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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Which of these items should real estate professionals help first-time buyers and buyers who have experienced recent credit issues to understand?

A) Rental options and high-risk loan products
B) High-risk loan products
C) Appropriate financing
D) Rental options

2. Which type of antitrust violation involves two or more businesses conspiring against another business?

A) Group boycotting
B) Market allocation
C) Price fixing
D) Tie-in arrangement

3. Real property ownership may offer significant tax advantages. Which one of the following is a potential advantage?

A) Insurance expenses
B) Transfer tax
C) Depreciation
D) Taxable gains

4. Supply and demand determine the competitive environment. Which of the following is a true statement?

A) When there are more homes on the market, buyers hold the negotiating power.
B) When there are more homes on the market, sellers can demand more for their property.
C) When there are more homes on the market, buyers can't be picky.
D) When there are more homes on the market, it drives prices upward.

5. Kip is a sub-agent working with a buyer customer, Charlie, for Sheila's listing of May's property. To whom does Kip owe his loyalty?

A) Sheila and Charlie
B) May
C) Charlie
D) Sheila and May

Solutions: