Real Estate Maryland-Real-Estate-Salesperson Valid Dump : Maryland Real Estate Salesperson Examination

Maryland-Real-Estate-Salesperson real exams

Exam Code: Maryland-Real-Estate-Salesperson

Exam Name: Maryland Real Estate Salesperson Examination

Updated: Sep 06, 2026

Q & A: 214 Questions and Answers

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

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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question 1

When assigning a contract, what should the assignor ensure is permitted in the purchase contract?

A. A due-on-sale clause
B. Termination
C. Assignability
D. Acceleration


Question 2

What are PCBs?

A. A substance that grows due to moisture problems
B. Chemical compounds used in cooling and insulating, mainly in electrical transformers
C. A substance resulting from the decay of uranium
D. A chemical compound that occurs naturally in the environment


Question 3

Which of the following is one of your duties as a listing agent?

A. Secure a profit for your client.
B. Disclose material facts to the seller only.
C. Hold confidential all facts from the buyer, even material facts.
D. Promote your client's interests throughout the entire transaction.


Question 4

Which type of antitrust violation involves two or more businesses conspiring against another business?

A. Tie-in arrangement
B. Market allocation
C. Group boycotting
D. Price fixing


Question 5

Jorge is a dual agent in a single-license dual agency situation. He owes his clients all of the following fiduciary duties EXCEPT.

A. reasonable skill and care
B. undivided loyalty
C. disclosure
D. honesty


Solutions:

Question 1
Answer: C
Question 2
Answer: B
Question 3
Answer: D
Question 4
Answer: C
Question 5
Answer: B

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