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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

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

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

2. Jorge is a dual agent in a single-license dual agency situation. He owes his clients all of the following fiduciary duties EXCEPT.

A) disclosure
B) undivided loyalty
C) honesty
D) reasonable skill and care

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

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

4. James creates a trust to hold a piece of real estate he owns. He directs a corporate fiduciary to hold title to the real estate and provides instructions for the management, control, and disposition of the real estate upon his death. Given that the trust only holds real estate, James likely set up a(n) ________ trust.

A) Assignable
B) Tertiary
C) Testamentary
D) Land

5. Which of the following is an example of a metes and bounds description?

A) Lot 6 of Block 3 of the Meridian subdivision ...
B) "Beginning at the iron pin 30 paces from the center of the brook that runs across the road Southwesterly from the dwelling ..."
C) 123 Roanoke Street, Any Town, ST 98765
D) S ½ SE ¼ NW ¼ Section 2 ...

Solutions: