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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Maryland State Portion | 30% | - Maryland-Specific Laws and Regulations
|
| National Portion | 80% | - Transfer of Title
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
1. Ralph leases 1,000 square feet in a large warehouse. The lease agreement requires him to pay portions of the landlord's taxes, insurance, and maintenance, in addition to the amount he pays to lease the space. What type of lease does Ralph have?
A) Triple net lease
B) Percentage lease
C) Operating stop lease
D) Gross lease
2. Who is typically responsible for paying the commission to a listing agent in a real estate transaction?
A) The buyer and the licensee
B) The seller
C) The buyer
D) The buyer and the seller
3. What does REO stand for?
A) Rental equality ownership
B) Rental equal opportunity
C) Real estate-owned
D) Real estate office
4. What's the purpose of testing with regard to fair housing?
A) To punish blatant discrimination
B) To educate applicants
C) To increase fines on landlords
D) To uncover hidden discrimination
5. Which of the following is used to protect the buyer from title defects after closing?
A) Chain of title
B) Attorney's opinion of title
C) Buyer title insurance policy
D) Abstract of title
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |






