Free Maryland Real Estate Commission Maryland-Real-Estate-Salesperson Exam Questions

Become Maryland Real Estate Commission Certified with updated Maryland-Real-Estate-Salesperson exam questions and correct answers

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Total 101 Questions | Updated On: Aug 19, 2026

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Question 1

What must an agent do if they receive an undisclosed bonus from a seller to incentivize closing by a certain date?

A : The agent can accept the bonus without any disclosure requirements.

B : The agent must disclose the bonus to any buyers they are working with on the transaction.

C : The agent should keep the bonus confidential and not inform the broker.

D : The agent should pay the bonus to the broker.

Answer: B

Question 2

When a client understands what dual agency is and agrees in writing to allow a firm to act as a dual agent for them in a real estate transaction, this is known as __.

A : Double dipping

B : Informed consent

C : Mutual agreement

D : Representation by proxy

Answer: B

Question 3

Assume you are a licensee in Maryland who has recently entered into an agreement with a seller to represent their interests in a real estate transaction. At what point are you required to provide a potential buyer with the agency disclosure notice?

A : After the buyer deposits the earnest money in escrow

B : After the seller accepts the buyer's offer

C : At your first scheduled face-to-face meeting with the buyer about the seller's property

D : When the buyer asks you to represent them as well

Answer: C

Question 4

Why are legal descriptions required in real estate contracts?

A : To calculate the exact property taxes owed by the new owner

B : To ensure the piece of property can be clearly identified from all other properties

C : To establish the legal boundaries for future construction on the property

D : To guarantee the buyer is receiving the exact property they believe they are purchasing

Answer: B

Question 5

What do you call the person or entity that oversees trust or escrow money?

A : Escrow agent

B : Escrow master

C : Mortgage agent

D : Special agent

Answer: A

Page: 1 / 21

Total 101 Questions | Updated On: Aug 19, 2026

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