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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. When assigning a contract, what should the assignor ensure is permitted in the purchase contract?

A) Termination
B) A due-on-sale clause
C) Assignability
D) Acceleration

2. In which type of lease does the tenant pay some or all expenses separately?

A) Percentage lease
B) Net lease
C) Sublease
D) Gross lease

3. What are PCBs?

A) A substance resulting from the decay of uranium
B) A chemical compound that occurs naturally in the environment
C) Chemical compounds used in cooling and insulating, mainly in electrical transformers
D) A substance that grows due to moisture problems

4. Under which type of buyer agency agreement does a buyer reserve the right to self-represent?

A) Open agency
B) Exclusive right to represent
C) Personal agency
D) Exclusive agency

5. Gia is acting as a seller agent. Which of these is a duty she must perform?

A) Keep the buyer informed.
B) Represent the buyer while making sure that none of the seller's advantages are lost.
C) Market and sell the property.
D) Negotiate for the buyer.

Solutions: