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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Which of the following best describes the concept of appreciation?

A) When a property's value increases as a result of capital improvements.
B) When the value of a property increases over time.
C) When the value of a property decreases over time.
D) When losses are deducted from a property's value for tax purposes.

2. What is a claim or lien on a property title that can be monetary or physical?

A) Encumbrance
B) Eviction
C) Appurtenance
D) Agreement

3. If a consumer wants to file a deceptive ad complaint, which entity should be contacted?

A) The Department of Justice
B) The FBI
C) The BBB
D) The local police department

4. In the conveyance of real property after death, what takes precedent over any terms specified in the deceased person's will?

A) Heirs' wishes
B) Nothing
C) Intestate
D) Operation of law

5. Which of these items should real estate professionals help first-time buyers and buyers who have experienced recent credit issues to understand?

A) Rental options
B) Rental options and high-risk loan products
C) High-risk loan products
D) Appropriate financing

Solutions: