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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
1. Which of the following is used to protect the buyer from title defects after closing?
A) Chain of title
B) Buyer title insurance policy
C) Attorney's opinion of title
D) Abstract of title
2. Uh-oh. You failed to present an offer on behalf of your client in a timely manner. As a result, the seller accepted a lower offer from another buyer. For which of the following could your buyer sue you?
A) Misrepresentation
B) Puffing
C) Negligence
D) Fraud
3. Kip is a sub-agent working with a buyer customer, Charlie, for Sheila's listing of May's property. To whom does Kip owe his loyalty?
A) Sheila and May
B) May
C) Sheila and Charlie
D) Charlie
4. What does PITI stand for?
A) Property, interest, title, and insurance
B) Property, insurance, taxes, and interest
C) Principal, insurance, title, and interest
D) Principal, interest, taxes, and insurance
5. Why was the Civil Rights Act of 1866 monumental among fair housing and antidiscrimination laws?
A) It was adopted by the United Nations.
B) It abolished slavery.
C) It provided no exceptions for discrimination based on race or color.
D) It added sexual orientation as a protected class.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: C |
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