Mutual agreement
  • B. Representation by proxy
  • C. Double dipping
  • D. Informed consent
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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