COLIBRI REAL ESTATE MD Salesperson READINESS ASSESSMENT GUIDE Q & S 2025/2026

1. What is the primary purpose of zoning regulations?
A. To ensure public safety
B. To control property values
C. To promote economic development
D. To segregate land according to use
Correct Answer: D
2. In Maryland, which fiduciary duty continues even after the
termination of an agency relationship?
A. Obedience
B. Accounting
C. Confidentiality
D. Disclosure
Correct Answer: C
3. Which method of property valuation is primarily based on the
principle of substitution?
A. Cost approach
© 2024/2025
B. Income approach
C. Sales comparison approach
D. Capitalization approach
Correct Answer: C

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