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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| National Real Estate Principles | - Real Estate Practice and Fair Housing - Transfer of Title and Closing Procedures - Real Estate Calculations - Valuation and Market Analysis - Property Ownership and Land Use Controls - Financing - Contracts - Agency Relationships and Duties |
| Maryland State Law and Regulations | - Licensing Requirements and Procedures - Maryland Real Estate Commission (MREC) Rules and Authority - Disciplinary Actions and Enforcement - Trust Accounts and Handling Client Funds - Advertising and Brokerage Practices - Agency Disclosure and Representation in Maryland - Property Disclosure Requirements (e.g., defects, lead-based paint) |
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
A landlord locks a tenant out and requires the tenant to pay past-due rent before regaining access to the unit.
This is considered:
- A. Personal possession lien process
- B. Termination
- C. Illegal
- D. Constructive eviction
Correct Answer: C 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Which of the following is an example of a development cost?
- A. Local density zoning rules
- B. Crime rates
- C. Lower unemployment
- D. Increased demand on infrastructure
Correct Answer: D 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Risks to computer systems can be reduced by avoiding public networks, sites, and suspicious sites.
- A. Encrypted
- B. Unsecure
- C. All
- D. Secure
Correct Answer: B 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
What is it called when a person who has possession of a property through a life estate abuses the property or allows it to deteriorate?
- A. Reversionary interest
- B. Estate at sufferance
- C. Escheat
- D. Act of waste
Correct Answer: D 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
In order for a consumer to make a claim against the Guaranty Fund, what must they have experienced?
- A. Actual monetary damages
- B. Embarrassment
- C. Inconvenience
- D. Pain and suffering
Correct Answer: A 🗳️
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