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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| National Real Estate Principles | - Financing - Valuation and Market Analysis - Agency Relationships and Duties - Transfer of Title and Closing Procedures - Real Estate Calculations - Contracts - Real Estate Practice and Fair Housing - Property Ownership and Land Use Controls |
| Maryland State Law and Regulations | - Property Disclosure Requirements (e.g., defects, lead-based paint) - Agency Disclosure and Representation in Maryland - Maryland Real Estate Commission (MREC) Rules and Authority - Disciplinary Actions and Enforcement - Advertising and Brokerage Practices - Licensing Requirements and Procedures - Trust Accounts and Handling Client Funds |
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
1. What's the area of a rectangular building that's 40 feet by 20 feet?
A) 800 feet
B) 800 square feet
C) 80 feet
D) 80 square feet
2. Ellen and Sadie signed an agreement to list Sadie's condo for sale. After the contract was signed, Sadie's father, Grant, offered to pay Ellen's commission as a housewarming present. Sadie's mom and stepdad, Linda and Rick, also chipped in. Who is Ellen's client?
A) Sadie
B) Grant
C) Linda
D) Rick
3. Shelly buys Mark's house, which is still in an option period with Monique. Monique decides to exercise her option after Shelly moves in. What will happen?
A) Shelly and Mark must form a new option agreement.
B) Mark will have to refund Monique's option fee.
C) Nothing will happen, as long as Shelly has a fully executed sales contract with Mark.
D) Shelly will have to sell the house to Monique.
4. Homes built before 1978 may have what environmental hazard in their paint?
A) Lead
B) Arsenic
C) Radiation
D) Asbestos
5. Who is typically responsible for paying the commission to a listing agent in a real estate transaction?
A) The seller
B) The buyer and the seller
C) The buyer
D) The buyer and the licensee
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |





