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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. What type of license will you receive if you have a supervising broker at the time of application?

A) Inactive license
B) Active license
C) Broker's license
D) Firm license

2. How should all compensation related to real estate transactions be handled according to real estate law?

A) Salespeople can receive compensation directly from mortgage brokers or title representatives.
B) Compensation can be handled privately between agents without broker involvement.
C) Compensation must be channeled through the salesperson's broker.
D) All compensation must go directly to the salesperson from the seller or buyer.

3. Which of the following actions transforms real property into personal property?

A) Severance
B) Sale of the property
C) Annexation
D) Emblements

4. Google and "If This, Then That" alerts can assist you with which of the following?

A) Removing your listings from a rental website
B) Posting your online listings for rent
C) Monitoring your online listings for rental scams
D) Guaranteeing that the property owner receives all rental income

5. Joe and Emma Parsons begin informally working with their neighbor Kyle, who's a real estate licensee, to find a bigger house. The parties have not signed any agreements or discussed the arrangements. This is an example of ______ agency.

A) Executory
B) Unspoken
C) Express
D) Implied

Solutions: