Maryland Real Estate Practice Test

To secure 'safe harbor' protection under PHIFA for a short sale, a licensee must

Landlords may require security deposits of up to

What are the usual steps to obtaining a real estate license?

Dual Agency requires

Trust money must be divided within how many days of acceptance of a contract sale by both parties

How many brokers can there be in Maryland real estate firm?

Which category of persons is eligible for financial relief due to the effects of lead paint poisoning?

Act of encouraging people to sell or rent their homes by claiming that entry of a protected class into a neighborhood

Real estate licensees are permitted to organize as the following business entity:

Typically, who pays for the evidence of the title in a real estate transaction in Maryland

Form of time-share ownership in which customers buy fractional interests for designated time periods is called

Maryland's general (ad valorem) tax assessment is

In order for work to qualify for a mechanic lien, the work must improve a property by what percentage

In order to be eligible for recordation, a deed should contain

The limitations on buyer protection from the guaranty fund in any transaction is

A lease with a option must include which of the following statements?

Requirements that establish competency in entering real estate include all of the following EXCEPT

Which are NOT one of the three levels of licenses

A ground lease tenant typically owns the

Licensees owe which of the following duties only to their clients?

A short sale

A deed poll is defined as a deed signed only by a

A person may file for errors on a survey against a land surveyor no more than how many years after the survey was made?

MD resident purchasers have the right to void contract prior to settlement if discovered the seller failed to disclose

What is required at every residential settlement in Maryland?

Open houses have requirements concerning agency representation including

Unrecorded deeds are valid between grantors, grantees and

Types of listing contracts used in Maryland include all of the following EXCEPT

Which of the following are subject to the Brokers Act when engaged in real estate dealing?

A rental listing agent for a pre 1978 Maryland residance should make sure

Maryland's residential anti-discrimination exceptions include

Who can hold property as tenants by the entirety

Which of the following is NOT a role that can be played by licensees in Maryland real estate brokerage?

Which of the following activities may an unlicensed personal assistant perform?

Tenents have a right to demand a copy of the written report of property condition. The report must be requested within

Which of the following protected classes is specified under Maryland law but not federal law?

Instead of the policy for title insurance, attorneys can issue

If a residential rental facility is being converted to a condo, how many days does a tenant have to vacate after notice

Federal law provides the purchasers can demand a 10 day interval to secure a

Listing brokers may divide their commissions with all of the following EXCEPT