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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Which of these items should real estate professionals help first-time buyers and buyers who have experienced recent credit issues to understand?

A) Rental options and high-risk loan products
B) Appropriate financing
C) Rental options
D) High-risk loan products

2. When a lower-quality property is adjacent to a higher-quality property, it can diminish the value of the higher- quality property. What economic principle of value is this?

A) Progression
B) Anticipation
C) Regression
D) Contribution

3. Which of these statements about cooperating with other licensees is true?

A) Licensees must cooperate with and compensate other licensees, even if it's not in their client's best interest.
B) Licensees must cooperate with other licensees when it is in the interest of their client, and share the commission on a previously agreed-upon basis.
C) Licensees must cooperate with other licensees, even if it is not in their client's best interest.
D) Licensees must compensate other licensees.

4. Which of the following is used to protect the buyer from title defects after closing?

A) Buyer title insurance policy
B) Chain of title
C) Attorney's opinion of title
D) Abstract of title

5. 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) Real estate
C) Estate
D) Land

Solutions: