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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Maryland real estate licensees should be aware that, in addition to the federally protected classes, the state's fair housing laws also prohibit discrimination based on the protected classes of _______.

A) Marital status, sexual orientation, gender identity, and source of income
B) Smokers, students, and the elderly
C) Students, retired persons, and the unemployed
D) Gun owners and military status

2. What type of agency exists because of the actions and behavior of the parties?

A) Express agency
B) Action agency
C) Behavioral agency
D) Implied agency

3. In order for an owner-occupant of a building with rental units to reject applicants based on sex, marital status, gender identity, and/or sexual orientation, they must not own more than how many rental units in a building?

A) Two
B) Five
C) Three
D) Four

4. What is self-dealing?

A) Having undisclosed personal interest in a transaction
B) Insinuating your interest into a contract
C) Profiting from the sale of a property
D) Profiting from the purchase of a property

5. What items go into the seller's credit column and the buyer's debit column when calculating prorations?

A) Prepaid property taxes
B) Home inspection fees
C) The buyer's loan amount
D) Unpaid property taxes

Solutions: