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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Which of the following refers to a situation where a third party intentionally disrupts a contractual relationship between two parties?

A) Making a substantial and willful misrepresentation
B) Performing services that would qualify as practice of law
C) Failure to disclose an agency relationship
D) Contractual interference

2. A buyer representation agreement is similar to which document used when representing a seller?

A) A seller's net sheet
B) A consumer notice
C) A listing agreement
D) A seller disclosure

3. What practice did the Fair Housing Act of 1968 attempt to eliminate?

A) Discrimination based on marital status
B) Discrimination through blockbusting, steering, and redlining
C) Discrimination based on source of income
D) Discrimination based on sexual orientation

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

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

5. Which loan type is a fixed-rate mortgage where the monthly principal payments increase over time, according to a set schedule?

A) Growing equity
B) Negative amortization
C) Blanket
D) Pledged account

Solutions: