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[Hardware] Examcollection Maryland-Real-Estate-Salesperson Dumps Torrent & Maryland-Rea

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【Hardware】 Examcollection Maryland-Real-Estate-Salesperson Dumps Torrent & Maryland-Rea

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Real Estate Maryland Real Estate Salesperson Examination Sample Questions (Q211-Q216):NEW QUESTION # 211
Kip is a sub-agent working with a buyer customer, Charlie, for Sheila's listing of May's property. To whom does Kip owe his loyalty?
  • A. May
  • B. Sheila and Charlie
  • C. Charlie
  • D. Sheila and May
Answer: A
Explanation:
Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:
In a sub-agency relationship, the cooperating licensee (sub-agent) works with a buyer but represents the seller, not the buyer.
Kip, as a sub-agent, owes fiduciary duties of loyalty, obedience, confidentiality, and disclosure to the seller (May), the same client represented by Sheila, the listing agent.
The buyer, Charlie, is treated as a customer, not a client, meaning no fiduciary obligations exist beyond honesty and fair dealing.
This principle is covered in Maryland's Law of Agency and Brokerage Operations modules.
Reference (Maryland Source):
- Maryland 60-Hour Principles and Practices Course, Agency Relationships and Sub-Agency sections.
- Business Occupations and Professions Article §17-530 - §17-534.

NEW QUESTION # 212
Isabelle just took on a new listing, in which the owner is selling because a new freeway is being built right behind the house. The owner is concerned about the noise and other activity the freeway will bring, but doesn't want prospective buyers to know this. Which action best demonstrates good faith in this scenario?
  • A. Isabelle takes the listing, tells the seller she won't discuss the new freeway, then discloses this fact to prospective buyers, since it's material to the property.
  • B. Isabelle takes the listing and, per her client's instructions, doesn't tell prospective buyers about the planned road construction.
  • C. Isabelle tells the owner that this is a material fact related to the property that must be disclosed to prospective buyers, or Isabelle will not take the listing.
  • D. Isabelle decides not to take the listing, since the property will be impossible to sell.
Answer: C
Explanation:
Licensees owe duties of honesty, good faith, and disclosure of material facts. A planned freeway immediately behind the property is a material fact affecting value and desirability and must be disclosed to prospective buyers. If a seller instructs the agent to conceal material facts, the agent must refuse to withhold such information; if the seller insists, the appropriate course is to decline or terminate the listing rather than participate in misrepresentation.
Option C shows conflicting promises to the client; the correct ethical and legal approach is to require disclosure as a condition of representation (Option D).
References: Maryland pre-licensing curriculum-Fair Housing and Ethics and Maryland Agency Law (duties to clients and customers; disclosure of material facts; prohibition on misrepresentation and concealment).

NEW QUESTION # 213
When a lower-quality property is adjacent to a higher-quality property, it can diminish the value of the higher- quality property. What economic principle of value is this?
  • A. Anticipation
  • B. Regression
  • C. Contribution
  • D. Progression
Answer: B
Explanation:
The principle of regression states that a property of higher value may decrease in worth when located near or among lower-quality properties. Conversely, the principle of progression means a lower-valued property can gain value by proximity to higher-quality ones.
This concept is emphasized in the Maryland pre-licensing module "Real Estate Appraisal and Valuation" to explain how neighborhood characteristics influence market value.
Reference:Maryland 60-Hour Principles and Practices Course - "Real Estate Appraisal and Valuation" Topic; Appraisal Principles and FIRREA-based Standards.

NEW QUESTION # 214
Which of these items should real estate professionals help first-time buyers and buyers who have experienced recent credit issues to understand?
  • A. Appropriate financing
  • B. High-risk loan products
  • C. Rental options and high-risk loan products
  • D. Rental options
Answer: A
Explanation:
In Maryland pre-licensing, licensees are taught to help buyers-especially first-time purchasers or those with recent credit challenges-understand appropriate, suitable financing options (fixed vs. adjustable rates, government-backed loans, down payment assistance, points, APR, mortgage insurance, qualifying ratios), and to avoid steering to high-risk or predatory products. This aligns with consumer-protection principles, agency duties, and federal disclosure frameworks (TILA/RESPA) covered in the financing module.
References: Maryland 60-Hour Course - Real Estate Financing (loan types, suitability, disclosures); Fair Housing and Ethics (avoiding harmful steering); Closing the Transaction (financing contingencies and approvals).

NEW QUESTION # 215
What is the default data retention period for login history in Salesforce?
  • A. 125 days
  • B. 30 days
  • C. 60 days
  • D. 90 days
Answer: D
Explanation:
Comprehensive and Detailed
Maryland's Real Estate Agency Law (§17-530, Business Occupations and Professions Article) mandates that written agency disclosure be provided to all parties in any residential lease transaction exceeding 90 days.
This ensures transparency in representation and prevents misunderstandings regarding whom the licensee represents in the transaction.
The disclosure must occur no later than the first scheduled face-to-face meeting with the prospective tenant or landlord.

NEW QUESTION # 216
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