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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| National Portion | 80% | - Valuation and Market Analysis
|
| Maryland State Portion | 30% | - Licensure Requirements
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
Which of the following is a material fact that must be disclosed to prospective buyers?
- A. A lead-based paint disclosure must be included since the home was built in 1957.
- B. A previous owner had HIV.
- C. A previous homeowner had Ebola.
- D. A house has had more than ten owners.
Correct Answer: A 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
What's the purpose of a home inspection?
- A. To determine a listing price for the property
- B. To determine whether the purchase price reflects the property's value
- C. To get a true picture of a property's condition
- D. To help licensees uncover red flags
Correct Answer: C 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
Which statement best represents how dual agency is impacted by teams in Maryland?
- A. The broker may serve as an ICA along with a team member.
- B. The dual agent may be part of the same team as the ICAs.
- C. The broker may designate ICAs from within a team, with the broker or office manager serving as the dual agent.
- D. Dual agency isn't allowed within real estate teams.
Correct Answer: C 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
Which zoning practice involves changing the zoning of an area to allow for less intensive development, such as reducing the number of units or building size?
- A. Density-reduction zoning
- B. Downzoning
- C. Reduction zoning
- D. Bulk zoning
Correct Answer: B 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
What's used to calculate the housing debt-to-income ratio and total debt-to-income ratio?
- A. Operating income
- B. After-tax income
- C. Gross income
- D. Net income
Correct Answer: C 🗳️
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