Real Estate Maryland-Real-Estate-Salesperson : Maryland Real Estate Salesperson Examination

  • Exam Code: Maryland-Real-Estate-Salesperson
  • Exam Name: Maryland Real Estate Salesperson Examination
  • Updated: Aug 25, 2026   Q&As: 214 Questions and Answers

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

SectionWeightObjectives
Topic 1: National Portion73%- Financing
  • 1. Mortgage types and lending regulations
  • 2. Loan qualification and underwriting
  • 3. Closing and settlement procedures
  • 4. Government loan programs (FHA, VA, USDA)
- Transfer of Property
  • 1. Deeds and title transfer
  • 2. Title insurance and recording
  • 3. Closing process and documents
- Property Ownership
  • 1. Real and personal property
  • 2. Encumbrances and easements
  • 3. Land characteristics and legal descriptions
  • 4. Forms of ownership
- Real Estate Calculations
  • 1. Prorations and closing costs
  • 2. Commission and fee calculations
  • 3. Area and volume measurements
- Property Disclosures
  • 1. Environmental disclosures
  • 2. Lead-based paint and other federal requirements
  • 3. Property condition disclosures
- General Principles of Agency
  • 1. Termination of agency
  • 2. Fiduciary duties and obligations
  • 3. Agency relationships and creation
  • 4. Agency disclosure requirements
- Practice of Real Estate
  • 1. Advertising and business practices
  • 2. Fair housing laws and anti-discrimination
  • 3. Escrow and trust account management
- Contracts
  • 1. Purchase and sale agreements
  • 2. Elements of valid contracts
  • 3. Contract contingencies and remedies
  • 4. Listing and buyer representation contracts
- Valuation and Market Analysis
  • 1. Comparative market analysis
  • 2. Factors affecting property value
  • 3. Appraisal principles and methods
- Land Use Controls and Regulations
  • 1. Public controls: zoning, building codes, environmental laws
  • 2. Private controls: deed restrictions, HOA rules
Topic 2: Maryland State Portion27%- Brokerage Relationships
  • 1. Disclosure forms and requirements
  • 2. Maryland agency definitions and rules
  • 3. Duties to clients and customers
- Ethics
  • 1. Conflicts of interest
  • 2. Professional standards and conduct
  • 3. Confidentiality and disclosure
- Supervision
  • 1. Compliance oversight
  • 2. Office management and record keeping
  • 3. Broker responsibility for licensees
- Business Conduct
  • 1. Trust fund handling
  • 2. Unlawful practices and prohibited acts
  • 3. Advertising regulations
- Licensing Requirements
  • 1. Eligibility and education requirements
  • 2. License types and scope of authority
  • 3. Application and renewal procedures
- Duties and Powers of the Real Estate Commission
  • 1. Disciplinary actions and penalties
  • 2. Commission structure and authority
  • 3. Rulemaking and enforcement

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Why would a buyer want to know whether any additions or alterations were made to a property?

A) So the buyer can remove these items prior to closing
B) So the buyer can decide whether a price reduction is in order
C) So the buyer can determine if permits were pulled
D) So the buyer can use the same contractor for additional additions and alterations


2. In what type of agency does a licensee have limited authority to act on behalf of a client buying or selling a property?

A) A universal agent
B) A designated agent
C) A special agent
D) A general agent


3. Real property ownership may offer significant tax advantages. Which one of the following is a potential advantage?

A) Depreciation
B) Taxable gains
C) Insurance expenses
D) Transfer tax


4. Species habitat, beauty, erosion control, and pollution treatment are all reasons why wetlands are __________.

A) Protected
B) Not valuable resources
C) Developed
D) Not regulated


5. How does discrimination still occur, even though it's illegal?

A) Discrimination makes good business sense.
B) Discrimination is often not visible to the public.
C) Discrimination is human nature.
D) Not all laws make sense.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: B

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