Maryland state exam practice exam questions and
answers A+ Grade 2026\2027
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?
- correct answer Brokerage policy manual
Roger Kelly is signing a listing contract with a client. Which of the following is an acceptable signature on
the document?
- correct answer Roger Kelly"
Which of these policies is an example of discrimination based on familial status?
- correct answer A maximum of two adults and up to three children are allowed in each three-bedroom
apartment.
Which of the following statements about latent defects is true?
- correct answer 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?
- correct answer 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?
- correct answer Maryland Commission on Civil Rights
Members of the Maryland Real Estate Commission serve terms of how many years?
- correct answer 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?
- correct answer 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?
- correct answer 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?
- correct answer 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?
- correct answer Age and lawful income
What types of misrepresentation exist?
- correct answer Positive and unintentional
Misrepresentation can be either positive or unintentional.
Which of the following is/are illegal?
- correct answer Both disparate impact and disparate treatment
Which of the following is true of the harm caused to a person relying on false information?
- correct answer 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?
- correct answer 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?
- correct answer At all times when conducting business
The amount of earnest money is negotiable between the parties, but it must be considered ______.
- correct answer "reasonable"
The amount of earnest money is negotiable between the parties, but it must be considered
"reasonable."
Mark is the listing agent for a home owned by the Browns. At the open house, a colleague, Brandon,
indicates that he has a buyer for the Browns' home. Mark has had numerous interactions with Brandon
on other listings, and found that they don't get along. He really doesn't want to work with him on this
deal. In order to behave ethically, what can Mark do?
- correct answer Cooperate with Brandon because it's in the best interest of his clients.
For Sale signs on ground rent properties which show the price of the property must also state which of
the following?
- correct answer Annual ground rent plus the full cost of capitalization
If these signs are used, they must show the full cost of capitalization in addition to the annual ground
rent.
Which of the following statements about earnest money is true?
- correct answer Earnest money must be placed in an escrow account within no more than seven
business days after the formation of the contract of sale.
What's an agent's responsibility related to home inspections?
- correct answer To recommend a buyer have a professional inspection performed
In Maryland, how many hours of approved real estate courses must an individual complete before
taking the real estate salesperson exam?
- correct answer 60
In order to maintain the Guaranty Fund, new Maryland licensees pay a one-time fee of ______ into the
fund.
- correct answer $20
, Linda is the sponsoring broker at Gardner Homes. Which of the following best describes what happens
with her license?
- correct answer Linda displays her license at Gardner Homes.
In Maryland, unless a prior business relationship exists, it is illegal to commercially solicit using what
means?
- correct answer Fax machine
Which of the following is true about positive misrepresentation?
- correct answer A principal was harmed by the misstatement.
There are four elements to positive misrepresentation: a false statement must have been made, the
person stating it (e.g., the agent) must have known the statement to be false, and another person (e.g.,
a principal) must have relied on and been harmed by the misstatement.
Which action could temporarily stop a foreclosure?
- correct answer Borrower declaring bankruptcy
Daniel has several properties listed around town. He receives a call from a prospective buyer who is very
interested in one of the properties and wants to schedule a showing. What should Daniel do?
- correct answer Disclose his agency relationship with the seller to the prospective buyer.
New Maryland licensees pay a fee into the Guaranty Fund to help maintain it. What is the amount of the
fee?
- correct answer $20
Jim would like to sell his own home. What is the minimum real estate license he must possess?
- correct answer none
Which of these is an example of a material fact?
- correct answer The seller would not have accepted an offer had he or she known the fact.
A material fact would cause a reasonable person to not take an action that would otherwise be taken, or
take an action that would otherwise not be taken. So, a seller may not have accepted an offer had he or
she known the fact.
answers A+ Grade 2026\2027
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?
- correct answer Brokerage policy manual
Roger Kelly is signing a listing contract with a client. Which of the following is an acceptable signature on
the document?
- correct answer Roger Kelly"
Which of these policies is an example of discrimination based on familial status?
- correct answer A maximum of two adults and up to three children are allowed in each three-bedroom
apartment.
Which of the following statements about latent defects is true?
- correct answer 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?
- correct answer 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?
- correct answer Maryland Commission on Civil Rights
Members of the Maryland Real Estate Commission serve terms of how many years?
- correct answer 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?
- correct answer 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?
- correct answer 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?
- correct answer 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?
- correct answer Age and lawful income
What types of misrepresentation exist?
- correct answer Positive and unintentional
Misrepresentation can be either positive or unintentional.
Which of the following is/are illegal?
- correct answer Both disparate impact and disparate treatment
Which of the following is true of the harm caused to a person relying on false information?
- correct answer 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?
- correct answer 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?
- correct answer At all times when conducting business
The amount of earnest money is negotiable between the parties, but it must be considered ______.
- correct answer "reasonable"
The amount of earnest money is negotiable between the parties, but it must be considered
"reasonable."
Mark is the listing agent for a home owned by the Browns. At the open house, a colleague, Brandon,
indicates that he has a buyer for the Browns' home. Mark has had numerous interactions with Brandon
on other listings, and found that they don't get along. He really doesn't want to work with him on this
deal. In order to behave ethically, what can Mark do?
- correct answer Cooperate with Brandon because it's in the best interest of his clients.
For Sale signs on ground rent properties which show the price of the property must also state which of
the following?
- correct answer Annual ground rent plus the full cost of capitalization
If these signs are used, they must show the full cost of capitalization in addition to the annual ground
rent.
Which of the following statements about earnest money is true?
- correct answer Earnest money must be placed in an escrow account within no more than seven
business days after the formation of the contract of sale.
What's an agent's responsibility related to home inspections?
- correct answer To recommend a buyer have a professional inspection performed
In Maryland, how many hours of approved real estate courses must an individual complete before
taking the real estate salesperson exam?
- correct answer 60
In order to maintain the Guaranty Fund, new Maryland licensees pay a one-time fee of ______ into the
fund.
- correct answer $20
, Linda is the sponsoring broker at Gardner Homes. Which of the following best describes what happens
with her license?
- correct answer Linda displays her license at Gardner Homes.
In Maryland, unless a prior business relationship exists, it is illegal to commercially solicit using what
means?
- correct answer Fax machine
Which of the following is true about positive misrepresentation?
- correct answer A principal was harmed by the misstatement.
There are four elements to positive misrepresentation: a false statement must have been made, the
person stating it (e.g., the agent) must have known the statement to be false, and another person (e.g.,
a principal) must have relied on and been harmed by the misstatement.
Which action could temporarily stop a foreclosure?
- correct answer Borrower declaring bankruptcy
Daniel has several properties listed around town. He receives a call from a prospective buyer who is very
interested in one of the properties and wants to schedule a showing. What should Daniel do?
- correct answer Disclose his agency relationship with the seller to the prospective buyer.
New Maryland licensees pay a fee into the Guaranty Fund to help maintain it. What is the amount of the
fee?
- correct answer $20
Jim would like to sell his own home. What is the minimum real estate license he must possess?
- correct answer none
Which of these is an example of a material fact?
- correct answer The seller would not have accepted an offer had he or she known the fact.
A material fact would cause a reasonable person to not take an action that would otherwise be taken, or
take an action that would otherwise not be taken. So, a seller may not have accepted an offer had he or
she known the fact.
