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Real Estate Licensing Maryland-Real-Estate-Salesperson Exam Questions

Exam Name: Maryland Real Estate Salesperson Examination
Exam Code: Maryland-Real-Estate-Salesperson
Related Certification(s): Real Estate Licensing Exams Certification
Certification Provider: Real Estate Licensing
Actual Exam Duration: 120 Minutes
Number of Maryland-Real-Estate-Salesperson practice questions in our database: 110 (updated: Apr. 11, 2026)
Expected Maryland-Real-Estate-Salesperson Exam Topics, as suggested by Real Estate Licensing :
  • Topic 1: Property Ownership: This section of the exam measures skills of real estate salespersons and brokers and covers the fundamentals of property ownership. It includes understanding real and personal property, legal descriptions using metes and bounds, lot and block, and government survey methods, measuring structures and land, encumbrances such as liens, easements, rights of way, and encroachments, and the different types of ownership including sole ownership, joint tenancy, common-interest ownership, trusts, estates, business entities, and life estates.
  • Topic 2: Land Use Controls: This section measures skills of real estate professionals and covers government rights in land, including taxation, eminent domain, and escheat. It addresses government and private controls over land use, including deed restrictions, subdivision covenants, and condominium or homeowners’ association regulations.
  • Topic 3: Valuation: This section measures skills of real estate licensees and brokers and covers property valuation methods. Topics include appraisals, appraisal requirements and steps, economic principles affecting value, sales comparison, cost, and income approaches, as well as the use of Comparative Market Analysis (CMA) and Automated Valuation Methods (AVM) for assessing property value.
  • Topic 4: Financing: This section measures skills of salespersons and brokers and covers loan concepts, underwriting, mortgage clauses, promissory notes, and types of loans including conventional, amortized, adjustable-rate, government, owner-financed, reverse mortgages, home equity, construction, rehab, and bridge loans. It also addresses financing laws and regulations such as RESPA, TILA, TRID, ECOA, lending processes, and risky loan features.
  • Topic 5: Contracts: This section measures skills of real estate licensees and brokers and covers general contract law principles, elements for valid contracts, enforceability, contract types, option agreements, electronic signatures, rights and obligations, remedies for breach, and termination. It also includes purchase and lease contracts, handling multiple offers and counteroffers, and contract contingencies.
  • Topic 6: Agency: This section measures skills of real estate professionals and covers agency and non-agency relationships, types of listing and representation contracts, powers of attorney, conditions for termination, fiduciary duties, agent duties to clients and non-clients, and required agency disclosures, including potential conflicts of interest.
  • Topic 7: Property Disclosures: This section measures skills of licensees and brokers and covers seller property condition disclosures, situations requiring inspections, environmental and government disclosure requirements, and disclosure of material facts and defects affecting the property.
  • Topic 8: Property Management: This section measures skills of real estate professionals and covers property manager duties, including tenant procurement and qualification, fair housing and ADA compliance, market analysis for setting rents, maintenance, improvements, reporting, and risk management.
  • Topic 9: Transfer of Title: This section measures skills of licensees and brokers and covers types of deeds, title insurance and searches, potential title problems, the closing process, recordation, settlement procedures, and special considerations in transferring foreclosed, short sale, or probate properties.
  • Topic 10: Practice of Real Estate: This section measures skills of salespersons and brokers and covers antidiscrimination laws, including the Fair Housing Act and ADA, legislation and regulations regarding employment status, antitrust, Do-Not-Call rules, and social media use, duties and responsibilities for confidentiality, handling funds, due diligence, and broker supervisory responsibilities for licensees and employees.
  • Topic 11: Real Estate Calculations: This section measures skills of real estate professionals and covers calculations for transactions, including seller net proceeds, buyer funds needed, prorations, transfer fees, PITI, and general concepts such as equity, rate of return, capitalization rate, loan-to-value ratio, discount points, and loan origination fees.
  • Topic 12: Duties and Powers of the Real Estate Commission: This section measures skills of licensees and brokers and covers the general powers of the Commission, investigations, hearings, appeals, suspensions, revocations, penalties, Guaranty Fund, record examination, licensing requirements, and activities requiring a license.
  • Topic 13: Brokerage Relationships: This section measures skills of licensees and brokers and covers listing agreements, disclosure of brokerage relationships and interest, conflict-of-interest disclosures, and supervision of licensees, including handling trust monies and recordkeeping requirements.
  • Topic 14: Business Conduct: This section measures skills of real estate professionals and covers offers, commissions and rebates, advertising and signage, fair housing laws, summary suspensions or convictions, and ethics including unfair inducements and dealings with other licensees.
  • Topic 15: Ethics: This section measures skills of licensees and brokers and covers ethical practices, compliance with regulations, and maintaining professional integrity in all transactions.
Disscuss Real Estate Licensing Maryland-Real-Estate-Salesperson Topics, Questions or Ask Anything Related
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Arlean

11 days ago
Pass4Success practice exams were a lifesaver for the Maryland Real Estate Salesperson Exam. Remember, don't get bogged down in the details - keep the big picture in mind.
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Dominga

18 days ago
The appraisal basics and understanding FMV vs. replacement value were hard, but the practice exams broke down the scenarios clearly. Pass4Success prep gave me confidence.
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Kenneth

25 days ago
Brush up on your knowledge of real estate contracts, including the essential elements and common clauses found in purchase and sale agreements.
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Berry

1 month ago
Scored my pass on the Maryland exam today, with the help of Pass4Success practice questions focused on the topic of financing and underwriting basics. I faced a daunting item about loan-to-value ratios, mortgage insurance, and principal reduction, and I wasn’t sure how the LTV interacts with down payment levels in a given scenario. Still, I walked away with a pass. Do you recall a question that required calculating an LTV from sale price and loan amount, and did you wrestle with PMI vs MIP distinctions as well?
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Lonny

1 month ago
Just completed the Maryland Real Estate Licensing exam, and Pass4Success practice questions were a solid aid, especially for the topic of fiduciary duties and agency relationships. I remember a question that asked which duties an agent owes to a client vs a customer, and I hesitated when it came to the loyalty and confidentiality elements. Nonetheless, I passed. Was there a question about dual agency and disclosure obligations that stumped you as well, or did the review lock it in for you?
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Doug

2 months ago
Grateful for Pass4Success' exam prep resources - I passed the Maryland Real Estate exam!
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Maxima

2 months ago
Finished the Maryland exam today and the Pass4Success practice questions genuinely helped, particularly around the topic of property ownership and the bundle of rights. I recall a question about the different forms of ownership, like tenancy in common vs joint tenancy and the right of survivorship, and I hesitated because the concept of undivided interests seemed counterintuitive at first. Still, I passed. Do you think a question on minority and joint tenancy with rights of survivorship might appear? I was uncertain about how to distinguish severability in tenancy in common, but the prep gave me clarity.
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Magnolia

2 months ago
I doubted myself at first, yet Pass4Success provided concise summaries and pinpointed weak areas. Sail through with confidence—your effort is paying off.
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Stephaine

2 months ago
Ethics and fiduciary duties were brutal, especially when questions mixed agency with dual agency. Pass4Success helped me by simulating that ambiguity in every mock test.
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Precious

3 months ago
I passed the Maryland Real Estate Salesperson Exam! Thanks, Pass4Success!
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Frederic

3 months ago
Nervousness hit hard the night before, but Pass4Success helped me build a solid rhythm with timed quizzes and feedback. Trust the process, you’re more prepared than you think.
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Brittani

3 months ago
I felt overwhelmed by the volume of material, but pass4success broke it into manageable chunks and offered realistic practice questions. One step at a time wins the race—keep pushing forward.
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Marica

3 months ago
Aced the Maryland Real Estate Salesperson Exam, thanks to Pass4Success. My advice? Focus on understanding the material, not just memorizing - the real test is all about application.
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Nu

4 months ago
Be prepared to answer questions on the role of the Maryland Real Estate Commission in licensing and disciplining real estate professionals.
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Starr

4 months ago
My hands shook the moment I opened the portal, yet Pass4Success gave me structured study plans and reassuring explanations that turned doubt into momentum. Stay focused, stay positive, you’ve got this.
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Shawna

4 months ago
I found the sale contract addenda sections tricky, especially with disclosure clauses. pass4success practice exams walked me through each clause, and it finally clicked.
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Ruth

4 months ago
Familiarize yourself with the various methods of real estate financing, including mortgages, loans, and alternative financing options.
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Emilio

5 months ago
Understand the key principles of agency law, including the fiduciary duties of real estate agents and the different types of agency relationships.
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Julianna

5 months ago
I was incredibly nervous before the Maryland Real Estate Salesperson exam, but pass4success built my confidence with clear guidance and practice exams that mimicked the real test. If I can do this, you can too—believe in yourself and take the next step!
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Sharita

5 months ago
Be prepared for questions on the different types of property ownership, such as joint tenancy and tenancy in common, and how they impact real estate transactions.
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Marva

5 months ago
The toughest part for me was the Maryland license expiration and renewal rules; the practice questions on Pass4Success framed it with real-life timelines, and the explanations helped me see where I was tripping up.
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Camellia

6 months ago
Passing the Maryland Real Estate Salesperson Exam was a breeze with Pass4Success practice exams! My top tip? Manage your time wisely - the questions can be tricky, so pacing is key.
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Nelida

6 months ago
I just cleared the Maryland Real Estate Salesperson Exam and, honestly, the Pass4Success practice questions were a real edge for me, especially for the topic of real estate contracts and enforceable terms with offer and acceptance. One tricky question asked to identify which provisions could void a contract or require specific performance, and I still paused because the nuances of consideration and mutual assent felt dense, yet I managed to pass thanks to the practice sets. Do you remember a question about whether a unilateral mistake in a contract makes it voidable, or was it the mutual mistake scenario? I was unsure at first, but the review helped me push through.
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Free Real Estate Licensing Maryland-Real-Estate-Salesperson Exam Actual Questions

Note: Premium Questions for Maryland-Real-Estate-Salesperson were last updated On Apr. 11, 2026 (see below)

Question #1

Your client, Bruno, is an investor. He is in the process of selling a fourplex and mentions to you that he hates the idea of the capital gains tax he'll be subject to. What should you tell him?

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Correct Answer: D

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

Under Section 1031 of the Internal Revenue Code, an investor may defer recognition of capital gains taxes by exchanging one investment or business property for another of like kind.

This is known as a 1031 tax-deferred exchange.

The Maryland pre-licensing course covers this as a financing and investment concept, explaining that it defers, not eliminates, the tax obligation and that investors must comply with strict timelines and rules set by the IRS.

Licensees should avoid offering tax advice but can inform clients of the potential to explore this option with a qualified tax professional or attorney.

Reference (Maryland Source):

-- Maryland 60-Hour Principles and Practices Course, Investment and Taxation Concepts section.

-- Internal Revenue Code 1031 (Like-Kind Exchanges).


Question #2

What regulation or regulatory authority identifies sites that have hazardous substances, and requires the responsible parties to clean them up?

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Correct Answer: A

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), enacted in 1980 and commonly known as ''Superfund,'' authorizes the Environmental Protection Agency (EPA) to identify and clean up sites contaminated with hazardous substances.

CERCLA also establishes liability for potentially responsible parties (PRPs)---including current and past owners, operators, and those who arranged for disposal of hazardous substances.

Maryland's pre-licensing course covers CERCLA as a federal regulation that affects real estate transactions involving contaminated properties, as buyers and sellers must be aware of any cleanup responsibilities before transfer.


Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course -- ''Environmental Issues and Disclosures'' Module

Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (42 U.S.C. 9601 et seq.).

Question #3

Who can be impacted by violations you commit as a licensee?

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Correct Answer: D

Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:

Under Maryland Real Estate Commission (MREC) regulations, violations of license law or professional conduct can affect not only the individual licensee, but also the supervising broker and, in some cases, other affiliated licensees within the brokerage.

The supervising broker bears ultimate responsibility for ensuring that all licensees comply with Maryland law and MREC rules.

Penalties may include license suspension, revocation, or fines for both the individual and the broker.


Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course -- ''Maryland License Law and Regulations'' Module

Md. Business Occupations and Professions Article 17-322 -- Grounds for Disciplinary Action.

Question #4

What type of ownership do most corporations use to hold real property?

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Correct Answer: C

Comprehensive and Detailed Explanation:

A corporation is a single legal entity, separate from its shareholders. When it holds title to real property, ownership is in severalty, meaning ''sole'' ownership by one legal person. Unlike joint tenancy or tenancy in common, there are no co-owners in severalty; the corporate entity alone holds all rights of ownership. This principle is highlighted in the ownership portion of the Maryland pre-licensing curriculum.


Maryland 60-Hour Principles and Practices Course -- ''Forms of Real Estate Ownership'' Topic; Maryland Real Property Article 1-101 (definition of person includes corporation).

Question #5

Why is it important for a buyer to know if an underground storage tank is present on a property?

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Correct Answer: B

Comprehensive and Detailed Explanation:

Underground storage tanks (USTs), particularly older ones made of steel, may corrode and leak, releasing hazardous substances such as oil or fuel into the soil and groundwater.

Maryland environmental law and the 60-Hour Course emphasize that sellers must disclose known environmental hazards, and buyers should be aware of potential remediation costs.

The Maryland Department of the Environment (MDE) regulates USTs, requiring proper registration, maintenance, and closure procedures to prevent contamination.


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