Amazon
Avaya
Cisco
CompTIA
CrowdStrike
EC-Council
EXIN
Fortinet
Google
ISC
ISC2
ITIL
Juniper
Microsoft
NVIDIA
Okta
Palo Alto Networks
Salesforce
All Vendors
  1. Home
  2. Real Estate Licensing
  3. Maryland-Real-Estate-Salesperson

Real Estate Licensing Maryland-Real-Estate-Salesperson Exam (page: 1)
Real Estate Licensing Maryland Real Estate Salespersonination
Updated on: 07-Feb-2026

Viewing Page 1 of 15
Maryland-Real-Estate-Salesperson PDF 110 Questions

Members of the Maryland Real Estate Commission serve _______ -year terms.

  1. Five
  2. Four
  3. Six
  4. Two

Answer(s): B

Explanation:

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

According to the Maryland Real Estate Brokers Act, which governs the Maryland Real Estate Commission (MREC), the Commission consists of nine members appointed by the Governor of Maryland with the advice and consent of the Senate. Each member serves a four-year term and may remain in office until a successor is appointed and qualified. Members may be reappointed for additional terms.

The composition of the Commission is as follows:

Five licensed real estate professionals, each representing one of Maryland's five geographic regions.

Four consumer members, who are not licensed real estate professionals and have no substantial financial interest in the real estate industry.

This organizational and term structure ensures both professional and public representation within the Commission's regulatory activities. The information is directly derived from Title 17 of the Business Occupations and Professions Article, §17-202 of the Annotated Code of Maryland -- the same statute summarized in the Maryland 60-Hour Principles and Practices of Real Estate Pre-

Licensing Course under the "Maryland License Law and Regulations" section.

Reference (Maryland Source):

Maryland Business Occupations and Professions Article, Title 17, §17-202 ­ Maryland Real Estate Commission; Membership; Terms.



In relation to appraisals, what is a "federally related transaction"?

  1. An appraisal that a federally licensed appraiser conducts
  2. A real estate transaction in which a federal financial agency or regulatory authority is involved
  3. A transaction involving the sale of government secrets
  4. A transaction in which financing is obtained from foreign investors

Answer(s): B

Explanation:

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

A federally related transaction is defined as any real estate-related financial transaction that involves a federal financial institution regulator, such as the Federal Deposit Insurance Corporation (FDIC), Federal Reserve, Office of the Comptroller of the Currency (OCC), or any transaction intended for sale to a government-sponsored enterprise like Fannie Mae or Freddie Mac.

Under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), federal agencies require that real estate appraisals used in federally related transactions be performed by state-licensed or state-certified appraisers.

In Maryland's 60-Hour Pre-Licensing Course, this concept is taught within the "Real Estate Appraisal and Valuation" topic to ensure future licensees understand when a certified appraisal is legally mandated. The course emphasizes that federally related transactions generally include:

The sale, lease, purchase, investment, or exchange of real property.

The financing, refinancing, or use of real property as security for a loan.

Transactions regulated by federal financial agencies.

Therefore, the correct definition of a federally related transaction is a real estate transaction in which a federal financial agency or regulatory authority is involved.

Reference (Maryland and Federal Sources):

Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course ­ "Real Estate Appraisal and Valuation" Module (Appraisal Standards Section)

Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), Title XI ­ Appraisal Standards

12 U.S.C. § 3350 ­ Definitions (Federally Related Transaction)



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

  1. Disclose material facts to the seller only.
  2. Hold confidential all facts from the buyer, even material facts.
  3. Promote your client's interests throughout the entire transaction.
  4. Secure a profit for your client.

Answer(s): C

Explanation:

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

Under Maryland Agency Law (Business Occupations and Professions Article, Title 17, Subtitle 5), a listing agent represents the seller and owes the seller the fiduciary duties of loyalty, obedience, disclosure, confidentiality, reasonable care, and accounting.

A primary fiduciary obligation is to promote the interests of the client at all times during the transaction, as outlined in the Maryland Real Estate Commission's Agency Disclosure materials.

While the listing agent must disclose all material facts to all parties (facts that affect value or desirability), the agent's duty of loyalty and advocacy is owed to the seller client.

Therefore, the correct answer is that a listing agent must promote the client's interests throughout the entire transaction.


Reference:

Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course ­ "Real Estate Brokerage and the Law of Agency" Module

Md. Business Occupations and Professions Article, Title 17, §17-532 ­ Duties of a Licensee

Representing a Seller or Landlord.



What happens when a married couple who owns a property as tenants by the entirety divorce?

  1. Their ownership changes to tenants in common.
  2. Their ownership rights terminate.
  3. The one who records title first gets the property.
  4. They become joint tenants with right of survivorship.

Answer(s): A

Explanation:

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

Tenancy by the entirety is a special form of ownership available only to married couples in Maryland. It provides each spouse with an equal, undivided interest and includes the right of survivorship--if one spouse dies, the surviving spouse automatically owns the entire property.

However, when the couple divorces, the marriage relationship--essential for this ownership form-- no longer exists. The law automatically converts the ownership to tenancy in common, unless otherwise specified in the divorce decree or a subsequent agreement.


Reference:

Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course ­ "Forms of Real Estate Ownership" Section

Maryland Real Property Article, § 2-117 ­ Estates by Entirety; Effect of Divorce.



________ can be defined as everything that's not real property.

  1. Land property
  2. Personal property
  3. Private property
  4. Real estate

Answer(s): B

Explanation:

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

Personal property (also known as chattel) refers to movable items that are not permanently attached to the land or the improvements on it.

Examples include furniture, vehicles, and trade equipment. In contrast, real property includes land, improvements, and the legal rights associated with ownership.

The distinction between real and personal property is a core principle of real estate law covered early in the Maryland 60-Hour Course under "Real Property and the Law."


Reference:

Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course ­ "Real Property and the Law" Module

Common Law Property Definitions recognized by the Maryland Real Estate Commission.



The cost approach to finding an appraised value measures which of the following?

  1. The cost to acquire land and construct a reproduction
  2. The cost to acquire land only
  3. The cost to construct a reproduction only
  4. The expenses the property is expected to produce for the owner

Answer(s): A

Explanation:

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

The cost approach to appraisal is based on the principle of substitution, which assumes that a buyer will not pay more for a property than it would cost to purchase a similar site and construct a comparable building with equal utility.

The process involves:

Estimating the value of the land as if vacant,

Estimating the current cost to reproduce or replace the improvements,

Subtracting depreciation (physical, functional, or external), and

Adding the land value to the depreciated improvement cost.

Thus, the cost approach measures the cost to acquire the land and construct a reproduction or replacement of the improvements--making option A correct.


Reference:

Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course ­ "Real Estate Appraisal and Valuation" Module

Uniform Standards of Professional Appraisal Practice (USPAP) ­ Cost Approach Overview.



Which photograph of a home for sale should not be published for public viewing?

  1. An exterior photo showcasing the pool and outdoor kitchen/bar area
  2. A photo of the billiards room that reveals the owner's collection of antique guns
  3. A photo of the master bathroom that also shows the photographer's arm reflected in the mirror
  4. A wide-angle photo of the renovated kitchen that makes the area look larger than it really is

Answer(s): B

Explanation:

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

The course stresses that licensees must protect a seller's privacy and personal security when marketing property. Photos that display personal possessions such as firearms, medications, financial documents, or valuables should never be published. Revealing these items can create a safety and liability risk for the seller and may violate professional ethical standards regarding confidentiality.

Therefore, the image showing the owner's collection of antique guns should not be made public.

Reference (Maryland Source):

­ Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course, Listing and Marketing Property section.

­ Maryland Code of Ethics for Real Estate Licensees, COMAR 09.11.02.01 et seq.



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

  1. Appraisal
  2. Comparative market analysis
  3. Market process
  4. Proforma

Answer(s): B

Explanation:

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

Only licensed or certified appraisers may perform an appraisal for a fee in a federally related transaction.

A real estate licensee, however, may prepare a Comparative Market Analysis (CMA) or Broker Price Opinion (BPO) to help a seller decide on a listing price or a buyer to make an offer.

A CMA compares recent sales, active listings, and expired listings of similar properties to estimate a realistic price range.

This procedure is emphasized in the "Appraisal and Valuation" module as a permitted pricing tool for real estate professionals.

Reference (Maryland Source):

­ Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course, Valuation and CMA section.

­ Business Occupations and Professions Article §17-511 (b).



Viewing Page 1 of 15



Share your comments for Real Estate Licensing Maryland-Real-Estate-Salesperson exam with other users:

J Nunes 9/29/2023 8:19:00 AM

i need ielts general training audio guide questions
BRAZIL


Ananya 9/14/2023 5:16:00 AM

please make this content available
UNITED STATES


Swathi 6/4/2023 2:18:00 PM

content is good
Anonymous


Leo 7/29/2023 8:45:00 AM

latest dumps please
INDIA


Laolu 2/15/2023 11:04:00 PM

aside from pdf the test engine software is helpful. the interface is user-friendly and intuitive, making it easy to navigate and find the questions.
UNITED STATES


Zaynik 9/17/2023 5:36:00 AM

questions and options are correct, but the answers are wrong sometimes. so please check twice or refer some other platform for the right answer
Anonymous


Massam 6/11/2022 5:55:00 PM

90% of questions was there but i failed the exam, i marked the answers as per the guide but looks like they are not accurate , if not i would have passed the exam given that i saw about 45 of 50 questions from dump
Anonymous


Anonymous 12/27/2023 12:47:00 AM

answer to this question "what administrative safeguards should be implemented to protect the collected data while in use by manasa and her product management team? " it should be (c) for the following reasons: this administrative safeguard involves controlling access to collected data by ensuring that only individuals who need the data for their job responsibilities have access to it. this helps minimize the risk of unauthorized access and potential misuse of sensitive information. while other options such as (a) documenting data flows and (b) conducting a privacy impact assessment (pia) are important steps in data protection, implementing a "need to know" access policy directly addresses the issue of protecting data while in use by limiting access to those who require it for legitimate purposes. (d) is not directly related to safeguarding data during use; it focuses on data transfers and location.
INDIA


Japles 5/23/2023 9:46:00 PM

password lockout being the correct answer for question 37 does not make sense. it should be geofencing.
Anonymous


Faritha 8/10/2023 6:00:00 PM

for question 4, the righr answer is :recover automatically from failures
UNITED STATES


Anonymous 9/14/2023 4:27:00 AM

question number 4s answer is 3, option c. i
UNITED STATES


p das 12/7/2023 11:41:00 PM

very good questions
UNITED STATES


Anna 1/5/2024 1:12:00 AM

i am confused about the answers to the questions. are the answers correct?
KOREA REPUBLIC OF


Bhavya 9/13/2023 10:15:00 AM

very usefull
Anonymous


Rahul Kumar 8/31/2023 12:30:00 PM

need certification.
CANADA


Diran Ole 9/17/2023 5:15:00 PM

great exam prep
CANADA


Venkata Subbarao Bandaru 6/24/2023 8:45:00 AM

i require dump
Anonymous


D 7/15/2023 1:38:00 AM

good morning, could you please upload this exam again,
Anonymous


Ann 9/15/2023 5:39:00 PM

hi can you please upload the dumps for sap contingent module. thanks
AUSTRALIA


Sridhar 1/16/2024 9:19:00 PM

good questions
Anonymous


Summer 10/4/2023 9:57:00 PM

looking forward to the real exam
Anonymous


vv 12/2/2023 2:45:00 PM

good ones for exam preparation
UNITED STATES


Danny Zas 9/15/2023 4:45:00 AM

this is a good experience
UNITED STATES


SM 1211 10/12/2023 10:06:00 PM

hi everyone
UNITED STATES


A 10/2/2023 6:08:00 PM

waiting for the dump. please upload.
UNITED STATES


Anonymous 7/16/2023 11:05:00 AM

upload cks exam questions
Anonymous


Johan 12/13/2023 8:16:00 AM

awesome training material
NETHERLANDS


PC 7/28/2023 3:49:00 PM

where is dump
Anonymous


YoloStar Yoloing 10/22/2023 9:58:00 PM

q. 289 - the correct answer should be b not d, since the question asks for the most secure way to provide access to a s3 bucket (a single one), and by principle of the least privilege you should not be giving access to all buckets.
Anonymous


Zelalem Nega 5/14/2023 12:45:00 PM

please i need if possible h12-831,
UNITED KINGDOM


unknown-R 11/23/2023 7:36:00 AM

good collection of questions and solution for pl500 certification
UNITED STATES


Swaminathan 5/11/2023 9:59:00 AM

i would like to appear the exam.
Anonymous


Veenu 10/24/2023 6:26:00 AM

i am very happy as i cleared my comptia a+ 220-1101 exam. i studied from as it has all exam dumps and mock tests available. i got 91% on the test.
Anonymous


Karan 5/17/2023 4:26:00 AM

need this dump
Anonymous