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

Maryland-Real-Estate-Salesperson

Exam Code: Maryland-Real-Estate-Salesperson

Exam Name: Maryland Real Estate Salesperson Examination

Updated: Sep 19, 2026

Q&A Number: 214 Q&As

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

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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question #1
In what type of lease does the landlord pay taxes, maintenance, and insurance?

A. Gross lease
B. Triple net lease
C. Percentage lease
D. Net lease


Question #2
When operating under a power of attorney concerning the transfer of real property, who may sign in place of the principal?

A. Principal
B. County clerk
C. Grantee
D. Agent


Question #3
What does REO stand for?

A. Real estate office
B. Rental equality ownership
C. Rental equal opportunity
D. Real estate-owned


Question #4
Which zoning practice involves changing the zoning of an area to allow for less intensive development, such as reducing the number of units or building size?

A. Downzoning
B. Density-reduction zoning
C. Reduction zoning
D. Bulk zoning


Question #5
Why does HUD test for housing discrimination?

A. To educate the public
B. To punish blatant discrimination
C. To create revenue through fines
D. To uncover hidden discrimination


Solutions:

Question #1
Correct Answer: A
Question #2
Correct Answer: D
Question #3
Correct Answer: D
Question #4
Correct Answer: A
Question #5
Correct Answer: D

Related Certifications
Massachusetts Real Estate
New Jersey Real Estate
Maryland Real Estate
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