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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question 1

________ can be defined as everything that's not real property.

A. Real estate
B. Private property
C. Land property
D. Personal property

Question 2

Sandra enters a contract to sell her home to Paul. Under the statute of frauds, the written contract must name the contracting parties, identify the subject matter of the contract, and ________.

A. Achieve a result that is fair to all parties
B. Be handwritten
C. Be signed by two or more attorneys
D. Present the essential terms and conditions of the contract

Question 3

A deed must be ______ before it can be recorded.

A. Transferred
B. Acknowledged
C. Conveyed
D. Verified

Question 4

What must an agent do if they receive an undisclosed bonus from a seller to incentivize closing by a certain date?

A. The agent should pay the bonus to the broker.
B. The agent must disclose the bonus to any buyers they are working with on the transaction.
C. The agent can accept the bonus without any disclosure requirements.
D. The agent should keep the bonus confidential and not inform the broker.

Question 5

Complete this formula: Net to seller = ______

A. (100% - commission rate)
B. Commission rate
C. Closing costs
D. Market value
E. Sales price

Solutions: