Maryland Real Estate Exam Prep with 80 Questions and Answers Correct 100%
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Course
Maryland Real Estate
Institution
Maryland Real Estate
Who appoints members to the Maryland real estate commission?
A. The State Senate
B. The house of Delegates
C. The executive director of the Commission
D. The governor of Maryland - ANSWER Answer: The governor of Maryland
Which of the following is true concerning the Maryland Real Estate C...
Maryland Real Estate Exam Prep with 80
Questions and Answers Correct 100%
Who appoints members to the Maryland real estate commission?
A. The State Senate
B. The house of Delegates
C. The executive director of the Commission
D. The governor of Maryland - ANSWER Answer: The governor of Maryland
Which of the following is true concerning the Maryland Real Estate Commission?
A. Its members are representative brokers from real estate boards or associations through Maryland
B. It has 5 members
C. It has 4 professional and 5 consumer members
D. 3 out of its members are not real estate licensees and 5 are - ANSWER Answer: 3 out of its members
are not real estate licensees and 5 are
What must be included in advertising by a broker?
A. the name of the broker's Realtor board or association or Realtist organization
B. The legal name of the licensed real estate broker
C. the designated name of that broker as registered with the Commission
D. the name of the licensee who listed the property - ANSWER Answer: the designated name of that
broker as registered with the commission
Which of the following is NOT required in advertising for a team?
, A. The advertisement must follow branch office and company wide requirements
B. The advertisement must contain the name of at least one licensee on the team
C. The advertisement must contain the name of the team leaser
D. the advertisement must include the phone number of the office out of which the team works -
ANSWER Answer: the advertisement must contain the name of the team leaser
Relations with which of the following is NOT addressed in the Commission's Code of Ethics?
A. Fellow Licensees
B. Clients
C. The real estate commission
D. Members of the public - ANSWER Answer: The Real estate Commission
In Maryland, whom is primarily responsible for the real estate brokerage services provided through a
corporation?
A. The licensed real estate broker or the firm
B. the chairperson of the corporate board
C. the majority shareholder of the corporation
D. the president of the corporation - ANSWER Answer: The licensed real estate broker or the firm
Broker's principle are called?
A. Managers
B. Customers
C. Clients
D. Prospects - ANSWER Answer: Clients
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