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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. What are PCBs?

A) A chemical compound that occurs naturally in the environment
B) Chemical compounds used in cooling and insulating, mainly in electrical transformers
C) A substance resulting from the decay of uranium
D) A substance that grows due to moisture problems

2. How long does a seller typically have to respond to an offer before the offer expires?

A) 125 days
B) 60 days
C) 90 days
D) 30 days

3. Under which type of buyer agency agreement does a buyer reserve the right to self-represent?

A) Open agency
B) Exclusive agency
C) Personal agency
D) Exclusive right to represent

4. In order for a consumer to make a claim against the Guaranty Fund, what must they have experienced?

A) Embarrassment
B) Pain and suffering
C) Actual monetary damages
D) Inconvenience

5. What type of violation are you committing when you fail to include a material fact or make false or misleading advertising statements?

A) Conflict of interest
B) Misrepresentation
C) Improper brokerage commission
D) Improper delivery of instruments

Solutions: