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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. When must the consent for dual agency be reaffirmed by the parties to the transaction?

A) After the buyer has deposited earnest money
B) Prior to the inspection
C) Prior to the parties entering into the contract for the transaction
D) Once the contract has been signed by all parties

2. What type of property is a condominium?

A) A condo has a proprietary lease.
B) A condo is a single-family property.
C) A condo always includes landownership.
D) A condo is a multi-family property.

3. Which of the following is an example of a development cost?

A) Lower unemployment
B) Increased demand on infrastructure
C) Local density zoning rules
D) Crime rates

4. When assigning a contract, what should the assignor ensure is permitted in the purchase contract?

A) A due-on-sale clause
B) Termination
C) Acceleration
D) Assignability

5. 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) Moratorium
C) Special use permit
D) Property variance

Solutions: