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Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:

Section

Weight

Objectives

Topic 1: National Portion

73%

- Property Disclosures

1. Property condition disclosures
2. Lead-based paint and other federal requirements
3. Environmental disclosures

- Land Use Controls and Regulations

1. Private controls: deed restrictions, HOA rules
2. Public controls: zoning, building codes, environmental laws

- Financing

1. Mortgage types and lending regulations
2. Loan qualification and underwriting
3. Government loan programs (FHA, VA, USDA)
4. Closing and settlement procedures

- Valuation and Market Analysis

1. Comparative market analysis
2. Factors affecting property value
3. Appraisal principles and methods

- Contracts

1. Contract contingencies and remedies
2. Purchase and sale agreements
3. Listing and buyer representation contracts
4. Elements of valid contracts

- Property Ownership

1. Real and personal property
2. Land characteristics and legal descriptions
3. Encumbrances and easements
4. Forms of ownership

- Transfer of Property

1. Title insurance and recording
2. Deeds and title transfer
3. Closing process and documents

- Real Estate Calculations

1. Prorations and closing costs
2. Commission and fee calculations
3. Area and volume measurements

- Practice of Real Estate

1. Advertising and business practices
2. Escrow and trust account management
3. Fair housing laws and anti-discrimination

- General Principles of Agency

1. Agency relationships and creation
2. Agency disclosure requirements
3. Fiduciary duties and obligations
4. Termination of agency

Topic 2: Maryland State Portion

27%

- Duties and Powers of the Real Estate Commission

1. Commission structure and authority
2. Rulemaking and enforcement
3. Disciplinary actions and penalties

- Business Conduct

1. Trust fund handling
2. Unlawful practices and prohibited acts
3. Advertising regulations

- Supervision

1. Office management and record keeping
2. Compliance oversight
3. Broker responsibility for licensees

- Ethics

1. Conflicts of interest
2. Confidentiality and disclosure
3. Professional standards and conduct

- Licensing Requirements

1. License types and scope of authority
2. Eligibility and education requirements
3. Application and renewal procedures

- Brokerage Relationships

1. Maryland agency definitions and rules
2. Disclosure forms and requirements
3. Duties to clients and customers

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

Question #1

When prospecting and soliciting for new business, licensees should be familiar with which federal acts?

A. Do Not Call Implementation Act, Sherman Act, and Unfair Trade Practices Act
B. Do Not Call Implementation Act, CAN-SPAM Act, and Junk Fax Prevention Act
C. Human Relations Act, Fair Housing Act, and Americans with Disabilities Act
D. Sherman Act, Clayton Act, and Unfair Trade Practices Act

Reveal Solution Discussion 0

Correct Answer: B 🗳️