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[General] Real Estate Maryland-Real-Estate-SalespersonTȥ`󥰡Maryland-Real-Estate-Salesp

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General Real Estate Maryland-Real-Estate-SalespersonTȥ`󥰡Maryland-Real-Estate-Salesp

Posted at 2/17/2026 08:19:57      View165 | Replies0        Print      Only Author   [Copy Link] 1#
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U¤ˤϡ줿P֪RҪǤ Maryland-Real-Estate-SalespersonԇY˺ϸ񤹤ȡ¤ҊĤΤޤߤMaryland-Real-Estate-Salesperson|ȥȤ򥯥饤ȤṩޤReal EstateYߤMaryland-Real-Estate-SalespersonԇY˺g˺ϸǤ뤳ȤĿָƤޤ˽ṩMaryland-Real-Estate-Salespersonѧ̲Ϻϸʤȥҥåʤߤ뤿ΤΤǤʂȴ_J٤rg򤫤ǡMaryland-Real-Estate-SalespersonԇY˺ϸǤޤrgȄϤۤȤɤޤ󡣥եȥoϤǥ`ɤơُ뤹ǰԇäǤޤ
ԇYΜʂ䷽-_ĤMaryland-Real-Estate-SalespersonTȥ`ԇY-yMaryland-Real-Estate-SalespersonԇY}hȟ֤äMaryland-Real-Estate-SalespersonYϤAĤѧϡReal EstateԇY˺ϸ񤹤뤳Ȥ^ޤѧYϤΘץХ`ȤơDZͤयעĿ򼯤뤿ˡͬȤΥƥȤȱ^Maryland-Real-Estate-SalespersonģMƥȤθߤϸʤ׷󤷤ƤޤΈϡʤ顢Maryland-Real-Estate-Salespersonѧ̲ԇY˺ϸ񤷤ʤäϡuƷMäϤȫ~𤵤ޤ Maryland-Real-Estate-SalespersonоȥȤϡߤϸʤǤĤ餷Τˤʤޤ
Real Estate Maryland Real Estate Salesperson Examination J Maryland-Real-Estate-Salesperson ԇY} (Q83-Q88):| # 83
Appraiser Niles uses ________ to determine a range of values based on comparing a subject property to comparable sales. He makes sure to use some comparables that lack features of his subject property, and others that have even more desirable features, to balance out the comparison.
  • A. Substituting
  • B. Bracketing
  • C. Correlation
  • D. Competition
⣺B
h
Bracketing is an appraisal technique used in the sales comparison approach.
An appraiser selects comparables ("comps") that are both superior and inferior to the subject property in key features (size, amenities, condition, etc.) to ensure the subject's value falls within a supported range.
This method provides a balanced and realistic market value estimate.
The Maryland pre-licensing course explains bracketing in the "Real Estate Appraisal and Valuation" section to prepare students for both state and national exam questions on comparative analysis.
Reference:
Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Real Estate Appraisal and Valuation" Module Uniform Standards of Professional Appraisal Practice (USPAP) - Sales Comparison Approach Guidance.

| # 84
The power of the state to claim property when the owner dies without a will and without locatable heirs or creditors is also known as ______.
  • A. Escheat
  • B. Eminent domain
  • C. Taking
  • D. Life estate
⣺A
h
Escheat is the government's power to take title to property when someone dies intestate (without a will) and no heirs or creditors can be found. This differs from eminent domain (the government's power to take private property for public use with just compensation) and from a taking (the act under eminent domain). A life estate is a private freehold interest measured by a person's lifetime, not a government power. These core definitions are covered in the Real Property and the Law module.
References:
Maryland 60-Hour Principles & Practices Course - Real Property and the Law (government powers:
police power, eminent domain, taxation, escheat).

| # 85
What regulation or regulatory authority identifies sites that have hazardous substances, and requires the responsible parties to clean them up?
  • A. Department of Housing and Urban Development
  • B. Comprehensive Environmental Response, Compensation, and Liability Act
  • C. State Department of Environmental Quality
  • D. The National Environmental Policy Act
⣺B
h
Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:
The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), enacted in 1980 and commonly known as "Superfund," authorizes the Environmental Protection Agency (EPA) to identify and clean up sites contaminated with hazardous substances.
CERCLA also establishes liability for potentially responsible parties (PRPs)-including current and past owners, operators, and those who arranged for disposal of hazardous substances.
Maryland's pre-licensing course covers CERCLA as a federal regulation that affects real estate transactions involving contaminated properties, as buyers and sellers must be aware of any cleanup responsibilities before transfer.
Reference:
Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Environmental Issues and Disclosures" Module Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (42 U.S.C. 9601 et seq.).

| # 86
Kerry is a real estate licensee who has committed an ethical violation. Which of the following is a true statement about her potential penalties?
  • A. If it is a first-time offense, she will not face any penalties.
  • B. Her license will be suspended.
  • C. She could receive a reprimand, be fined, and/or her license could be suspended or revoked.
  • D. She could go to prison.
⣺C
h
Under Maryland Business Occupations and Professions Article 17-322 and the Code of Maryland Regulations (COMAR) 09.11.02, the Maryland Real Estate Commission (MREC) may impose disciplinary action on a licensee who violates license law or the Commission's Code of Ethics. Sanctions can include a formal reprimand, monetary fine, license suspension, or license revocation. Imprisonment does not apply to ethical or administrative violations unless accompanied by criminal fraud. Each case is reviewed individually by the Commission.
Reference:Maryland 60-Hour Principles and Practices Course - "Fair Housing and Ethics" Module; Maryland Business Occupations and Professions 17-322; COMAR 09.11.02.33 (Disciplinary Actions).

| # 87
Which of these items should real estate professionals help first-time buyers and buyers who have experienced recent credit issues to understand?
  • A. High-risk loan products
  • B. Appropriate financing
  • C. Rental options
  • D. Rental options and high-risk loan products
⣺B
h
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).

| # 88
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