MD Real Estate Exam Questions & SOLUTIONS (RATED A)
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Course
Maryland Real Estate
Institution
Maryland Real Estate
order to qualify as one of the four appointed consumer members of the Maryland Real Estate Commission, how many years of experience must you have as a real estate licensee?
A) 10
B) Five
C) Seven
D) Zero - ANSWER D) Zero
Artie, a real estate licensee, is a convicted felon, and although he ...
MD Real Estate Exam Questions & SOLUTIONS
(RATED A)
In order to qualify as one of the four appointed consumer members of the Maryland Real Estate
Commission, how many years of experience must you have as a real estate licensee?
A) 10
B) Five
C) Seven
D) Zero - ANSWER D) Zero
Artie, a real estate licensee, is a convicted felon, and although he served his time, he has had some
administrative sanctions that call into question his trustworthiness to serve the public. What is the
maximum sanction the MREC may impose?
A) License revocation
B) License suspension
C) One year in prison
D) Three years in prison and license revocation - ANSWER A) License Revocation
he Maryland Real Estate Commission creates several hearing panels consisting of how many members
each?
A) 10
B) Five
C) Nine
D) Three - ANSWER Three
Justine's seller client needs to repair the property's roof, and Justine has recommended a contractor to
her. In addition to the contractor's name and the date that Justine verified his registration with the
Maryland Home Improvement Commission, what else does Justine need to give her seller client?
, A) A summary of typical roofing charges so her client can compare it to the contractor's work estimate
B) Nothing
C) The link to the Maryland Home Improvement License Search on the DLLR website
D) The name of at least one other contractor so her client can get multiple bids for the work - ANSWER
C) The link to the Maryland Home Improvement License Search on the DLLR website
Which of the following is NOT an example of legal dual agency in Maryland?
A) Chet, the managing broker, represents a seller and designates one of his associated salespersons,
Chanice, to represent the buyer in the same transaction.
B) Damon, an associate broker with Sunshine Realty, represents the property seller, and Jake, a
salesperson at the same firm, represents the property buyer.
C) Patrice, the office manager of Nest Egg Homes, appoints salesperson Sharlene to represent the seller
and salesperson Butch to represent the buyer of a property listed with Nest Egg.
D) Ruthe, an associate broker with Fortunata Realty, represents a property seller, and Lisa, another
associate broker at the same firm, represents that property's buyer. - ANSWER A) Chet, the managing
broker, represents a seller and designates one of his associated salespersons, Chanice, to represent the
buyer in the same transaction.
Phoebe's New Jersey real estate license was revoked after she was convicted of intentional
misrepresentation. When the Maryland Real Estate Commission learns of this, it summarily revokes her
Maryland salesperson's license. Does it have the power to do this?
A) No. MREC may not revoke a license before the licensee has a chance to present her case at a hearing.
B) No. MREC would have to prove that she has violated Maryland license law in order to revoke her
Maryland license.
C) Yes, but Phoebe may request a hearing to appeal the revocation.
D) Yes. Revocation in another state automatically means her Maryland license must be revoked. -
ANSWER C) Yes, but Phoebe may request a hearing to appeal the revocation.
Unless the real estate licensee who posts the ad is otherwise properly licensed, which of these ads
violates PHIFA rules in Maryland?
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