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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Maryland State Portion | 30% | - Duties and Powers of the Real Estate Commission
|
| National Portion | 80% | - Leasing and Property Management
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
Which of the following financing types involves the sale of personal property with the real property?
- A. Wrap-around
- B. Security
- C. Package
- D. Blanket
Correct Answer: C 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
In the sales comparison approach, the appropriateness of the various comparable sales in relationship to the subject is considered in a process known as ______, where certain factors may be given more weight.
- A. Reconciliation
- B. Bracketing
- C. Averaging
- D. Conformity
Correct Answer: A 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
What happens when a married couple who owns a property as tenants by the entirety divorce?
- A. Their ownership rights terminate.
- B. Their ownership changes to tenants in common.
- C. They become joint tenants with right of survivorship.
- D. The one who records title first gets the property.
Correct Answer: B 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
Which of the following is an example of a metes and bounds description?
- A. Lot 6 of Block 3 of the Meridian subdivision ...
- B. 123 Roanoke Street, Any Town, ST 98765
- C. "Beginning at the iron pin 30 paces from the center of the brook that runs across the road Southwesterly from the dwelling ..."
- D. S ½ SE ¼ NW ¼ Section 2 ...
Correct Answer: C 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
Jorge is a dual agent in a single-license dual agency situation. He owes his clients all of the following fiduciary duties EXCEPT.
- A. honesty
- B. disclosure
- C. reasonable skill and care
- D. undivided loyalty
Correct Answer: D 🗳️
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