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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. In what type of agency does a licensee have limited authority to act on behalf of a client buying or selling a property?

A) A universal agent
B) A general agent
C) A designated agent
D) A special agent

2. Radon has natural origins and is a colorless, odorless, radioactive gas that's released when ______ decays.

A) Lead
B) Uranium
C) Kryptonite
D) Radonite

3. A statement such as "This is a dream home with the best views in town" made by a licensee is an example of what?

A) Intentional misrepresentation
B) Positive misrepresentation
C) A lie
D) Puffery

4. Manny has a client who wants to purchase a commercial building. Manny doesn't have any experience negotiating commercial purchases. Which action should Manny take to demonstrate his good faith and most ethical behavior toward his client?

A) Tell the client about his inexperience, but say that he'd like to continue the relationship and will consult with a professional commercial broker throughout the transaction.
B) Continue to work with the client, but not tell the client about his lack of experience.
C) Continue to work with the client, but secretly consult with a commercial broker when he has questions.
D) Decide to no longer represent the client.

5. Why would licensees use the MAAP method?

A) To determine which property facts they need to disclose
B) To report another licensee for an ethics violation
C) To calculate their gross commission for a transaction
D) To establish whether or not a fair housing violation has occurred

Solutions: