Page 1
MARYLAND TAXPREPAYERS PRACTICE TEST
DETAILED QUESTIONS AND VERIFIED CORRECT
ANSWERS(100% VERIFIED ANSWERS) 2026!
Faith has started creating her own advertising, but is looking for some guidance on
what is and isn't allowed. She's checked state and federal laws, commission
regulations, as well as the National Association of REALTORS® Code of Ethics. Where
else can she look for reliable information?
✓ Brokerage policy manual
Roger Kelly is signing a listing contract with a client. Which of the following is an
acceptable signature on the document?
✓ Roger Kelly"
Which of these policies is an example of discrimination based on familial status?
✓ A maximum of two adults and up to three children are allowed in each three-
bedroom apartment.
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Which of the following statements about latent defects is true?
✓ Any party to a real estate sales transaction who has knowledge of latent defects
must disclose them
You're the listing agent for a property where an unfortunate series of deaths took
place. Which action best demonstrates good faith related to the disclosure of these
events?
✓ You tell prospective buyers the truth about the events when asked.
In Maryland, when HUD receives a discrimination complaint, it forwards this
complaint to what organization?
✓ Maryland Commission on Civil Rights
Members of the Maryland Real Estate Commission serve terms of how many years?
✓ four
You make a listing presentation to a client, then learn she's meeting with a few more
licensees before deciding which licensee gets her listing. You know these
competitors. Which action best demonstrates good faith?
✓ you tell the seller you hope she'll decide to work with you.
What happens to ethical complaints about licensees once they are received by the
Department of Labor, Licensing and Regulation?
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✓ Each complaint is reviewed to determine whether it falls within the commission's
jurisdiction.
Jennifer is a new licensee in Baltimore City, Maryland. In order to abide by fair housing
laws, Jennifer must avoid discriminating against members of which of the following
protected classes?
✓ Federal-, Maryland-, and Baltimore City-protected classes
Which of the following classes are not protected by federal or Maryland fair housing
law, but may be protected by local ordinances in Maryland?
✓ Age and lawful income
What types of misrepresentation exist?
✓ Positive and unintentional
✓ Misrepresentation can be either positive or unintentional.
Which of the following is/are illegal?
✓ Both disparate impact and disparate treatment
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Which of the following is true of the harm caused to a person relying on false
information?
✓ The harm can be physical or monetary.
✓ The harm caused to someone relying on false information can be physical or
monetary.
Don, a Maryland licensee, helped Peggy find a home she loved, but there was a
sinkhole in the backyard. The seller's agent, Roger, told Don that he and the seller
were aware of the sinkhole and it would be repaired. What is Don's ethical
responsibility in this case?
✓ Document the information from Roger that the seller was aware of the sinkhole and
would repair it.
Samuel, a newly licensed salesperson, just received his pocket card. When is Samuel
required to carry the pocket card with him?
✓ At all times when conducting business
The amount of earnest money is negotiable between the parties, but it must be
considered ______.
✓ "reasonable"
✓ The amount of earnest money is negotiable between the parties, but it must be
✓ considered "reasonable."
MARYLAND TAXPREPAYERS PRACTICE TEST
DETAILED QUESTIONS AND VERIFIED CORRECT
ANSWERS(100% VERIFIED ANSWERS) 2026!
Faith has started creating her own advertising, but is looking for some guidance on
what is and isn't allowed. She's checked state and federal laws, commission
regulations, as well as the National Association of REALTORS® Code of Ethics. Where
else can she look for reliable information?
✓ Brokerage policy manual
Roger Kelly is signing a listing contract with a client. Which of the following is an
acceptable signature on the document?
✓ Roger Kelly"
Which of these policies is an example of discrimination based on familial status?
✓ A maximum of two adults and up to three children are allowed in each three-
bedroom apartment.
, Page 2
Which of the following statements about latent defects is true?
✓ Any party to a real estate sales transaction who has knowledge of latent defects
must disclose them
You're the listing agent for a property where an unfortunate series of deaths took
place. Which action best demonstrates good faith related to the disclosure of these
events?
✓ You tell prospective buyers the truth about the events when asked.
In Maryland, when HUD receives a discrimination complaint, it forwards this
complaint to what organization?
✓ Maryland Commission on Civil Rights
Members of the Maryland Real Estate Commission serve terms of how many years?
✓ four
You make a listing presentation to a client, then learn she's meeting with a few more
licensees before deciding which licensee gets her listing. You know these
competitors. Which action best demonstrates good faith?
✓ you tell the seller you hope she'll decide to work with you.
What happens to ethical complaints about licensees once they are received by the
Department of Labor, Licensing and Regulation?
, Page 3
✓ Each complaint is reviewed to determine whether it falls within the commission's
jurisdiction.
Jennifer is a new licensee in Baltimore City, Maryland. In order to abide by fair housing
laws, Jennifer must avoid discriminating against members of which of the following
protected classes?
✓ Federal-, Maryland-, and Baltimore City-protected classes
Which of the following classes are not protected by federal or Maryland fair housing
law, but may be protected by local ordinances in Maryland?
✓ Age and lawful income
What types of misrepresentation exist?
✓ Positive and unintentional
✓ Misrepresentation can be either positive or unintentional.
Which of the following is/are illegal?
✓ Both disparate impact and disparate treatment
, Page 4
Which of the following is true of the harm caused to a person relying on false
information?
✓ The harm can be physical or monetary.
✓ The harm caused to someone relying on false information can be physical or
monetary.
Don, a Maryland licensee, helped Peggy find a home she loved, but there was a
sinkhole in the backyard. The seller's agent, Roger, told Don that he and the seller
were aware of the sinkhole and it would be repaired. What is Don's ethical
responsibility in this case?
✓ Document the information from Roger that the seller was aware of the sinkhole and
would repair it.
Samuel, a newly licensed salesperson, just received his pocket card. When is Samuel
required to carry the pocket card with him?
✓ At all times when conducting business
The amount of earnest money is negotiable between the parties, but it must be
considered ______.
✓ "reasonable"
✓ The amount of earnest money is negotiable between the parties, but it must be
✓ considered "reasonable."
