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

SectionWeightObjectives
Topic 1: National Portion80%- Transfer of Title
  • 1. Deeds
  • 2. Title Insurance
  • 3. Closing Processes
- Real Estate Calculations
  • 1. Mathematical Concepts
- Practice of Real Estate
  • 1. Fair Housing
  • 2. Licensing Laws
- Contracts
  • 1. Contract Law
  • 2. Types of Contracts
- General Principles of Agency
  • 1. Duties and Responsibilities
  • 2. Agency Relationships
- Property Ownership
  • 1. Classes of Property
  • 2. Real Property
  • 3. Personal Property
- Leasing and Property Management
  • 1. Lease Types
  • 2. Management Agreements
- Land Use Controls and Regulations
  • 1. Government Rights in Land
  • 2. Private Controls
- Financing
  • 1. Types of Loans
  • 2. Financial Instruments
  • 3. Government Programs
- Property Disclosures
  • 1. Environmental Issues
  • 2. Material Defects
- Valuation and Market Analysis
  • 1. Market Analysis
  • 2. Appraisal Methods
Topic 2: Maryland State Portion30%- Maryland-Specific Laws and Regulations
  • 1. State Real Estate Code
  • 2. Agency Laws
- Licensure Requirements
  • 1. Continuing Education
  • 2. Eligibility Criteria
- Duties and Powers of the Real Estate Commission
  • 1. Commission Authority
  • 2. Licensing Procedures

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Why would a retail tenant be willing to sign a lease in which a percentage of sales proceeds are paid to the landlord?

  • A. The landlord and tenant are in business together.
  • B. The tenant wants to reduce the base rent.
  • C. The tenant is hoping to eventually purchase the building.
  • D. The tenant wants to show the landlord how viable the business is.
Answer: B

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A property is conveyed to an individual until that individual's death, when the property will be conveyed to another party. What type of estate is this?

  • A. Life estate
  • B. Fee simple estate
  • C. Leasehold estate
  • D. Homestead estate
Answer: A

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Risks to computer systems can be reduced by avoiding public networks, sites, and suspicious sites.

  • A. All
  • B. Unsecure
  • C. Secure
  • D. Encrypted
Answer: B

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What regulation or regulatory authority identifies sites that have hazardous substances, and requires the responsible parties to clean them up?

  • A. State Department of Environmental Quality
  • B. Department of Housing and Urban Development
  • C. The National Environmental Policy Act
  • D. Comprehensive Environmental Response, Compensation, and Liability Act
Answer: D

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Earnest money is sometimes referred to as a "down payment on the ______."

  • A. Down payment
  • B. Seller's proceeds
  • C. Transfer tax
  • D. Mortgage insurance
Answer: A

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