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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question 1

Who is typically responsible for paying the commission to a listing agent in a real estate transaction?

A. The buyer and the seller
B. The seller
C. The buyer and the licensee
D. The buyer

Question 2

What's the area of a rectangular building that's 40 feet by 20 feet?

A. 80 square feet
B. 800 feet
C. 80 feet
D. 800 square feet

Question 3

What must an agent do if they receive an undisclosed bonus from a seller to incentivize closing by a certain date?

A. The agent should keep the bonus confidential and not inform the broker.
B. The agent can accept the bonus without any disclosure requirements.
C. The agent must disclose the bonus to any buyers they are working with on the transaction.
D. The agent should pay the bonus to the broker.

Question 4

Isabelle just took on a new listing, in which the owner is selling because a new freeway is being built right behind the house. The owner is concerned about the noise and other activity the freeway will bring, but doesn't want prospective buyers to know this. Which action best demonstrates good faith in this scenario?

A. Isabelle tells the owner that this is a material fact related to the property that must be disclosed to prospective buyers, or Isabelle will not take the listing.
B. Isabelle takes the listing, tells the seller she won't discuss the new freeway, then discloses this fact to prospective buyers, since it's material to the property.
C. Isabelle takes the listing and, per her client's instructions, doesn't tell prospective buyers about the planned road construction.
D. Isabelle decides not to take the listing, since the property will be impossible to sell.

Question 5

Which of the following is one of your duties as a listing agent?

A. Secure a profit for your client.
B. Hold confidential all facts from the buyer, even material facts.
C. Promote your client's interests throughout the entire transaction.
D. Disclose material facts to the seller only.

Solutions: