100+ Free MD RE Broker Practice Questions
Pass your Maryland Real Estate Broker Exam exam on the first try — instant access, no signup required.
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Key Facts: MD RE Broker Exam
75%
Scaled Passing Score
PSI / MREC
3 yrs
Salesperson Experience Required
MREC
135 hrs
Pre-License Education
MREC
120 Q
Exam Questions (National + State)
PSI
$62
Exam Fee
PSI
15 hrs
Renewal CE Every 2 Years
MREC
Maryland requires broker applicants to hold an active salesperson license for at least 3 years and complete 135 hours of pre-license education. The PSI broker exam has national and state portions with a 75% scaled passing score. Maryland broker topics include trust account management, brokerage supervision duties, the Maryland Real Estate Brokers Act, ground rent, transfer and recordation taxes, and MREC disciplinary procedures.
About the MD RE Broker Exam
The Maryland real estate broker exam is a PSI-administered exam with national and state portions for licensed salespersons upgrading to a broker license. It covers brokerage management, trust account handling, Maryland Real Estate Brokers Act, MREC regulations, and Maryland-specific property law at the broker supervision level.
Questions
120 scored questions
Time Limit
4 hours total
Passing Score
75% scaled
Exam Fee
$62 (MREC / PSI)
MD RE Broker Exam Content Outline
Brokerage Management & Operations
Office supervision, branch office requirements, advertising compliance, broker-associate agreements, independent contractor arrangements, record retention
Trust Accounts & Escrow
Trust account requirements, earnest money handling, reconciliation, commingling vs conversion, guarantee fund, MREC audit procedures
MD Real Estate Broker Law
Maryland Real Estate Brokers Act, MREC powers, broker licensing requirements, disciplinary actions, prohibited acts, ground rent, transfer taxes
Contracts, Finance & Valuation
Purchase contracts, financing instruments, appraisal methods, agency relationships, disclosure requirements, fair housing, Maryland property law
How to Pass the MD RE Broker Exam
What You Need to Know
- Passing score: 75% scaled
- Exam length: 120 questions
- Time limit: 4 hours total
- Exam fee: $62
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
MD RE Broker Study Tips from Top Performers
Frequently Asked Questions
What are the requirements to take the Maryland broker exam?
You must hold an active Maryland real estate salesperson license for at least 3 years, complete 135 hours of pre-license education from an MREC-approved provider, and pass a background check. Education covers brokerage management, trust accounts, Maryland real estate law, and broker-level operations.
What score do I need to pass the MD broker exam?
The Maryland broker exam uses a 75% scaled passing score on both the national and state portions. The exam is administered by PSI and includes separate national and state sections that must each be passed independently.
What is the Maryland Real Estate Guarantee Fund?
The Maryland Real Estate Guarantee Fund provides compensation to consumers who suffer financial losses due to the misconduct of a licensed real estate broker or salesperson. Claims are filed with MREC and are subject to statutory limits. Licensees contribute to the fund through licensing fees.
What are Maryland-specific topics I need to study for the broker exam?
Key Maryland topics include the Real Estate Brokers Act, MREC powers and composition, ground rent (Maryland is one of few states with ground rent), transfer and recordation taxes, the Maryland Guarantee Fund, lead paint disclosure requirements, and MREC trust account audit procedures.