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[General] Maryland-Real-Estate-Salesperson New Exam Braindumps | Valid Maryland-Real-Estat

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【General】 Maryland-Real-Estate-Salesperson New Exam Braindumps | Valid Maryland-Real-Estat

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Real Estate Maryland Real Estate Salesperson Examination Sample Questions (Q63-Q68):NEW QUESTION # 63
When operating under a power of attorney concerning the transfer of real property, who may sign in place of the principal?
  • A. Agent
  • B. Grantee
  • C. County clerk
  • D. Principal
Answer: A
Explanation:
Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:
A power of attorney (POA) is a legal document authorizing one person (the agent or attorney-in-fact) to act on behalf of another person (the principal) in specified matters.
When it comes to transferring real property, a valid, notarized, and recorded power of attorney gives the agent the authority to sign all necessary documents in place of the principal.
The Maryland 60-Hour Course explains this under "Transfer of Title," emphasizing that all signatures must be properly acknowledged to be legally enforceable, and the power of attorney must be recorded with the deed.
Reference:
Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Transfer of Title" Module Maryland Real Property Article §4-107 - Execution by Attorney-in-Fact; Power of Attorney Requirements.

NEW QUESTION # 64
Which of the following is an example of positive misrepresentation?
  • A. An inadvertent error occurred.
  • B. An agent knowingly made a false statement that caused harm.
  • C. An agent made an unintentional error that resulted in a positive outcome.
  • D. It results in a positive outcome.
Answer: B
Explanation:
In real estate, positive (affirmative) misrepresentation occurs when a licensee makes an affirmative statement of fact that is false. When the statement is knowingly false and causes reliance and harm, it rises to fraudulent misrepresentation-but it is still a positive (affirmative) misrepresentation because it is an overt, false assertion (as opposed to concealment/nondisclosure, sometimes called passive misrepresentation).
* Option A describes an affirmative false statement that causes harm (i.e., a classic example of positive misrepresentation; intent makes it fraudulent).
* Options B and C describe innocent/negligent errors but don't clearly state an affirmative false statement of material fact.
* Option D confuses "positive" with "beneficial outcome," which is not what the term means.
References (Maryland Pre-Licensing Core Content):
* Maryland 60-Hour Course: "Real Estate Brokerage and the Law of Agency" (truthful dealing; material facts; affirmative vs. passive misrepresentation; fraudulent vs. negligent vs. innocent misrepresentation).
* COMAR 09.11.02 (standards of practice: honesty, fair dealing, and prohibition against misrepresentation).

NEW QUESTION # 65
What's the area of a rectangular building that's 40 feet by 20 feet?
  • A. 800 feet
  • B. 80 square feet
  • C. 800 square feet
  • D. 80 feet
Answer: C
Explanation:
Area of a rectangle = length × width. Here, 40 ft × 20 ft = 800 square feet. Area is always expressed in square units.
Reference: Maryland pre-licensing curriculum - Math for Real Estate (area of rectangles/squares; unit labeling for area vs. linear measures).

NEW QUESTION # 66
Members of the Maryland Real Estate Commission serve _______ -year terms.
  • A. Two
  • B. Five
  • C. Six
  • D. Four
Answer: D
Explanation:
Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:
According to the Maryland Real Estate Brokers Act, which governs the Maryland Real Estate Commission (MREC), the Commission consists of nine members appointed by the Governor of Maryland with the advice and consent of the Senate. Each member serves a four-year term and may remain in office until a successor is appointed and qualified. Members may be reappointed for additional terms.
The composition of the Commission is as follows:
Five licensed real estate professionals, each representing one of Maryland's five geographic regions.
Four consumer members, who are not licensed real estate professionals and have no substantial financial interest in the real estate industry.
This organizational and term structure ensures both professional and public representation within the Commission's regulatory activities. The information is directly derived from Title 17 of the Business Occupations and Professions Article, §17-202 of the Annotated Code of Maryland - the same statute summarized in the Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course under the "Maryland License Law and Regulations" section.
Reference (Maryland Source):
Maryland Business Occupations and Professions Article, Title 17, §17-202 - Maryland Real Estate Commission; Membership; Terms.

NEW QUESTION # 67
If you take gross income and deduct operating expenses, what do you get?
  • A. Net operating income
  • B. Profit
  • C. Potential gross income
  • D. Effective gross income
Answer: A
Explanation:
Net Operating Income (NOI) is the income remaining after deducting operating expenses from the property's operating income. In appraisal (income approach) and investment analysis, the standard relationships are:
* Potential Gross Income (PGI) = income at full occupancy (before vacancies and collection loss).
* Effective Gross Income (EGI) = PGI minus vacancy/collection loss plus other income.
References: Maryland 60-Hour Course: "Real Estate Appraisal and Valuation" (income approach; PGI, EGI, NOI definitions and formulas); "Math for Real Estate and Practical Applications."

NEW QUESTION # 68
......
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