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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion | 80% | - Financing
|
| Topic 2: Maryland State Portion | 30% | - Duties and Powers of the Real Estate Commission
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
What does REO stand for?
- A. Real estate office
- B. Real estate-owned
- C. Rental equal opportunity
- D. Rental equality ownership
Correct Answer: B 🗳️
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Which comments field in an MLS listing may contain gate, lockbox, and security code information with the seller's written permission?
- A. Private
- B. General
- C. Seller
- D. Public
Correct Answer: A 🗳️
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A first-time home buyer needs to take out a loan to help finance his purchase. What's the first thing he must do once the seller has accepted his offer and the contract has been finalized?
- A. Submit a written application for financing
- B. Request the settlement date be delayed 30 days
- C. Pay off all his credit cards
- D. Check his credit score
Correct Answer: A 🗳️
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In a real estate transaction, what's a real estate licensee's responsibility regarding household lead hazards for homes built before 1978?
- A. To disclose to buyers that there's lead-based paint in a home
- B. To instruct the seller to remediate the lead-based paint
- C. To remind the sellers to disclose the possible presence of lead-based paint to a buyer
- D. To make sure all lead is removed by a licensed professional
Correct Answer: C 🗳️
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Who is typically responsible for paying the commission to a listing agent in a real estate transaction?
- A. The buyer and the licensee
- B. The buyer and the seller
- C. The buyer
- D. The seller
Correct Answer: D 🗳️
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