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Real Estate Maryland Real Estate Salesperson Examination Sample Questions (Q82-Q87):

NEW QUESTION # 82
What agency enforces fair housing laws in Maryland?

A. The Fair Housing Updates Board
B. The Discriminatory Acts Board
C. The Commission on Civil Rights
D. The Fair Housing Administration and Enforcement Board

Answer: C

Explanation:
The Maryland Commission on Civil Rights (MCCR) is the state agency responsible for enforcing fair housing laws within Maryland.
Under the Maryland Fair Housing Act (found in Title 20 of the State Government Article), the MCCR investigates complaints of discrimination in housing based on race, color, religion, sex, familial status, national origin, marital status, sexual orientation, gender identity, and disability.
The MCCR's duties include:
* Receiving and investigating housing discrimination complaints.
* Attempting conciliation between parties when possible.
* Referring cases to the U.S. Department of Housing and Urban Development (HUD) when they fall under federal jurisdiction.
* Enforcing penalties and ensuring compliance with both state and federal fair housing standards.
In the Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course, this information is covered under the "Maryland Fair Housing and Ethics Requirements" module, emphasizing that licensees must understand and comply with both federal Fair Housing Act provisions and Maryland's additional protected classes enforced by the MCCR.
Reference (Maryland Source):
* Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Maryland Fair Housing and Ethics Requirements" Module
* Annotated Code of Maryland, State Government Article, Title 20 - Human Relations, 20-701 to 20-
711 (Maryland Fair Housing Act).

NEW QUESTION # 83
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. Tie-in arrangement
B. Price fixing
C. Market allocation
D. Group boycotting

Answer: B

Explanation:
Price fixing occurs when competing firms agree to set prices, fees, or commission rates rather than allowing them to be independently determined. In real estate, this includes agreements among brokers to set commission rates or fee structures-an antitrust violation. Market allocation divides territories or clients, group boycotts are concerted refusals to deal, and tie-in arrangements force the purchase of a second product/service as a condition of sale.
Reference: Maryland pre-licensing curriculum - Brokerage Operations (antitrust compliance: price fixing, market allocation, boycotts, tie-ins).

NEW QUESTION # 84
Who is typically responsible for paying the commission to a listing agent in a real estate transaction?

A. The buyer and the seller
B. The buyer
C. The seller
D. The buyer and the licensee

Answer: C

Explanation:
In Maryland, agency exists when a licensee represents a client under a brokerage agreement. If the seller has a written listing agreement with a broker, the seller is the client.
An unrepresented buyer is considered a customer, not a client. The licensee owes customers limited duties- honesty, fair dealing, and disclosure of material facts-but does not owe fiduciary duties such as loyalty, confidentiality, or obedience.
Therefore, in this case, the seller is the only client.
Reference: Maryland 60-Hour Principles and Practices - "Law of Agency" module; Maryland Business Occupations and Professions Article 17-530-17-532.

NEW QUESTION # 85
[Listing Agreements and Buyer Representation]Properly pricing a property that is entering the market will

Answer:

Explanation:
Increase the chances of a buyer making an offer and potentially reduce the amount of time the home is on the marketB. Most likely upset the sellers, because they'll net less than they would have if the home were priced higherC. Typically result in an offer within the first one or two daysD. Upset the buyer because it creates a more competitive market Maryland pre-licensing emphasizes that setting market-correct list price-supported by a CMA and current market conditions-maximizes exposure, attracts ready buyers, and typically shortens days on market.
Overpricing reduces showings and invites price reductions; underpricing risks leaving money on the table but does not guarantee instant offers. Correct pricing improves the probability of offers and a timelier sale.
References: Maryland 60-Hour Course: "Listing Agreements and Buyer Representation" (CMA, pricing strategy, days on market effects); "Real Estate Appraisal and Valuation" (market value principles).

NEW QUESTION # 86
Which act gives companies the right to sue a competitor for making deceptive ad claims?

A. The Lanham Act
B. The Truth in Advertising Act
C. The Privacy Act
D. The Gramm-Leach-Bliley Act

Answer: A

Explanation:
Within Brokerage Operations and Advertising Compliance, the course explains that while state license laws prohibit false, misleading, or deceptive advertising, at the federal level the Lanham Act allows businesses to bring civil actions against competitors for false or misleading advertising that misrepresents the nature, characteristics, or qualities of goods or services. This is distinct from consumer protection frameworks (e.g., FTC Act) and privacy/financial statutes (e.g., Gramm-Leach-Bliley Act and the Privacy Act), which do not create the same competitor-to-competitor false advertising claim.
References: Maryland 60-Hour Principles and Practices of Real Estate - Brokerage Operations: Advertising rules and liability; Overview of federal advertising enforcement and the Lanham Act (false advertising and unfair competition).

NEW QUESTION # 87
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