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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. A negotiable instrument must contain an order to pay or a ______.

A) Flexible sum of money
B) Notary stamp
C) Promise to pay
D) Hand written signature

2. Where should a licensee typically verify the latest regulations and updates regarding real estate practices?

A) On the Real Estate Commission's website
B) With a co-worker of the licensee
C) With the supervising brokerage
D) With the licensee themselves

3. Which term is used to define a search of public records going back at least 60 years to establish a property's title history?

A) Limited search
B) Title examination
C) Correction deed
D) Title report

4. Why are legal descriptions required in real estate contracts?

A) To calculate the exact property taxes owed by the new owner
B) To ensure the piece of property can be clearly identified from all other properties
C) To guarantee the buyer is receiving the exact property they believe they are purchasing
D) To establish the legal boundaries for future construction on the property

5. A first-time home buyer needs to take out a loan to help finance his purchase. What's the first thing he must do once the seller has accepted his offer and the contract has been finalized?

A) Request the settlement date be delayed 30 days
B) Pay off all his credit cards
C) Check his credit score
D) Submit a written application for financing

Solutions: