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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. In relation to Maryland's PHIFA, if a foreclosure consultant is found to have intentionally violated the law, what's the maximum penalty the consultant may have to pay to a consumer who brings a private action?

A) Actual damages
B) Twice the actual damages
C) Three times the actual damages, plus attorney's fees
D) Actual damages, plus attorney's fees

2. Which of the following is an example of a metes and bounds description?

A) Lot 6 of Block 3 of the Meridian subdivision ...
B) 123 Roanoke Street, Any Town, ST 98765
C) "Beginning at the iron pin 30 paces from the center of the brook that runs across the road Southwesterly from the dwelling ..."
D) S ½ SE ¼ NW ¼ Section 2 ...

3. Carson is purchasing a $600,000 property by obtaining an 80/20 loan. How much is Carson financing?

A) $600,000
B) $420,000
C) $120,000
D) $480,000

4. 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) Four
C) Five
D) Three

5. In terms of encumbrances, what's a license?

A) Process by which a non-owner gains possession of a property after a certain amount of time
B) Permission to alter someone's land or property
C) Permission without possession, interest, or ownership
D) Permission to do something on another's land while also possessing an interest or ownership in the land

Solutions: