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

Maryland-Real-Estate-Salesperson real exams

Exam Code: Maryland-Real-Estate-Salesperson

Exam Name: Maryland Real Estate Salesperson Examination

Updated: Aug 07, 2026

Q & A: 214 Questions and Answers

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

SectionWeightObjectives
Maryland State Portion27%- Ethics
  • 1. Confidentiality and disclosure
  • 2. Professional standards and conduct
  • 3. Conflicts of interest
- Brokerage Relationships
  • 1. Maryland agency definitions and rules
  • 2. Disclosure forms and requirements
  • 3. Duties to clients and customers
- Business Conduct
  • 1. Unlawful practices and prohibited acts
  • 2. Trust fund handling
  • 3. Advertising regulations
- Licensing Requirements
  • 1. Eligibility and education requirements
  • 2. Application and renewal procedures
  • 3. License types and scope of authority
- Duties and Powers of the Real Estate Commission
  • 1. Disciplinary actions and penalties
  • 2. Commission structure and authority
  • 3. Rulemaking and enforcement
- Supervision
  • 1. Compliance oversight
  • 2. Office management and record keeping
  • 3. Broker responsibility for licensees
National Portion73%- Transfer of Property
  • 1. Deeds and title transfer
  • 2. Closing process and documents
  • 3. Title insurance and recording
- General Principles of Agency
  • 1. Agency disclosure requirements
  • 2. Fiduciary duties and obligations
  • 3. Agency relationships and creation
  • 4. Termination of agency
- Contracts
  • 1. Elements of valid contracts
  • 2. Purchase and sale agreements
  • 3. Listing and buyer representation contracts
  • 4. Contract contingencies and remedies
- Practice of Real Estate
  • 1. Fair housing laws and anti-discrimination
  • 2. Advertising and business practices
  • 3. Escrow and trust account management
- Financing
  • 1. Government loan programs (FHA, VA, USDA)
  • 2. Mortgage types and lending regulations
  • 3. Closing and settlement procedures
  • 4. Loan qualification and underwriting
- Land Use Controls and Regulations
  • 1. Private controls: deed restrictions, HOA rules
  • 2. Public controls: zoning, building codes, environmental laws
- Property Disclosures
  • 1. Property condition disclosures
  • 2. Lead-based paint and other federal requirements
  • 3. Environmental disclosures
- Property Ownership
  • 1. Encumbrances and easements
  • 2. Forms of ownership
  • 3. Real and personal property
  • 4. Land characteristics and legal descriptions
- Real Estate Calculations
  • 1. Commission and fee calculations
  • 2. Prorations and closing costs
  • 3. Area and volume measurements
- Valuation and Market Analysis
  • 1. Appraisal principles and methods
  • 2. Factors affecting property value
  • 3. Comparative market analysis

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. With what loan program or programs can a borrower obtain 100% financing?

A) USDA and FHA
B) USDA and VA
C) FHA and VA
D) FHA, VA, and USDA


2. Assume you are a licensee in Maryland who has recently entered into an agreement with a seller to represent their interests in a real estate transaction. At what point are you required to provide a potential buyer with the agency disclosure notice?

A) After the seller accepts the buyer's offer
B) At your first scheduled face-to-face meeting with the buyer about the seller's property
C) When the buyer asks you to represent them as well
D) After the buyer deposits the earnest money in escrow


3. A licensee wants to meet with her potential buyer clients face-to-face in her office. What's her reason for doing this?

A) She wants to sell the buyers on a local neighborhood that she likes.
B) She wants to run a credit check on the buyers.
C) She wants the buyers to meet her office mate.
D) She wants to make sure the buyers are serious about purchasing.


4. What type of violation are you committing when you fail to include a material fact or make false or misleading advertising statements?

A) Conflict of interest
B) Misrepresentation
C) Improper brokerage commission
D) Improper delivery of instruments


5. Which comments field in an MLS listing may contain gate, lockbox, and security code information with the seller's written permission?

A) Private
B) Seller
C) Public
D) General


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: A

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