Real Estate Maryland-Real-Estate-Salesperson Valid Test : Maryland Real Estate Salesperson Examination

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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. ________ pay earnest money to solidify their commitment to completing a real estate transaction.

A) Lenders
B) Sellers
C) Brokers
D) Buyers

2. Which photograph of a home for sale should not be published for public viewing?

A) An exterior photo showcasing the pool and outdoor kitchen/bar area
B) A photo of the billiards room that reveals the owner's collection of antique guns
C) A wide-angle photo of the renovated kitchen that makes the area look larger than it really is
D) A photo of the master bathroom that also shows the photographer's arm reflected in the mirror

3. _____ is a process in which an appraiser determines a probable range of values for a property by comparing a group of comparable sales to the subject. The appraiser attempts to include both superior and inferior units of comparison, such as age and transaction price.

A) Bracketing
B) Substituting
C) Bridging
D) Surrounding

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

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

5. What's the purpose of a listing agreement in Maryland?

A) To specify the agreement between the listing broker and the seller
B) To guarantee a sale
C) To bind the seller to one agent
D) To guarantee payment for the listing agent

Solutions: