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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Why was the Civil Rights Act of 1866 monumental among fair housing and antidiscrimination laws?

A) It abolished slavery.
B) It provided no exceptions for discrimination based on race or color.
C) It was adopted by the United Nations.
D) It added sexual orientation as a protected class.

2. Janice's life tenant, Jacob, is currently living on her property. Once Jacob dies, Janice has arranged for the property to be given to the School for the Gifted. What interest does the School for the Gifted currently have?

A) Ownership
B) Reversionary
C) Remainder
D) Possession

3. Which of the following is an example of positive misrepresentation?

A) An inadvertent error occurred.
B) It results in a positive outcome.
C) An agent made an unintentional error that resulted in a positive outcome.
D) An agent knowingly made a false statement that caused harm.

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

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

5. To calculate the sales price before commission, which formula should you use if you know the sales price after commission and the commission rate?

A) Sales price × (100% - commission rate)
B) (Net amount + mortgage or other expenses) ÷ (100% - commission rate)
C) Sales price ÷ (100% - commission rate)
D) Sales price - (100% - commission rate)

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