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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Carson is purchasing a $600,000 property by obtaining an 80/20 loan. How much is Carson financing?

A) $120,000
B) $600,000
C) $420,000
D) $480,000

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

A) Escrow agent
B) Escrow master
C) Special agent
D) Mortgage agent

3. Which of the following is an example of a metes and bounds description?

A) S ½ SE ¼ NW ¼ Section 2 ...
B) Lot 6 of Block 3 of the Meridian subdivision ...
C) 123 Roanoke Street, Any Town, ST 98765
D) "Beginning at the iron pin 30 paces from the center of the brook that runs across the road Southwesterly from the dwelling ..."

4. A landlord locks a tenant out and requires the tenant to pay past-due rent before regaining access to the unit.
This is considered:

A) Personal possession lien process
B) Illegal
C) Termination
D) Constructive eviction

5. Ellen and Sadie signed an agreement to list Sadie's condo for sale. After the contract was signed, Sadie's father, Grant, offered to pay Ellen's commission as a housewarming present. Sadie's mom and stepdad, Linda and Rick, also chipped in. Who is Ellen's client?

A) Rick
B) Sadie
C) Linda
D) Grant

Solutions: