Updated: Aug 24, 2026
No. of Questions: 214 Questions & Answers with Testing Engine
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| Certification Vendor: | Maryland Real Estate Commission (MREC) / PSI Services LLC |
| Exam Name: | Maryland Real Estate Salesperson Examination |
| Exam Number: | MD-RE-SALESPERSON (PSI administered) |
| Certificate Validity Period: | Exam pass valid for 1 year to apply for licensure; license renewal typically every 2 years (CE required) |
| Exam Price: | $44 USD (exam fee paid to PSI) |
| Exam Duration: | 120 minutes |
| Passing Score: | 70% per section (National + State) |
| Exam Format: | Computer-based test, Multiple-choice questions, Two sections (National + State) |
| Available Languages: | English |
| Related Certifications: | Maryland Real Estate Broker License |
| Real Exam Qty: | 110 (80 National + 30 Maryland State) |
| Recommended Training: | Maryland Real Estate Pre-Licensing Education Providers (General Search Entry) PSI Exam Preparation Resources |
| Exam Registration: | PSI Candidate Information (Maryland Real Estate) Maryland Real Estate Commission Exam Information |
| Sample Questions: | Real Estate Maryland-Real-Estate-Salesperson Sample Questions |
| 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 |
| Section | Objectives |
|---|---|
| Topic 1: National Real Estate Principles | - Property Ownership and Land Use Controls - Real Estate Practice and Fair Housing - Valuation and Market Analysis - Contracts - Financing - Transfer of Title and Closing Procedures - Agency Relationships and Duties - Real Estate Calculations |
| Topic 2: Maryland State Law and Regulations | - Maryland Real Estate Commission (MREC) Rules and Authority - Trust Accounts and Handling Client Funds - Agency Disclosure and Representation in Maryland - Licensing Requirements and Procedures - Disciplinary Actions and Enforcement - Property Disclosure Requirements (e.g., defects, lead-based paint) - Advertising and Brokerage Practices |
1. At its most basic level, which type of antitrust violation is a conspiracy between business competitors to set their prices to buy or sell goods or services at a certain price point?
A) Group boycotting
B) Price fixing
C) Tie-in arrangement
D) Market allocation
2. Which of the following is true about USDA loans?
A) Loan terms may be as long as 38 years.
B) They mirror the requirements for conventional loans.
C) They're for farm loans only.
D) They're for rural housing loans only.
3. Joe and Emma Parsons begin informally working with their neighbor Kyle, who's a real estate licensee, to find a bigger house. The parties have not signed any agreements or discussed the arrangements. This is an example of ______ agency.
A) Executory
B) Unspoken
C) Implied
D) Express
4. How large is an acre?
A) 43,560 feet
B) 10,000 square meters
C) 5,480 square feet
D) 43,560 square feet
5. In which type of lease does the tenant pay some or all expenses separately?
A) Gross lease
B) Sublease
C) Percentage lease
D) Net lease
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: D |
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