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CE SHOP UPDATED ACTUAL EXAM QUESTIONS CORRECT ANSWERS GRADED A PLUS.pdf

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CE SHOP UPDATED ACTUAL EXAM QUESTIONS CORRECT ANSWERS GRADED A PLUS
CE SHOP Actual Final EXAM Script 2026/2027
Questions and Answers Verified Solutions Latest
Update

Question:
Which of these parties WOULD need a real estate license in Maryland?

Answer:
Marsha, an attorney who is selling a client's home, as this is something she typically does as part of
her practice



Question:
New Maryland licensees pay a fee into the Guaranty Fund to help maintain it. What is the amount of
the fee?

Answer:
$20



Question:
DeShawn has been licensed as a salesperson in Maryland for 18 months. Which of the following
statements is true about his upcoming license renewal?

Answer:
The commission will send DeShawn a renewal reminder at least 60 days before his license's
expiration date.



Question:
Who presides over a Maryland Real Estate Commission hearing?

Answer:
An administrative law judge

,Question:
In order to qualify as one of the five real estate professional members of the Maryland Real Estate
Commission board, how many years of real estate experience must you have?

Answer:
10



Question:
Damon lives in Frederick but is affiliated with a broker in downtown Baltimore. He'd like to affiliate
with a broker closer to home but doesn't want to sever his relationship with his current broker. What
needs to happen in order for Damon to be able to work for both brokerages?

Answer:
Both brokers need to send a letter to the commission stating their approval of the arrangement and
that there is no conflict of interest.



Question:
Tiara's Maryland salesperson's license is going to expire next week if she doesn't complete all of the
required continuing education hours. She's completed three hours of agency, three hours of
legislative updates, 1.5 hours of fair housing, and three hours of electives. What other coursework
does she need to complete in order to renew her license?

Answer:
Three hours of ethics (including professionalism) and 1.5 more hours of electives



Question:
In addition to your name, what must be included in any advertising?

Answer:
Designated name of your brokerage firm



Question:

,Kent's seller client's home just went under contract on Tuesday. Just as he's hanging the "under
contract" sign in the yard, he gets an email alert from a different buyer's agent with a new offer
attached. What should Kent do with the offer?

Answer:
Present it to his client.



Question:
Ben and Leslie received their finalized purchase contract on April 10, just moments after the sellers
put their final signatures on it. Ben and Leslie decided that since the home they're buying was built
in 1920, they'd like to have it inspected for lead-based paint. When is the latest that the couple can
have the inspection performed if they want to be able to back out of the contract?

Answer:
April 20



Question:
Which of the following does NOT qualify as a ministerial act under Maryland law?

Answer:
Offering earnest money deposit advice



Question:
Which of the following is NOT a penalty that the Maryland Real Estate Commission may impose
upon a licensee who violated the Maryland Code of Ethics?

Answer:
Jail time



Question:
For sale signs on ground rent properties that show the price of the property must also state which of
the following?

Answer:

, Annual ground rent plus the full cost of capitalization



Question:
Shelby listed her seller client's condo on April 4. It went under contract May 16. That contract fell
through on May 29. The listing agreement expired on July 4, with no other offers or contracts. On
what date does the five-year record-retention clock start ticking?

Answer:
July



Question:
Jerry is a new licensee and he's excited to be creating some advertising. When he does this, what
must he remember about including his brokerage's designated name in his advertising?

Answer:
The brokerage's designated business name must be meaningfully and conspicuously present.



Question:
Fresh out of community college and newly licensed as a real estate salesperson, Ben just took on a
short sale as his first listing. Ben told his broker, Janine, that he could handle the transaction and had
just advised his seller client that he could do it with minimal damage to the client's credit rating.
Janine immediately took Ben off the listing and assigned it to a more experienced licensee. Why?

Answer:
By predicting the seller's credit rating outcome, Ben crossed the line into giving advice that requires
additional licensure.



Question:
You're a real estate licensee in Maryland. You're walking through a property with a new seller
client. The seller tells you that the property is serviced by the public sewer system, but when
walking up the drive you noticed the access hatch for a septic system. What should you do?

Answer:
Inquire about the homeowner's claim to ensure the property really is on public sewer.

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