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NEW QUESTION # 38
What are PCBs?
Answer: A
Explanation:
Comprehensive and Detailed
Polychlorinated biphenyls (PCBs) are synthetic chemical compounds formerly used as coolants and insulators in electrical equipment, hydraulic systems, and fluorescent-light ballasts. They are toxic, persistent in the environment, and regulated by the U.S. EPA under the Toxic Substances Control Act (TSCA). Maryland's course covers PCBs among major environmental hazards requiring disclosure or remediation.
NEW QUESTION # 39
What type of violation are you committing when you fail to include a material fact or make false or misleading advertising statements?
Answer: A
Explanation:
Misrepresentation occurs when a licensee omits or falsifies a material fact or makes false, deceptive, or misleading statements in advertising or communications. In Maryland, misrepresentation is a violation under17-322(a)(1) and COMAR 09.11.02.01 (Advertising). A material fact is any information that could influence a consumer's decision in a real-estate transaction. Intentional misrepresentation may also lead to civil liability for fraud.
Reference:Maryland 60-Hour Principles and Practices Course - "Agency and Advertising Ethics" Section; Maryland Business Occupations and Professions 17-322(a)(1); COMAR 09.11.02.01.
NEW QUESTION # 40
In what type of lease does the landlord pay taxes, maintenance, and insurance?
Answer: D
Explanation:
In a gross lease, the landlord/lessor pays the property's operating expenses-commonly including real estate taxes, property insurance, and maintenance-while the tenant pays a fixed rent. By contrast, in net and especially triple-net (NNN) leases, the tenant bears some or all of these operating costs (with NNN typically meaning taxes, insurance, and maintenance are all tenant-paid). A percentage lease bases rent (in whole or part) on the tenant's gross sales and does not inherently shift taxes/insurance/maintenance to the landlord.
References: Maryland pre-licensing curriculum topic "Leases and Property Management" (gross vs. net vs.
percentage vs. triple-net lease definitions); industry-standard lease classifications presented in Maryland salesperson pre-licensing materials.
NEW QUESTION # 41
Dan is buying Chuck's property, which is listed with Nevin's brokerage. Who are the parties to the exclusive right-to-sell listing agreement?
Answer: D
Explanation:
The course states that an exclusive right-to-sell listing is a brokerage employment agreement between the seller and the listing brokerage (through the authorized broker), not with the buyer. The listing contract authorizes the brokerage to market the property and earn compensation upon a sale during the listing term, regardless of who procures the buyer. Therefore, the parties are the seller (Chuck) and the listing brokerage (Nevin's brokerage).
References: Maryland 60-Hour Principles and Practices of Real Estate - Listing Agreements: parties to the agreement, broker's authority, and compensation provisions in exclusive right-to-sell listings.
NEW QUESTION # 42
Which photograph of a home for sale should not be published for public viewing?
Answer: B
Explanation:
The course stresses that licensees must protect a seller's privacy and personal security when marketing property. Photos that display personal possessions such as firearms, medications, financial documents, or valuables should never be published. Revealing these items can create a safety and liability risk for the seller and may violate professional ethical standards regarding confidentiality.
Therefore, the image showing the owner's collection of antique guns should not be made public.
Reference (Maryland Source):
- Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course, Listing and Marketing Property section.
- Maryland Code of Ethics for Real Estate Licensees, COMAR 09.11.02.01 et seq.
NEW QUESTION # 43
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Campus : Level 1 190 Queen Street, Melbourne, Victoria 3000
Training Kitchen : 17-21 Buckhurst, South Melbourne, Victoria 3205
Email : info@russellcollege.edu.au
Phone : +61 399987554