Maryland-Real-Estate-Salesperson Practice Questions

A.  

On the Real Estate Commission’s website

B.  

With a co-worker of the licensee

C.  

With the licensee themselves

D.  

With the supervising brokerage

A.  

Continue to work with the client, but not tell the client about his lack of experience.

B.  

Continue to work with the client, but secretly consult with a commercial broker when he has questions.

C.  

Decide to no longer represent the client.

D.  

Tell the client about his inexperience, but say that he'd like to continue the relationship and will consult with a professional commercial broker throughout the transaction.

A.  

Both are acting as intra-company agents.

B.  

Both are acting as special agents.

C.  

The buyer agent is acting as a general agent and the seller agent is acting as an assigned agent.

D.  

The buyer agent is acting as a special agent and the seller agent is acting as an appointed agent.

A.  

Located in a flood plain

B.  

Located in a valley

C.  

More than 100 years old

D.  

New construction

A.  

To determine a listing price for the property

B.  

To determine whether the purchase price reflects the property's value

C.  

To get a true picture of a property's condition

D.  

To help licensees uncover red flags

A.  

C corporation

B.  

Partnership

C.  

S corporation

D.  

Syndicate

A.  

Land property

B.  

Personal property

C.  

Private property

D.  

Real estate

A.  

FHA and VA

B.  

FHA, VA, and USDA

C.  

USDA and FHA

D.  

USDA and VA

A.  

800 feet

B.  

800 square feet

C.  

80 feet

D.  

80 square feet

A.  

Discrimination is human nature.

B.  

Discrimination is often not visible to the public.

C.  

Discrimination makes good business sense.

D.  

Not all laws make sense.