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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. When prospecting and soliciting for new business, licensees should be familiar with which federal acts?

A) Sherman Act, Clayton Act, and Unfair Trade Practices Act
B) Do Not Call Implementation Act, CAN-SPAM Act, and Junk Fax Prevention Act
C) Do Not Call Implementation Act, Sherman Act, and Unfair Trade Practices Act
D) Human Relations Act, Fair Housing Act, and Americans with Disabilities Act

2. Which term refers to a permitted deviation from current zoning restrictions that allows an owner to use land for a purpose that's otherwise prohibited, and requires the owner to prove the zoning creates an unnecessary hardship?

A) Property variance
B) Moratorium
C) Special use permit
D) Use variance

3. 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 make sure all lead is removed by a licensed professional
C) To remind the sellers to disclose the possible presence of lead-based paint to a buyer
D) To instruct the seller to remediate the lead-based paint

4. An organization with many investors who jointly participate in a real estate investment and must adhere to the rules and regulations of the Securities and Exchange Commission is a

A) Partnership
B) S corporation
C) C corporation
D) Syndicate

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

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