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Real Estate Maryland-Real-Estate-Salesperson Exam Overview:

Certification Vendor:Maryland Real Estate Commission (MREC) / PSI Services LLC
Exam Name:Maryland Real Estate Salesperson Examination
Exam Number:MD-RE-SALESPERSON (PSI administered)
Real Exam Qty:110 (80 National + 30 Maryland State)
Certificate Validity Period:Exam pass valid for 1 year to apply for licensure; license renewal typically every 2 years (CE required)
Exam Duration:120 minutes
Passing Score:70% per section (National + State)
Related Certifications:Maryland Real Estate Broker License
Available Languages:English
Exam Format:Computer-based test, Two sections (National + State), Multiple-choice questions
Exam Price:$44 USD (exam fee paid to PSI)
Recommended Training:Maryland Real Estate Pre-Licensing Education Providers (General Search Entry)
PSI Exam Preparation Resources
Exam Registration:Maryland Real Estate Commission Exam Information
PSI Candidate Information (Maryland Real Estate)
Sample Questions: DOWNLOAD DEMO
Exam Way:In-person computer-based exam at PSI testing centers
Pre Condition:Completion of 60-hour approved pre-licensing education and eligibility approval through PSI/MREC
Official Syllabus URL:https://labor.maryland.gov/license/mrec/mrecexam.shtml

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

SectionObjectives
Topic 1: Maryland State Law and Regulations- Disciplinary Actions and Enforcement
- Maryland Real Estate Commission (MREC) Rules and Authority
- Trust Accounts and Handling Client Funds
- Advertising and Brokerage Practices
- Licensing Requirements and Procedures
- Agency Disclosure and Representation in Maryland
- Property Disclosure Requirements (e.g., defects, lead-based paint)
Topic 2: National Real Estate Principles- Property Ownership and Land Use Controls
- Valuation and Market Analysis
- Real Estate Calculations
- Real Estate Practice and Fair Housing
- Agency Relationships and Duties
- Contracts
- Financing
- Transfer of Title and Closing Procedures

Real Estate Maryland-Real-Estate-Salesperson Exam: Read Before You Buy

Real Estate Maryland Real Estate Salesperson Examination is an official Maryland Real Estate Commission (MREC) / PSI Services LLC exam, catalogued under exam code Maryland-Real-Estate-Salesperson. Passing it awards the Maryland Real Estate Salesperson License certification at the Associate level. It also connects with Maryland Real Estate Broker License. It is built for candidates with ambitious aims, and the credential it grants is recognized accordingly.

Real Estate Maryland Real Estate Salesperson Examination spans 2 official domains, led by National Real Estate Principles, Maryland State Law and Regulations. The complete outline sits above; before getting down to business, look through the whole contents quickly so every later practice session has context.

The Real Estate Maryland Real Estate Salesperson Examination exam presents 110 (80 National + 30 Maryland State) questions within 120 minutes. A practical tip from successful candidates: mark the most difficult questions during practice, exchange notes on them with friends, and repeat them until they stop being difficult. The iPassleader engine makes that loop fast, and the clock stops being a threat.

Passing Real Estate Maryland Real Estate Salesperson Examination requires 70% per section (National + State), and official registration costs $44 USD (exam fee paid to PSI). Retakes bill the full $44 USD (exam fee paid to PSI) again, so verify readiness before booking: when your iPassleader practice scores clear the requirement repeatedly, including on questions you once marked as difficult, you are ready.

Completion of 60-hour approved pre-licensing education and eligibility approval through PSI/MREC

Requirements change from time to time, so confirm the current conditions before registering on the official exam page.

Real Estate Maryland Real Estate Salesperson Examination registration is handled through the official channels below.

When you schedule, note that the exam is delivered In-person computer-based exam at PSI testing centers.

Maryland Real Estate Commission (MREC) / PSI Services LLC recommends the following training for Real Estate Maryland Real Estate Salesperson Examination candidates.

Combine any training with the 214 practice questions in the iPassleader Maryland-Real-Estate-Salesperson package; one or two focused days of repeated practice after a course is often what locks the knowledge in.

Yes, a free demo of the Real Estate Maryland Real Estate Salesperson Examination questions is available before purchase. Afterward, you can track freshness by the updating version number on the website, and whenever questions change we instantly email the details to you, free for 365 days. We even keep sending the latest questions after you pass, so you can follow every tiny change. After expiry, extending updates costs 50% of the regular price.

Your purchase carries a 100% money-back guarantee under clear conditions. Take the Real Estate Maryland Real Estate Salesperson Examination exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.

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Real Estate Maryland Real Estate Salesperson Examination Sample Questions:

In relation to appraisals, what is a "federally related transaction"?

  • A. A real estate transaction in which a federal financial agency or regulatory authority is involved
  • B. A transaction involving the sale of government secrets
  • C. An appraisal that a federally licensed appraiser conducts
  • D. A transaction in which financing is obtained from foreign investors
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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_____ is a process in which an appraiser determines a probable range of values for a property by comparing a group of comparable sales to the subject. The appraiser attempts to include both superior and inferior units of comparison, such as age and transaction price.

  • A. Substituting
  • B. Bracketing
  • C. Surrounding
  • D. Bridging
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Which statement best represents how dual agency is impacted by teams in Maryland?

  • A. Dual agency isn't allowed within real estate teams.
  • B. The broker may designate ICAs from within a team, with the broker or office manager serving as the dual agent.
  • C. The broker may serve as an ICA along with a team member.
  • D. The dual agent may be part of the same team as the ICAs.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Fritz is buying Guy's property, which is listed with broker Sara. Who are the parties to the listing agreement?

  • A. Fritz, Guy, and Sara
  • B. Guy and Sara
  • C. Fritz and Guy
  • D. Fritz and Sara
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Why was the Civil Rights Act of 1866 monumental among fair housing and antidiscrimination laws?

  • A. It added sexual orientation as a protected class.
  • B. It abolished slavery.
  • C. It was adopted by the United Nations.
  • D. It provided no exceptions for discrimination based on race or color.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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