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Instant Download Real Estate : Maryland-Real-Estate-Salesperson Questions & Answers as PDF & Test Engine

Maryland-Real-Estate-Salesperson
  • Exam Code: Maryland-Real-Estate-Salesperson
  • Exam Name: Maryland Real Estate Salesperson Examination
  • Updated: Oct 05, 2026
  • No. of Questions: 214 Questions and Answers
  • Download Limit: Unlimited
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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:

SectionWeightObjectives
National Portion73%- General Principles of Agency
  • 1. Agency relationships and creation
  • 2. Fiduciary duties and obligations
  • 3. Termination of agency
  • 4. Agency disclosure requirements
- Contracts
  • 1. Purchase and sale agreements
  • 2. Elements of valid contracts
  • 3. Contract contingencies and remedies
  • 4. Listing and buyer representation contracts
- Land Use Controls and Regulations
  • 1. Public controls: zoning, building codes, environmental laws
  • 2. Private controls: deed restrictions, HOA rules
- Valuation and Market Analysis
  • 1. Factors affecting property value
  • 2. Appraisal principles and methods
  • 3. Comparative market analysis
- Transfer of Property
  • 1. Title insurance and recording
  • 2. Deeds and title transfer
  • 3. Closing process and documents
- Financing
  • 1. Mortgage types and lending regulations
  • 2. Closing and settlement procedures
  • 3. Loan qualification and underwriting
  • 4. Government loan programs (FHA, VA, USDA)
- Practice of Real Estate
  • 1. Escrow and trust account management
  • 2. Fair housing laws and anti-discrimination
  • 3. Advertising and business practices
- Property Ownership
  • 1. Encumbrances and easements
  • 2. Forms of ownership
  • 3. Land characteristics and legal descriptions
  • 4. Real and personal property
- Property Disclosures
  • 1. Lead-based paint and other federal requirements
  • 2. Property condition disclosures
  • 3. Environmental disclosures
- Real Estate Calculations
  • 1. Area and volume measurements
  • 2. Commission and fee calculations
  • 3. Prorations and closing costs
Maryland State Portion27%- Business Conduct
  • 1. Advertising regulations
  • 2. Unlawful practices and prohibited acts
  • 3. Trust fund handling
- Brokerage Relationships
  • 1. Maryland agency definitions and rules
  • 2. Duties to clients and customers
  • 3. Disclosure forms and requirements
- Licensing Requirements
  • 1. Eligibility and education requirements
  • 2. License types and scope of authority
  • 3. Application and renewal procedures
- Duties and Powers of the Real Estate Commission
  • 1. Disciplinary actions and penalties
  • 2. Commission structure and authority
  • 3. Rulemaking and enforcement
- Supervision
  • 1. Broker responsibility for licensees
  • 2. Office management and record keeping
  • 3. Compliance oversight
- Ethics
  • 1. Professional standards and conduct
  • 2. Confidentiality and disclosure
  • 3. Conflicts of interest

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Once signed, the listing agreement is a legally binding contract between

  • A. The buyer and seller
  • B. The seller and lender
  • C. The buyer's agent and seller
  • D. The listing broker and seller
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Complete this formula: Net to seller = ______

  • A. Market value
  • B. (100% - commission rate)
  • C. Closing costs
  • D. Sales price
  • E. Commission rate
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for BraindumpsPass 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. Estate
  • C. Land
  • D. Real property
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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What is the term for paying off a loan over time?

  • A. Mortgage
  • B. Installment
  • C. Loan
  • D. Amortization
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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What's the area of a rectangular building that's 40 feet by 20 feet?

  • A. 800 feet
  • B. 80 square feet
  • C. 800 square feet
  • D. 80 feet
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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