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

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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Which of the following refers to a situation where a third party intentionally disrupts a contractual relationship between two parties?

A) Making a substantial and willful misrepresentation
B) Contractual interference
C) Failure to disclose an agency relationship
D) Performing services that would qualify as practice of law

2. In a real estate transaction, what's a real estate licensee's responsibility regarding household lead hazards for homes built before 1978?

A) To remind the sellers to disclose the possible presence of lead-based paint to a buyer
B) To make sure all lead is removed by a licensed professional
C) To disclose to buyers that there's lead-based paint in a home
D) To instruct the seller to remediate the lead-based paint

3. Which of the following is an example of positive misrepresentation?

A) An agent knowingly made a false statement that caused harm.
B) An inadvertent error occurred.
C) It results in a positive outcome.
D) An agent made an unintentional error that resulted in a positive outcome.

4. Which type of events are generally on a title insurance policy's schedule of exceptions?

A) Claims that were filed in the public record before a title insurance policy's effective date
B) Liens or encumbrances that aren't in the public record
C) Claims from an owner with an unrecorded deed
D) Mechanic's liens filed prior to a title insurance policy's effective date

5. Appraiser Niles uses ________ to determine a range of values based on comparing a subject property to comparable sales. He makes sure to use some comparables that lack features of his subject property, and others that have even more desirable features, to balance out the comparison.

A) Correlation
B) Competition
C) Bracketing
D) Substituting

Solutions: