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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 the following refers to a situation where a third party intentionally disrupts a contractual relationship between two parties?

A) Performing services that would qualify as practice of law
B) Making a substantial and willful misrepresentation
C) Contractual interference
D) Failure to disclose an agency relationship

2. What is the typical fine for a violation under certain real estate regulations?

A) $1,000 per violation
B) $10,000 per violation
C) $25,000 per violation
D) $2,500 per violation

3. Earnest money is sometimes referred to as a "down payment on the ______."

A) Down payment
B) Seller's proceeds
C) Transfer tax
D) Mortgage insurance

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) Bulk zoning
B) Reduction zoning
C) Downzoning
D) Density-reduction zoning

5. Assume you are a licensee in Maryland who has recently entered into an agreement with a seller to represent their interests in a real estate transaction. At what point are you required to provide a potential buyer with the agency disclosure notice?

A) After the buyer deposits the earnest money in escrow
B) After the seller accepts the buyer's offer
C) At your first scheduled face-to-face meeting with the buyer about the seller's property
D) When the buyer asks you to represent them as well

Solutions: