• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 1 out of 3 pages
Exam (elaborations)

MD REAL ESTATE PRE-LICENSING EXAM UNIT 1 QUESTIONS AND ANSWERS

Document preview thumbnail
Preview 1 out of 3 pages

MD REAL ESTATE PRE-LICENSING EXAM UNIT 1 QUESTIONS AND ANSWERS

Content preview

MD REAL ESTATE PRE-LICENSING
EXAM UNIT 1 QUESTIONS AND
ANSWERS



Individuals are not allowed to perform real estate activities for another person for any
kind of payment unless they have a real estate license. - CORRECT ANSWERS ✅✅
-True

If individuals wish to sell their home on their own, they must obtain a real estate license
first. - CORRECT ANSWERS ✅✅ -False

Ralph is the executor of Donald's estate. Following Donald's passing, Ralph sells the
condominium and two homes that Donald owned at the time of his death. Ralph is not a
licensed real estate professional. Did he break the law? - CORRECT ANSWERS ✅✅
-No. Ralph was acting under the judgment or order of a court as an executor of Donald's
estate and is exempt from needing a real estate license while acting under those orders.

Who Can Do What? - CORRECT ANSWERS ✅✅ -If you're selling your own
property, or buying property for yourself, you don't need a license. But if it is "on behalf
of others, for compensation of any kind" then you need that real estate license to be
legal. This lesson gives you the 411 on what Maryland licensees and non-licensees are
allowed to do under the Brokers Act.
Petra is licensed in Oklahoma and took the Maryland state exam so she could practice
in Maryland, too. - CORRECT ANSWERS ✅✅ -Reciprocal license

Amanda is a Pennsylvania licensee who can legally engage in real estate activities in
Maryland. - CORRECT ANSWERS ✅✅ -Reciprocal license

Joseph is a Florida licensee who wishes to engage in real estate activities in Maryland. -
CORRECT ANSWERS ✅✅ -Non-resident license

"On the behalf of others, for compensation of any kind." - CORRECT ANSWERS ✅✅
-requires real estate license

Identifying License Types
Karen has held a license in real estate for eight years. She supervises Jan and Marco
and is responsible for any real estate activities that they perform. - CORRECT
ANSWERS ✅✅ -Broker

Document information

Uploaded on
November 7, 2025
Number of pages
3
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$12.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
millyphilip
3.7
(560)
Sold
2985
Followers
1963
Items
46719
Last sold
1 day ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions