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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Maryland State Portion | 30% | - Maryland-Specific Laws and Regulations
|
| National Portion | 80% | - Transfer of Title
|
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
Which type of antitrust violation involves two or more businesses conspiring against another business?
- A. Price fixing
- B. Tie-in arrangement
- C. Market allocation
- D. Group boycotting
Correct Answer: D 🗳️
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What items go into the seller's credit column and the buyer's debit column when calculating prorations?
- A. Unpaid property taxes
- B. The buyer's loan amount
- C. Prepaid property taxes
- D. Home inspection fees
Correct Answer: C 🗳️
Explanation: Only visible for Actual4dump members. You can sign-up / login (it's free).
The cost approach to finding an appraised value measures which of the following?
- A. The cost to construct a reproduction only
- B. The cost to acquire land and construct a reproduction
- C. The cost to acquire land only
- D. The expenses the property is expected to produce for the owner
Correct Answer: B 🗳️
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Which loan type is a fixed-rate mortgage where the monthly principal payments increase over time, according to a set schedule?
- A. Growing equity
- B. Pledged account
- C. Negative amortization
- D. Blanket
Correct Answer: A 🗳️
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What happens when personal property is attached to real property?
- A. It becomes a fixture.
- B. It's classified as emblements.
- C. It's considered detached property.
- D. It remains personal property.
Correct Answer: A 🗳️
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