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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| National Portion | 73% | - General Principles of Agency
|
| Maryland State Portion | 27% | - Supervision
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
Why is it important for a seller to disclose the presence of an old fuel tank on a property?
- A. Older tanks may leak and contaminate the ground.
- B. The buyer may want to use the tank.
- C. The buyer will need to check if the tank is correctly sized.
- D. Buyers don't need to know.
Correct Answer: A 🗳️
Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).
A negotiable instrument must contain an order to pay or a ______.
- A. Hand written signature
- B. Notary stamp
- C. Flexible sum of money
- D. Promise to pay
Correct Answer: D 🗳️
Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).
The lender will require flood insurance if the home is ________.
- A. Located in a valley
- B. New construction
- C. Located in a flood plain
- D. More than 100 years old
Correct Answer: C 🗳️
Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).
Once signed, the listing agreement is a legally binding contract between
- A. The listing broker and seller
- B. The buyer and seller
- C. The seller and lender
- D. The buyer's agent and seller
Correct Answer: A 🗳️
Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).
What is typically required for a real estate agent to earn a commission from a client?
- A. The client must make an express, written agreement to pay a commission to your broker.
- B. You must express an interest in representing the client.
- C. The client can make a verbal agreement with you.
- D. The client must be a buyer.
Correct Answer: A 🗳️
Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).
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