Real Estate Maryland Real Estate Salesperson Examination - Maryland-Real-Estate-Salesperson

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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question 1

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

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

Question 2

Why does HUD test for housing discrimination?

A. To uncover hidden discrimination
B. To punish blatant discrimination
C. To educate the public
D. To create revenue through fines

Question 3

Why is it important for a seller to disclose the presence of an old fuel tank on a property?

A. The buyer may want to use the tank.
B. Buyers don't need to know.
C. Older tanks may leak and contaminate the ground.
D. The buyer will need to check if the tank is correctly sized.

Question 4

What responsibility do licensees have regarding household lead hazards?

A. Disclosing that there's lead-based paint to a buyer, even when they don't know for sure it's there
B. Disclosing that there's lead-based paint to a buyer when they know about it
C. Making sure all lead is removed, even if they have to personally remove it
D. Making sure their sellers know how to hide the presence of lead-based paint

Question 5

How do you decide which party you represent in a transaction?

A. It's based on priority. A seller's duties come before a buyer's duties.
B. It's based on compensation. If the seller is paying you, you work for the seller.
C. It's based on the implied agreement between you and the party whom you represent.
D. It's based on the express written agreement between you and the party whom you represent.

Solutions: