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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Maryland State Portion | 27% | - Supervision
|
| National Portion | 73% | - Property Disclosures
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
1. Cameron had a listing agreement with a client named Ben. Ben got mad at Cameron and said he was terminating the agreement. Can Ben do this?
A) Yes, with 30 days' notice.
B) Yes, it's a client's prerogative.
C) Only if the property is valued at more than $250,000.
D) Yes, but certain terms of the agreement may still be binding upon Ben.
2. When registering a business, which of the following is a correct requirement for naming the business?
A) They must use their own name in combination with a nickname.
B) They must use their own name or their own name in combination with a registered business name.
C) They must use their own name only.
D) They must use a business name, which may not be their own name.
3. Joe and Emma Parsons begin informally working with their neighbor Kyle, who's a real estate licensee, to find a bigger house. The parties have not signed any agreements or discussed the arrangements. This is an example of ______ agency.
A) Executory
B) Unspoken
C) Implied
D) Express
4. How does discrimination still occur, even though it's illegal?
A) Not all laws make sense.
B) Discrimination makes good business sense.
C) Discrimination is human nature.
D) Discrimination is often not visible to the public.
5. At a business meeting attended by the heads of the top brokerages in town, the keynote speaker discussed a minimum listing fee. What is this?
A) Tie-in arrangement
B) Price fixing
C) Market allocation
D) Group boycotting
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: B |
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