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Real Estate Salesperson Exam — National Portion

Agency (MD): practice questions

Our Real Estate (National) bank has 6 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Maryland

How can a Maryland licensee holding an open house meet the agency disclosure rule?

  1. Say nothing
  2. Post a notice that they represent the seller
  3. Hand out business cards
  4. Get each visitor's signature on a sign-in sheet
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B. Post a notice that they represent the seller — Md. Bus. Occ. & Prof. 17-530(b)(2).

Question 2 · Maryland

After a Maryland brokerage relationship ends, which duty continues?

  1. Seeking offers
  2. Keeping personal and financial details confidential
  3. Showing properties to the former client's buyers
  4. Promoting the client's interests
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B. Keeping personal and financial details confidential — Md. Bus. Occ. & Prof. 17-534(d).

Question 3 · Maryland

When must a Maryland agent give the written agency disclosure in a residential deal?

  1. At closing
  2. By the first scheduled face-to-face contact
  3. When an offer is made
  4. Within 30 days of the first phone call
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B. By the first scheduled face-to-face contact — Md. Bus. Occ. & Prof. 17-530(b).

Question 4 · Maryland

Does paying a Maryland broker's commission create a brokerage relationship?

  1. Yes
  2. No, payment isn't determinative
  3. Only if the seller pays the commission at closing
  4. Only if the buyer pays
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B. No, payment isn't determinative — Md. Bus. Occ. & Prof. 17-534(e).

Question 5 · Maryland

Can Maryland agent duties to a client under 17-532 be waived?

  1. Yes, in writing
  2. No
  3. Only for commercial deals
  4. Only with Commission approval
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B. No — Md. Bus. Occ. & Prof. 17-532(g).

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