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

Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

1. In what type of lease does the landlord pay taxes, maintenance, and insurance?

A) Net lease
B) Triple net lease
C) Percentage lease
D) Gross lease

2. In which type of lease does the tenant pay some or all expenses separately?

A) Net lease
B) Percentage lease
C) Sublease
D) Gross lease

3. Which type of deed offers the strongest and broadest form of guarantee and protection of title to the grantee?

A) Quitclaim deed
B) Executor's deed
C) Full covenant and warranty deed
D) Bargain and sale deed

4. Octogenarians Gertie and Frank both have advanced Alzheimer's disease and met in Sunset Living, a skilled nursing center for people with advanced Alzheimer's disease, where they're both residents. They fell in love and get hitched, signing a marriage certificate. This is an example of a _____ contract.

A) An executory
B) A valid
C) An implied
D) An invalid

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

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

Solutions: