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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. A statement such as "This is a dream home with the best views in town" made by a licensee is an example of what?

A) Puffery
B) Positive misrepresentation
C) A lie
D) Intentional misrepresentation

2. When a client understands what dual agency is and agrees in writing to allow a firm to act as a dual agent for them in a real estate transaction, this is known as ________.

A) Informed consent
B) Double dipping
C) Mutual agreement
D) Representation by proxy

3. 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) Leasehold estate
B) Life estate
C) Fee simple estate
D) Homestead estate

4. Kip is a sub-agent working with a buyer customer, Charlie, for Sheila's listing of May's property. To whom does Kip owe his loyalty?

A) Sheila and May
B) Charlie
C) Sheila and Charlie
D) May

5. Which zoning practice involves changing the zoning of an area to allow for less intensive development, such as reducing the number of units or building size?

A) Downzoning
B) Bulk zoning
C) Reduction zoning
D) Density-reduction zoning

Solutions: