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

2. To effect a transfer of title by deed, ______ must occur.

A) Judicial validation
B) Delivery and acceptance
C) Exchange of money
D) Deed review

3. Which of these situations would result in the earnest money being disbursed to the seller?

A) The seller gets cold feet and cancels the transaction.
B) The buyer includes hard money in the purchase offer, then terminates the sale when the appraisal comes in low.
C) The escrow agent converts the earnest money.
D) The buyer backs out when the appraisal comes in too low to satisfy the contingency.

4. Which photograph of a home for sale should not be published for public viewing?

A) A photo of the billiards room that reveals the owner's collection of antique guns
B) A wide-angle photo of the renovated kitchen that makes the area look larger than it really is
C) An exterior photo showcasing the pool and outdoor kitchen/bar area
D) A photo of the master bathroom that also shows the photographer's arm reflected in the mirror

5. One of Mrs. Wilson's tenants is leaving in a few months. She hates to see this particular tenant go because he has been an ideal tenant-always paying his rent on time, keeping his place clean, and never a complaint.
Unlike so many of her other tenants, this tenant deserves to get back his security deposit. By law, when must Mrs. Wilson return the deposit to her tenant?

A) Within two months of the lease ending.
B) Within two weeks of the lease ending.
C) Within 45 days of the lease ending.
D) Within one month of the lease ending.

Solutions: