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Quiz Real Estate - Maryland-Real-Estate-Salesperson - Reliable Maryland Real Estate Salesperson Examination Training Questions

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Real Estate Maryland Real Estate Salesperson Examination Sample Questions (Q161-Q166):

NEW QUESTION # 161
In a real estate transaction, who does a licensee represent?

A. A principal or customer
B. A client
C. A client or customer
D. A customer

Answer: B

Explanation:
Under Maryland agency law, a real estate licensee represents a client-the party with whom the licensee has an express, written brokerage agreement. A customer is an unrepresented party who may receive ministerial acts and required disclosures but is not owed fiduciary duties of representation. Who pays compensation does not determine representation; the written agreement does.
References: Maryland Business Occupations and Professions Article, Title 17 (agency and brokerage agreements); COMAR 09.11.02 (agency disclosures and written agreements); Maryland 60-Hour Course - Maryland Agency Law module (client vs. customer; fiduciary duties only to clients).

NEW QUESTION # 162
Which photograph of a home for sale should not be published for public viewing?

A. An exterior photo showcasing the pool and outdoor kitchen/bar area
B. A photo of the master bathroom that also shows the photographer's arm reflected in the mirror
C. A wide-angle photo of the renovated kitchen that makes the area look larger than it really is
D. A photo of the billiards room that reveals the owner's collection of antique guns

Answer: D

Explanation:
Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:
The course stresses that licensees must protect a seller's privacy and personal security when marketing property. Photos that display personal possessions such as firearms, medications, financial documents, or valuables should never be published. Revealing these items can create a safety and liability risk for the seller and may violate professional ethical standards regarding confidentiality.
Therefore, the image showing the owner's collection of antique guns should not be made public.
Reference (Maryland Source):
- Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course, Listing and Marketing Property section.
- Maryland Code of Ethics for Real Estate Licensees, COMAR 09.11.02.01 et seq.

NEW QUESTION # 163
Shelly buys Mark's house, which is still in an option period with Monique. Monique decides to exercise her option after Shelly moves in. What will happen?

A. Shelly and Mark must form a new option agreement.
B. Nothing will happen, as long as Shelly has a fully executed sales contract with Mark.
C. Mark will have to refund Monique's option fee.
D. Shelly will have to sell the house to Monique.

Answer: D

Explanation:
An option contract gives the optionee (Monique) the exclusive right to purchase a property within a specified period and under specific terms, but not the obligation to do so.
When properly executed and supported by consideration (the option fee), the option is a binding contract on the property owner (Mark) and any subsequent owners who take title with constructive notice of the existing option.
Therefore, when Monique exercises her valid option within the option period, Shelly must honor it-the property must be sold to Monique under the agreed terms.
Reference:
Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Real Estate Contracts" Module Maryland Contract Law Principles - Option Contracts and Specific Performance.

NEW QUESTION # 164
________ can be defined as everything that's not real property.

A. Real estate
B. Personal property
C. Land property
D. Private property

Answer: B

Explanation:
Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:
Personal property (also known as chattel) refers to movable items that are not permanently attached to the land or the improvements on it.
Examples include furniture, vehicles, and trade equipment. In contrast, real property includes land, improvements, and the legal rights associated with ownership.
The distinction between real and personal property is a core principle of real estate law covered early in the Maryland 60-Hour Course under "Real Property and the Law." Reference:
Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Real Property and the Law" Module Common Law Property Definitions recognized by the Maryland Real Estate Commission.

NEW QUESTION # 165
Which act gives companies the right to sue a competitor for making deceptive ad claims?

A. The Privacy Act
B. The Gramm-Leach-Bliley Act
C. The Truth in Advertising Act
D. The Lanham Act

Answer: D

Explanation:
Within Brokerage Operations and Advertising Compliance, the course explains that while state license laws prohibit false, misleading, or deceptive advertising, at the federal level the Lanham Act allows businesses to bring civil actions against competitors for false or misleading advertising that misrepresents the nature, characteristics, or qualities of goods or services. This is distinct from consumer protection frameworks (e.g., FTC Act) and privacy/financial statutes (e.g., Gramm-Leach-Bliley Act and the Privacy Act), which do not create the same competitor-to-competitor false advertising claim.
References: Maryland 60-Hour Principles and Practices of Real Estate - Brokerage Operations: Advertising rules and liability; Overview of federal advertising enforcement and the Lanham Act (false advertising and unfair competition).

NEW QUESTION # 166
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