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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. Which of these is an example of a lot-and-block description?

A) Lot 6 of Block 3 of the East Subdivision plat as recorded in Map Book 18, Page 11 at the Recorder of Deeds
B) "Beginning at the iron pin 30 paces from the center of the brook that runs across the road southwesterly from the dwelling ..."
C) S ½ SE ¼ NW ¼ Section 2 ...
D) 123 Roanoke Street Any Town, ST 98765

2. In a real estate transaction, what's a real estate licensee's responsibility regarding household lead hazards for homes built before 1978?

A) To disclose to buyers that there's lead-based paint in a home
B) To remind the sellers to disclose the possible presence of lead-based paint to a buyer
C) To make sure all lead is removed by a licensed professional
D) To instruct the seller to remediate the lead-based paint

3. A negotiable instrument must contain an order to pay or a ______.

A) Flexible sum of money
B) Notary stamp
C) Promise to pay
D) Hand written signature

4. At the end of this month, Evy will have been paying rent on her ground lease for 15 years. She's decided to give 30 days' notice to the landowner that she plans to buy out the lease. What type of ground lease does Evy have?

A) Regular ground lease
B) Redeemable ground lease
C) Irregular ground lease
D) Irredeemable ground lease

5. What is the term for paying off a loan over time?

A) Amortization
B) Installment
C) Mortgage
D) Loan

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