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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. What happens when a married couple who owns a property as tenants by the entirety divorce?

A) Their ownership changes to tenants in common.
B) They become joint tenants with right of survivorship.
C) The one who records title first gets the property.
D) Their ownership rights terminate.

2. What's the purpose of a home inspection?

A) To help licensees uncover red flags
B) To determine whether the purchase price reflects the property's value
C) To get a true picture of a property's condition
D) To determine a listing price for the property

3. Homes built before 1978 may have what environmental hazard in their paint?

A) Arsenic
B) Radiation
C) Lead
D) Asbestos

4. Which of the following is a material fact that must be disclosed to prospective buyers?

A) A previous homeowner had Ebola.
B) A lead-based paint disclosure must be included since the home was built in 1957.
C) A previous owner had HIV.
D) A house has had more than ten owners.

5. The power of the state to claim property when the owner dies without a will and without locatable heirs or creditors is also known as ______.

A) Life estate
B) Eminent domain
C) Taking
D) Escheat

Solutions: