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Real Estate Maryland Real Estate Salesperson Examination Sample Questions (Q79-Q84):
NEW QUESTION # 79
Which type of antitrust violation involves two or more businesses conspiring against another business?
- A. Price fixing
- B. Group boycotting
- C. Market allocation
- D. Tie-in arrangement
Answer: B
Explanation:
A group boycott occurs when two or more competitors conspire to refuse to deal with another firm or individual, thereby attempting to eliminate competition.
This is a violation of the Sherman Antitrust Act and the Clayton Act, both covered in the "Ethics and Antitrust" section of the Maryland pre-licensing course.
Examples include two brokerages agreeing not to cooperate with a third brokerage or to exclude another licensee from access to listings.
Maryland law and the National Association of REALTORS Code of Ethics prohibit any conduct that restricts trade or limits consumer choice.
Reference (Maryland Source):
- Maryland 60-Hour Principles and Practices Course, Fair Housing and Ethics / Antitrust section.
- Sherman Antitrust Act (15 U.S.C. 1).
- Clayton Antitrust Act (15 U.S.C. 12-27).
NEW QUESTION # 80
Ellen and Sadie signed an agreement to list Sadie's condo for sale. After the contract was signed, Sadie's father, Grant, offered to pay Ellen's commission as a housewarming present. Sadie's mom and stepdad, Linda and Rick, also chipped in. Who is Ellen's client?
- A. Grant
- B. Sadie
- C. Rick
- D. Linda
Answer: B
Explanation:
Comprehensive and Detailed
Regardless of who pays the commission, the client is the person named in the agency agreement-in this case, Sadie, the property owner.
The Maryland Real Estate Brokers Act defines the client as the party with whom the broker or salesperson has an agency relationship, not necessarily the one providing compensation.
Third-party payments do not alter the contractual relationship or fiduciary duties.
Reference:
Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Law of Agency" Module Md. Business Occupations and Professions Article §17-530 - Agency Relationship and Duties.
NEW QUESTION # 81
Which term refers to a permitted deviation from current zoning restrictions that allows an owner to use land for a purpose that's otherwise prohibited, and requires the owner to prove the zoning creates an unnecessary hardship?
- A. Special use permit
- B. Moratorium
- C. Use variance
- D. Property variance
Answer: C
Explanation:
The land use module distinguishes among zoning relief mechanisms:
* A use variance permits a land use otherwise prohibited in the zoning district and typically requires proof of unnecessary hardship unique to the property.
* An area (dimensional) variance addresses dimensional departures (setbacks, height) and usually requires practical difficulty rather than hardship.
* A special use permit (special exception) authorizes uses listed as conditionally allowed if specific criteria are met.
* A moratorium is a temporary halt on development.Because the question describes permission to conduct a prohibited use upon showing unnecessary hardship, the correct term is use variance.
References: Maryland 60-Hour Principles and Practices of Real Estate - Land Use Controls: zoning, variances (use vs. area), special exceptions/conditional uses, and standards of proof.
NEW QUESTION # 82
Why would a buyer want to know whether any additions or alterations were made to a property?
- A. So the buyer can remove these items prior to closing
- B. So the buyer can determine if permits were pulled
- C. So the buyer can decide whether a price reduction is in order
- D. So the buyer can use the same contractor for additional additions and alterations
Answer: B
Explanation:
Comprehensive and Detailed Explanation From Exact Extract of Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course:
In Maryland, buyers have the right to receive full disclosure of any additions, alterations, or improvements made to a property. This is crucial because such modifications may have required building permits and inspections under state and local building codes.
A buyer wants to know whether permits were obtained to ensure that:
The work was done legally and safely,
It meets local code requirements, and
There are no future liability or resale issues.
Unpermitted work can lead to enforcement actions or costly repairs. The Maryland Property Disclosure and Disclaimer Statement (per Real Property §10-702) requires sellers to disclose known material defects or improvements.
Reference:
Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Environmental Issues and Disclosures" Module Maryland Real Property Article §10-702 - Residential Property Disclosure and Disclaimer Requirements.
NEW QUESTION # 83
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. Implied
- B. Express
- C. Executory
- D. Unspoken
Answer: A
Explanation:
The agency module explains that agency may be created by express agreement (written or verbal) or by implication through conduct. When parties act as if an agency relationship exists-for example, a licensee regularly advising and assisting buyers without a signed agreement-this can form implied agency. Because no express (written or oral) agreement exists in this scenario, the relationship described is implied agency, created by the parties' behavior and course of dealings.
References: Maryland 60-Hour Principles and Practices of Real Estate - Agency Law: creation of agency (express vs. implied), duties arising from implied agency, and risk management.
NEW QUESTION # 84
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