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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Maryland State Law and Regulations | - Property Disclosure Requirements (e.g., defects, lead-based paint)
- Advertising and Brokerage Practices
- Disciplinary Actions and Enforcement
- Agency Disclosure and Representation in Maryland
- Maryland Real Estate Commission (MREC) Rules and Authority
- Trust Accounts and Handling Client Funds
- Licensing Requirements and Procedures
|
| Topic 2: National Real Estate Principles | - Valuation and Market Analysis
- Agency Relationships and Duties
- Financing
- Contracts
- Property Ownership and Land Use Controls
- Transfer of Title and Closing Procedures
- Real Estate Practice and Fair Housing
- Real Estate Calculations
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
1. The National Fair Housing Alliance believes in promoting the message that neighborhoods are stronger
______ neighborhoods.
A) Gated
B) Transit-oriented
C) Diverse
D) Segregated
2. Disclosing which of the following facts would be considered a fair housing violation?
A) The kitchen was remodeled five years ago.
B) The property has been treated for pests.
C) The roof was replaced last year.
D) The current owner has HIV.
3. Plat of Block 28, Woodmen Heights Tract, recorded in Map Book 27, page 68, at the Elder County Records Office is an example of which essential element of a deed?
A) Habendum clause
B) Consideration
C) Granting clause
D) Legal description
4. In the sales comparison approach, the appropriateness of the various comparable sales in relationship to the subject is considered in a process known as ______, where certain factors may be given more weight.
A) Bracketing
B) Conformity
C) Reconciliation
D) Averaging
5. What must an agent do if they receive an undisclosed bonus from a seller to incentivize closing by a certain date?
A) The agent must disclose the bonus to any buyers they are working with on the transaction.
B) The agent should pay the bonus to the broker.
C) The agent should keep the bonus confidential and not inform the broker.
D) The agent can accept the bonus without any disclosure requirements.
Solutions:
Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: A |