Maryland Real Estate Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete, Accurate, and Verified)

MD State Practice Exam Questions with Verified Solutions When a payment is made on your behalf from the Guaranty Fund, what happens to your real estate license? It is suspended Peter represents an owner who's selling an investment property. The property is listed at $245,000, which Peter...

MD Real Estate Salesperson Exam Review with Certified Solutions Which of the following would NOT be considered real property? 1. mineral rights 2. a leasehold estate 3. fixtures 4. air 2. a leasehold estate - a leasehold estate is a non-freehold estate involving the tenant's right ...

Duties and Powers of the Maryland Real Estate Commission Graded A+ What does the Maryland Real Estate Commission do? Enforces License Law, maintains and enforces the General Regulations and a Code of Ethics What are the Powers of the Real Estate Commission? Depending on the severity of the...

Maryland Real Estate Exam Questions and Answers Already Passed In Maryland, the Protection of Homeowners in Foreclosure Act describes the role of and sets guidelines for the actions of ______. Foreclosure consultants Maryland sponsoring broker Sandrine has five salespersons working under h...

PSI Maryland Practice Exam Questions and Answers Already Passed If an older building cannot be air-conditioned, it is an example of ___________ ? A. Economic obsolescence. B. Functional obsolescence. C. Physical deterioration. D. External deterioration B. Functional obsolescence. An...

Maryland Real Estate: Practice & Law Graded A+ Licenses salespersons may represent only brokers under whom they are licensed License certificates issues for salespersons MUST be displayed by their brokers in their brokerage office Brokers need NOT notify the Commission when changes occu...

MD Real Estate PSI National Exam 2 Latest Update Graded A+ A person with impaired mobility was renting a unit in an apartment complex. Half the units had been assigned parking spaces near the door; the other half had not. The owner may charge extra money to the handicapped person for providi...

MD Exam Prep: Licensing and the Real Estate Commission Questions and Answers Rated A+ How many people serve on the Maryland Real Estate Commission? Nine Who serves on the Maryland Real Estate Commission? Five real estate licensees with at least 10 years' experience each, and four non-lic...

MARYLAND REAL ESTATE EXAM PREP QUESTIONS AND ANSWERS RATED A+ Which of the following does NOT end presumed buyer representation? The licensee working with prospects fails to present a disclosure of representation form Does Maryland have dower laws? no Dual agency is permitted only in brok...

Maryland Real Estate Practice - Unit 1 with Verified Solutions The Maryland Real Estate Brokers Act a law designed to protect the public interest. it is title chapter 17 in the Business Occupations and Professions article Annotated Code of Maryland. Also known as title 17. enacted by the leg...

Maryland Real Estate Exam Questions and Answers 100% Pass Nancy, a broker in Annapolis, is going over the listing agreement with her new client, Josie, who asks, "What if I need to cancel the agreement early?" What should Nancy tell her? 1. "I'm always flexible. If we need to, we'll add...

MD Real Estate PSI exam Latest Update Graded A+ home equity loan A loan under which a property owner uses the property as collateral and can then draw funds up to a prearranged amount against the property. Also called a home equity line of credit, or HELOC. home inspection A thorough visu...

MD Real Estate License Exam Questions and Answers 100% Pass Which of the following is one of the buyer's responsibilities as stated in the Maryland exclusive buyer agency agreement? -The buyer must work exclusively with the broker during the term of the agreement. -The buyer has seven ...

PSI Real Estate Exam (MD State Portion) Questions with Verified Solutions Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) Regulation is enacted and enforced by MD Real Estate Commission (MREC) Brok...