"Maryland Real Estate Salesperson Examination", also known as Maryland-Real-Estate-Salesperson exam, is a Real Estate Certification. With the complete collection of questions and answers, BraindumpsPass has assembled to take you through 214 Q&As to your Maryland-Real-Estate-Salesperson Exam preparation. In the Maryland-Real-Estate-Salesperson exam resources, you will cover every field and category in Maryland Real Estate Certification helping to ready you for your successful Real Estate Certification.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Maryland State Portion | 27% | - Supervision
|
| Topic 2: National Portion | 73% | - Transfer of Property
|
1. At the end of this month, Evy will have been paying rent on her ground lease for 15 years. She's decided to give 30 days' notice to the landowner that she plans to buy out the lease. What type of ground lease does Evy have?
A) Irredeemable ground lease
B) Irregular ground lease
C) Regular ground lease
D) Redeemable ground lease
2. Which of the following actions transforms real property into personal property?
A) Annexation
B) Severance
C) Emblements
D) Sale of the property
3. Which of the following scenarios is an example of group boycotting?
A) Agreeing with competitors to not cooperate with another business
B) Segmenting the market to limit competition
C) Making doing business with a client dependent on the client also obtaining services from a related business
D) Setting a standard commission rate with competitors
4. Which of these is a colorless, odorless, radioactive gas that is released when uranium decays?
A) Chlorofluorocarbons
B) Carbon monoxide
C) Polychlorinated biphenyls
D) Radon
5. If you take gross income and deduct operating expenses, what do you get?
A) Net operating income
B) Potential gross income
C) Profit
D) Effective gross income
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A |
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