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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

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

A) Secure
B) Encrypted
C) Unsecure
D) All

2. What is one drawback of sub-agency from a listing broker's standpoint?

A) Both parties must agree to dual agency.
B) There aren't any drawbacks.
C) The listing broker and listing agent can be liable for the sub-agent's actions.
D) The listing broker will have to pay two agents' commissions.

3. To indicate that they understand and consent to the terms that appear on each page of the sales contract, what are the seller and buyer required to do?

A) Sign a consent form.
B) Nod their heads "yes."
C) Check the "We understand and consent to the terms presented on this page" statement.
D) Initial and date the bottom of each page of the contract.

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

A) The cost to acquire land only
B) The cost to construct a reproduction only
C) The expenses the property is expected to produce for the owner
D) The cost to acquire land and construct a reproduction

5. What type of violation are you committing when you fail to include a material fact or make false or misleading advertising statements?

A) Improper brokerage commission
B) Improper delivery of instruments
C) Misrepresentation
D) Conflict of interest

Solutions: