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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% | - Financing
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
Property ownership for an indeterminable length of time is an example of what form of estate?
- A. Periodic
- B. Leasehold
- C. Freehold
- D. Homestead
Correct Answer: C 🗳️
Explanation: Only visible for GuideTorrent members. You can sign-up / login (it's free).
Before you sign an exclusive right to sell agreement with a seller, what must you do?
- A. Market the property.
- B. List the property.
- C. Provide a pro forma.
- D. Explain the option of the exclusive agency agreement.
Correct Answer: D 🗳️
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What happens when a married couple who owns a property as tenants by the entirety divorce?
- A. The one who records title first gets the property.
- B. Their ownership rights terminate.
- C. They become joint tenants with right of survivorship.
- D. Their ownership changes to tenants in common.
Correct Answer: D 🗳️
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In a real estate transaction, who does a licensee represent?
- A. A client or customer
- B. A client
- C. A principal or customer
- D. A customer
Correct Answer: B 🗳️
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Which term refers to a permitted deviation from current zoning restrictions that allows an owner to use land for a purpose that's otherwise prohibited, and requires the owner to prove the zoning creates an unnecessary hardship?
- A. Use variance
- B. Property variance
- C. Special use permit
- D. Moratorium
Correct Answer: A 🗳️
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