Exam Code: Maryland-Real-Estate-Salesperson
Exam Name: Maryland Real Estate Salesperson Examination
Certification Provider: Real Estate
Corresponding Certification: Maryland Real Estate
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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:

SectionObjectives
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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