10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The MD-REB exam has 115 questions and runs 2 hours.
These 10 free MD-REB questions are organized by exam domain, so you can see how each part of the Maryland Real Estate Broker Exam blueprint is tested. Reveal the answer and explanation under each question.
A city rezones a subdivision to permit professional offices, but a recorded and enforceable covenant limits every parcel to single-family residential use. An owner wants to convert a house into an accounting office. What should the broker explain?
Correct answer: B - The office use must satisfy zoning and the private covenant, so the covenant remains an obstacle
An apartment property has annual potential gross income of $180,000, expected vacancy and collection loss of $9,000, laundry income of $3,000, operating expenses of $54,000, and annual debt service of $30,000. Comparable investments indicate an 8% capitalization rate. The value indicated by the income approach is:
Correct answer: B - $1,500,000
A buyer agrees to pay $525,000 for a home that appraises for $500,000 and seeks a $410,000 conventional loan. The correct financing assessment is:
Correct answer: D - The LTV is 82.0%, and private mortgage insurance is generally required above 80% lender value
A buyer submits a signed offer. The seller rejects it by delivering a counteroffer. Before accepting the counteroffer, the buyer signs an 'acceptance' of the original offer. What is the legal result?
Correct answer: A - No contract is formed; the buyer's attempted acceptance can operate only as a new offer
At a showing, an unrepresented buyer asks the listing agent, who has disclosed representation of the seller, how far below asking price to offer and which inspection contingency would provide the most leverage. Which response stays within the agent's role?
Correct answer: A - Provide objective information, avoid strategic recommendations, and explain the buyer's representation options
A property-management agreement caps ordinary repairs at $1,500 but separately authorizes reasonable emergency action without that cap to prevent imminent property damage. At 2:00 a.m., a supply line bursts and a licensed plumber quotes $2,400. The owner cannot be reached. What should the manager do?
Correct answer: C - Authorize the emergency repair, document the expense, and notify the owner promptly
At settlement, a seller hands the signed deed to the buyer with present intent to convey, and the buyer accepts it. The deed is recorded the next morning. Between the parties, ownership transferred:
Correct answer: D - When the deed was delivered with present intent and accepted
The day before closing, a broker receives an email that appears to come from the seller's attorney. It changes the wiring instructions, uses a domain name one letter different from the attorney's usual domain, and demands immediate action. What should occur before any funds are transmitted?
Correct answer: A - Verify the change through a known, independently obtained contact method
A Maryland salesperson receives a buyer's earnest-money check on Friday. The seller accepts the buyer's final revised offer the following Tuesday, and the contract contains no different written deposit instruction. When must the broker deposit the funds?
Correct answer: C - Within 7 business days after mutual acceptance
A Maryland rental applicant meets the landlord's published income requirement when documented child-support payments are included. The payment history is current, but the landlord instructs the licensee to disregard the support because "the other parent might stop paying." How should the licensee evaluate that instruction?
Correct answer: D - Reject the instruction; excluding lawful child-support income on speculation is source-of-income discrimination
The MD-REB exam also covers these domains. Drill them in the full free practice test:
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