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

SectionObjectives
Topic 1: National Real Estate Principles- Agency Relationships and Duties
- Financing
- Contracts
- Valuation and Market Analysis
- Real Estate Practice and Fair Housing
- Real Estate Calculations
- Transfer of Title and Closing Procedures
- Property Ownership and Land Use Controls
Topic 2: Maryland State Law and Regulations- Property Disclosure Requirements (e.g., defects, lead-based paint)
- Licensing Requirements and Procedures
- Disciplinary Actions and Enforcement
- Agency Disclosure and Representation in Maryland
- Advertising and Brokerage Practices
- Maryland Real Estate Commission (MREC) Rules and Authority
- Trust Accounts and Handling Client Funds

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question #1

Which of the following is true about USDA loans?

  • A. They're for farm loans only.
  • B. They mirror the requirements for conventional loans.
  • C. Loan terms may be as long as 38 years.
  • D. They're for rural housing loans only.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #2

What are emblements considered to be?

  • A. Personal property
  • B. Land
  • C. Real property
  • D. A subsurface right
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Correct Answer: A  🗳️

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Question #3

What's the primary purpose of bulk zoning?

  • A. To allow warehouse facilities in residential areas
  • B. To increase density
  • C. To restrict density
  • D. To keep like properties together
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Correct Answer: C  🗳️

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Question #4

Activities that restrain trade and reduce competition and choices for consumers are considered to be what kind of violations?

  • A. License law
  • B. Fair housing
  • C. Agency law
  • D. Antitrust
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Correct Answer: D  🗳️

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Question #5

Members of the Maryland Real Estate Commission serve _______ -year terms.

  • A. Five
  • B. Four
  • C. Two
  • D. Six
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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