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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question 1

What practice did the Fair Housing Act of 1968 attempt to eliminate?

A. Discrimination through blockbusting, steering, and redlining
B. Discrimination based on sexual orientation
C. Discrimination based on source of income
D. Discrimination based on marital status

Question 2

Isabelle just took on a new listing, in which the owner is selling because a new freeway is being built right behind the house. The owner is concerned about the noise and other activity the freeway will bring, but doesn't want prospective buyers to know this. Which action best demonstrates good faith in this scenario?

A. Isabelle takes the listing, tells the seller she won't discuss the new freeway, then discloses this fact to prospective buyers, since it's material to the property.
B. Isabelle takes the listing and, per her client's instructions, doesn't tell prospective buyers about the planned road construction.
C. Isabelle decides not to take the listing, since the property will be impossible to sell.
D. Isabelle tells the owner that this is a material fact related to the property that must be disclosed to prospective buyers, or Isabelle will not take the listing.

Question 3

Cameron had a listing agreement with a client named Ben. Ben got mad at Cameron and said he was terminating the agreement. Can Ben do this?

A. Yes, but certain terms of the agreement may still be binding upon Ben.
B. Only if the property is valued at more than $250,000.
C. Yes, with 30 days' notice.
D. Yes, it's a client's prerogative.

Question 4

Kip is a sub-agent working with a buyer customer, Charlie, for Sheila's listing of May's property. To whom does Kip owe his loyalty?

A. May
B. Charlie
C. Sheila and Charlie
D. Sheila and May

Question 5

What instruments are commonly used to secure the purchase of real property?

A. Deed of trust and promissory note
B. Mortgage and promissory note
C. Mortgage and lease
D. Mortgage and deed of trust

Solutions: