Real Estate Maryland Real Estate Salesperson Examination : Maryland-Real-Estate-Salesperson

Maryland-Real-Estate-Salesperson real exams

Exam Code: Maryland-Real-Estate-Salesperson

Exam Name: Maryland Real Estate Salesperson Examination

Updated: Sep 12, 2026

Q & A: 214 Questions and Answers

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

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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question #1

What's the primary purpose of bulk zoning?

  • A. To allow warehouse facilities in residential areas
  • B. To increase density
  • C. To keep like properties together
  • D. To restrict density
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

The earth's surface, extending downward to the center of the earth and upward to infinity, including permanently attached natural objects, is called ______.

  • A. Real property
  • B. Estate
  • C. Land
  • D. Real estate
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

Isabelle just took on a new listing, in which the owner is selling because a new freeway is being built right behind the house. The owner is concerned about the noise and other activity the freeway will bring, but doesn't want prospective buyers to know this. Which action best demonstrates good faith in this scenario?

  • A. Isabelle takes the listing, tells the seller she won't discuss the new freeway, then discloses this fact to prospective buyers, since it's material to the property.
  • B. Isabelle decides not to take the listing, since the property will be impossible to sell.
  • C. Isabelle takes the listing and, per her client's instructions, doesn't tell prospective buyers about the planned road construction.
  • D. Isabelle tells the owner that this is a material fact related to the property that must be disclosed to prospective buyers, or Isabelle will not take the listing.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

If you take gross income and deduct operating expenses, what do you get?

  • A. Profit
  • B. Effective gross income
  • C. Potential gross income
  • D. Net operating income
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #5

A veteran licensee always has a face-to-face meeting before he works with any buyer. What might be a good reason for this?

  • A. To build trust and rapport
  • B. To get the buyer's FICO score, credit report, and tax receipts
  • C. To look the buyer in the eye to see if the buyer is hiding anything
  • D. To determine the buyer's ethnicity
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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