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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Maryland State Law and Regulations | - Trust Accounts and Handling Client Funds - Disciplinary Actions and Enforcement - Property Disclosure Requirements (e.g., defects, lead-based paint) - Advertising and Brokerage Practices - Maryland Real Estate Commission (MREC) Rules and Authority - Agency Disclosure and Representation in Maryland - Licensing Requirements and Procedures |
| Topic 2: National Real Estate Principles | - Transfer of Title and Closing Procedures - Valuation and Market Analysis - Agency Relationships and Duties - Real Estate Practice and Fair Housing - Real Estate Calculations - Contracts - Financing - Property Ownership and Land Use Controls |
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
1. Which of the following refers to a situation where a third party intentionally disrupts a contractual relationship between two parties?
A) Contractual interference
B) Making a substantial and willful misrepresentation
C) Failure to disclose an agency relationship
D) Performing services that would qualify as practice of law
2. What is self-dealing?
A) Profiting from the purchase of a property
B) Profiting from the sale of a property
C) Insinuating your interest into a contract
D) Having undisclosed personal interest in a transaction
3. Homeowners can take several actions related to pest infestations, but which of the following actions should be left to licensed pest management professionals?
A) Installing a vapor barrier
B) Removing moisture from the home
C) Applying pesticides
D) Looking for signs of an infestation
4. What, when signed by all parties to a sales contract, changes the original terms of the contract?
A) Addendum
B) Appurtenance
C) Amendment
D) Annexation
5. Before you sign an exclusive right to sell agreement with a seller, what must you do?
A) Market the property.
B) List the property.
C) Provide a pro forma.
D) Explain the option of the exclusive agency agreement.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |

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