Guide (New 2026) Actual Real Estate Maryland-Real-Estate-Salesperson Exam Questions [Q27-Q44]

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Guide (New 2026) Actual Real Estate Maryland-Real-Estate-Salesperson Exam Questions

Maryland-Real-Estate-Salesperson Exam Dumps Pass with Updated 2026 Certified Exam Questions

NEW QUESTION 27
A buyer can submit the earnest-money deposit in the form of _______.

A personal check

A post-dated check

A promissory note

Verbal assurance

NEW QUESTION 28
Which of the following financing types involves the sale of personal property with the real property?

Blanket

Package

Security

Wrap-around

NEW QUESTION 29
What type of property is a condominium?

A condo always includes landownership.

A condo has a proprietary lease.

A condo is a multi-family property.

A condo is a single-family property.

NEW QUESTION 30
When a local planning board is reviewing density, it would consider ______.

FHA approval

Impact on neighboring states

Property values

Setbacks and boundaries

NEW QUESTION 31
What does a lender charge a borrower for using the lender’s money?

Discount point

Interest

Principal

Usury

NEW QUESTION 32
What is the typical fine for a violation under certain real estate regulations?

$10,000 per violation

$1,000 per violation

$25,000 per violation

$2,500 per violation

NEW QUESTION 33
When registering a business, which of the following is a correct requirement for naming the business?

They must use a business name, which may not be their own name.

They must use their own name in combination with a nickname.

They must use their own name only.

They must use their own name or their own name in combination with a registered business name.

NEW QUESTION 34
Complete this formula: Net to seller = ______

(100% – commission rate)

Closing costs

Commission rate

Market value

Sales price

NEW QUESTION 35
What practice did the Fair Housing Act of 1968 attempt to eliminate?

Discrimination based on marital status

Discrimination based on sexual orientation

Discrimination based on source of income

Discrimination through blockbusting, steering, and redlining

NEW QUESTION 36
Disclosing which of the following facts would be considered a fair housing violation?

The current owner has HIV.

The kitchen was remodeled five years ago.

The property has been treated for pests.

The roof was replaced last year.

NEW QUESTION 37
Uh-oh. You failed to present an offer on behalf of your client in a timely manner. As a result, the seller accepted a lower offer from another buyer. For which of the following could your buyer sue you?

Fraud

Misrepresentation

Negligence

Puffing

NEW QUESTION 38
Which of the following is one of your duties as a listing agent?

Disclose material facts to the seller only.

Hold confidential all facts from the buyer, even material facts.

Promote your client’s interests throughout the entire transaction.

Secure a profit for your client.

NEW QUESTION 39
How does the income from property taxes benefit the community?

It’s used to build high-end housing.

It’s used to build new shopping malls.

It’s used to determine property tax increases.

It’s used to fund essential services and public works.

NEW QUESTION 40
Which of the following is an example of a metes and bounds description?

123 Roanoke Street, Any Town, ST 98765

“Beginning at the iron pin 30 paces from the center of the brook that runs across the road Southwesterly from the dwelling …”

Lot 6 of Block 3 of the Meridian subdivision …

S ½ SE ¼ NW ¼ Section 2 …

NEW QUESTION 41
Carson is purchasing a $600,000 property by obtaining an 80/20 loan. How much is Carson financing?

$120,000

$420,000

$480,000

$600,000

NEW QUESTION 42
What’s the purpose of testing with regard to fair housing?

To educate applicants

To increase fines on landlords

To punish blatant discrimination

To uncover hidden discrimination

NEW QUESTION 43
Why would a buyer want to know whether any additions or alterations were made to a property?

So the buyer can decide whether a price reduction is in order

So the buyer can determine if permits were pulled

So the buyer can remove these items prior to closing

So the buyer can use the same contractor for additional additions and alterations

NEW QUESTION 44
Which of the following is a method a real estate licensee uses to determine an appropriate listing price range?

Appraisal

Comparative market analysis

Market process

Proforma

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