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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Dan is buying Chuck's property, which is listed with Nevin's brokerage. Who are the parties to the exclusive right-to-sell listing agreement?

A) Dan, Chuck, and Nevin
B) Dan and Nevin
C) Chuck and Nevin's brokerage
D) Dan and Chuck

2. Why would licensees use the MAAP method?

A) To calculate their gross commission for a transaction
B) To report another licensee for an ethics violation
C) To establish whether or not a fair housing violation has occurred
D) To determine which property facts they need to disclose

3. Which of the following is one of your duties as a listing agent?

A) Promote your client's interests throughout the entire transaction.
B) Hold confidential all facts from the buyer, even material facts.
C) Disclose material facts to the seller only.
D) Secure a profit for your client.

4. Which of these is an example of a lot-and-block description?

A) S ½ SE ¼ NW ¼ Section 2 ...
B) 123 Roanoke Street Any Town, ST 98765
C) Lot 6 of Block 3 of the East Subdivision plat as recorded in Map Book 18, Page 11 at the Recorder of Deeds
D) "Beginning at the iron pin 30 paces from the center of the brook that runs across the road southwesterly from the dwelling ..."

5. Property ownership for an indeterminable length of time is an example of what form of estate?

A) Freehold
B) Leasehold
C) Periodic
D) Homestead

Solutions: