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Updated: Aug 05, 2026
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Real Estate Maryland-Real-Estate-Salesperson Exam Overview:
| 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) |
| Available Languages: | English |
| Exam Price: | $44 USD (exam fee paid to PSI) |
| Related Certifications: | Maryland Real Estate Broker License |
| Exam Format: | Computer-based test, Multiple-choice questions, Two sections (National + State) |
| Passing Score: | 70% per section (National + State) |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 110 (80 National + 30 Maryland State) |
| Recommended Training: | PSI Exam Preparation Resources Maryland Real Estate Pre-Licensing Education Providers (General Search Entry) |
| Exam Registration: | Maryland Real Estate Commission Exam Information PSI Candidate Information (Maryland Real Estate) |
| 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 |
Real Estate Maryland-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Maryland State Law and Regulations | - Licensing Requirements and Procedures - Trust Accounts and Handling Client Funds - Maryland Real Estate Commission (MREC) Rules and Authority - Property Disclosure Requirements (e.g., defects, lead-based paint) - Advertising and Brokerage Practices - Disciplinary Actions and Enforcement - Agency Disclosure and Representation in Maryland |
| Topic 2: National Real Estate Principles | - Valuation and Market Analysis - Real Estate Calculations - Contracts - Property Ownership and Land Use Controls - Financing - Real Estate Practice and Fair Housing - Agency Relationships and Duties - Transfer of Title and Closing Procedures |
Real Estate Maryland Real Estate Salesperson Examination Sample Questions:
1. Which of the following is true about USDA loans?
A) They mirror the requirements for conventional loans.
B) They're for farm loans only.
C) They're for rural housing loans only.
D) Loan terms may be as long as 38 years.
2. Earnest money is sometimes referred to as a "down payment on the ______."
A) Transfer tax
B) Down payment
C) Mortgage insurance
D) Seller's proceeds
3. How does discrimination still occur, even though it's illegal?
A) Discrimination makes good business sense.
B) Discrimination is often not visible to the public.
C) Not all laws make sense.
D) Discrimination is human nature.
4. Which loan type is a fixed-rate mortgage where the monthly principal payments increase over time, according to a set schedule?
A) Growing equity
B) Pledged account
C) Negative amortization
D) Blanket
5. Jorge is a dual agent in a single-license dual agency situation. He owes his clients all of the following fiduciary duties EXCEPT.
A) reasonable skill and care
B) honesty
C) undivided loyalty
D) disclosure
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: C |
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