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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Maryland State Portion | 30% | - Licensure Requirements
|
| Topic 2: National Portion | 80% | - Real Estate Calculations
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
Question 1
What's the purpose of a home inspection?
A. To determine a listing price for the property
B. To help licensees uncover red flags
C. To get a true picture of a property's condition
D. To determine whether the purchase price reflects the property's value
Question 2
Google and "If This, Then That" alerts can assist you with which of the following?
A. Monitoring your online listings for rental scams
B. Guaranteeing that the property owner receives all rental income
C. Removing your listings from a rental website
D. Posting your online listings for rent
Question 3
What entity enforces the Maryland Code of Ethics?
A. The Maryland Association of Real Estate Ethics
B. REALTOR associations
C. COMAR
D. The Maryland Real Estate Commission
Question 4
Why might a property owner avoid paying capital gains tax on a property sale?
A. He didn't file his taxes correctly.
B. He didn't sell the property.
C. He didn't convey the property.
D. He did a tax-deferred exchange.
Question 5
What type of ownership do most corporations use to hold real property?
A. Trust
B. Common
C. Joint tenancy
D. Severalty
Solutions:
| Question 1 Answer: C | Question 2 Answer: A | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: D |
