For recordation in Maryland, a deed must be acknowledged (typically before a notary or other authorized officer). Acknowledgment authenticates the grantor's execution of the instrument, satisfying recording requirements. "Conveyed" and "transferred" describe the act of alienation, not the statutory prerequisite to recording; "verified" is not the recording standard. References: Maryland Real Property Article 3-104 (Prerequisites to recording-acknowledgment), and pre- licensing topic Transfer of Title (valid deed requirements; delivery and acceptance; recording and acknowledgment).
Maryland-Real-Estate-Salesperson Exam Question 27
When prospecting and soliciting for new business, licensees should be familiar with which federal acts?
Correct Answer: A
Within "Real Estate Brokerage Operations" (advertising and solicitation compliance), the course emphasizes federal rules governing outreach to consumers: * The Do Not Call Implementation Act (and related FTC/FCC rules) regulates telemarketing, requiring scrubbing against the National Do Not Call Registry, time-of-day restrictions, identification requirements, and record-keeping. * The CAN-SPAM Act governs commercial email, requiring accurate header information, a truthful subject line, clear identification as an advertisement (where applicable), a clear opt-out mechanism, and honoring opt-out requests promptly. * The Junk Fax Prevention Act (amending the TCPA) restricts unsolicited fax advertisements, allowing them only under specific conditions (e.g., established business relationship, proper opt-out notice). These are the primary federal solicitation rules covered for prospecting; antitrust and fair housing laws are also taught but address different risk areas (competition and discrimination, respectively) rather than direct telemarketing/email/fax solicitation mechanics. References (Course Outline/Study Topics): Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course - "Real Estate Brokerage Operations" (Advertising & Solicitation Compliance: Do Not Call rules, CAN-SPAM, Junk Fax Prevention Act; distinctions from antitrust and fair housing requirements).
Maryland-Real-Estate-Salesperson Exam Question 28
Plat of Block 28, Woodmen Heights Tract, recorded in Map Book 27, page 68, at the Elder County Records Office is an example of which essential element of a deed?
Correct Answer: D
A reference to a recorded plat (lot and block system) is a form of legal description, an essential element that precisely identifies the property being conveyed. Consideration is the value exchanged; the granting clause (words of conveyance) shows intent to transfer; the habendum clause defines the estate being granted (e.g., "to have and to hold..."). References: Maryland 60-Hour Course: "Transfer of Title" (deed essentials-parties, consideration, granting clause, legal description, habendum, execution, delivery, acceptance).
Maryland-Real-Estate-Salesperson Exam Question 29
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?
Correct Answer: C
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).
Maryland-Real-Estate-Salesperson Exam Question 30
Risks to computer systems can be reduced by avoiding public networks, sites, and suspicious sites.
Correct Answer: D
Brokerage risk management includes cybersecurity best practices to protect client nonpublic information (e. g., transaction documents, IDs, financial data). Licensees are instructed to avoid unsecure/public networks and untrusted or suspicious websites, use secure/encrypted connections, maintain strong passwords and multi-factor authentication, and follow brokerage data security policies. Avoiding unsecure environments reduces exposure to malware, phishing, and interception. References: Maryland pre-licensing curriculum-Real Estate Brokerage Operations (risk management; data security; safeguarding client information; acceptable technology use).