Maryland real estat - Study guides, Class notes & Summaries

Maryland Real Estate Exam Verified Answers "7½ percent annual percentage rate" ️Which phrase, when placed in a print advertisement, would MOST nearly comply with the requirements of the Truth in Lending Act (Regulation Z)? $1,074 ️The current taxes are $1,743.25 and have not been paid. If the sale is to be closed on August 12, what is the approximate tax proration that will be charged to the seller based on a 360-day year? $1,698 ️The commission on the sale of a house is $4,410, ...

Maryland Real Estate Questions with complete solution 2024 Maryland Real Estate (Law) Licensed sales persons may represent: a. any owner who directly employs them b. not more than one owner at one time c. only a broker with whom they are affiliated d. any broker who is duly licensed, at any time - correct answer c. only a broker with whom they are affiliated The license certificate issued to a salesperson must be: a. carried by the salesperson at all times b. displayed by the ...

Maryland Real Estate Test Questions and Answers A license may be placed on inactive status for up to - Answer-3 years The requirements for a broker's license include - Answer-three years of experience as a salesperson An unlicensed employee may - Answer-have keys made for company listings to be licensed, applicants must - Answer-be professionally competent and of good character and reputation licensees must give copies of listing agreements to all parties - Answer-in a timely mann...

Maryland Real Estate (Law) Practice Exam Questions & Answers Verified 100% Correct!!

Maryland Real Estate Law Question and answers correctly solved 2024 Maryland Real Estate Law How many hours of Ethics is required for the pre-licensing class for salespersons and brokers? - correct answer 3 COMAR - Relations to the Public - correct answer Be informed concerning real estate matters Be informed on the market conditions Protect the public from fraud and unethical practice Avoid misrepresentation Don't discriminate Do not name a false consideration in the documen...

What type of agency exists because a written or oral agreement is in place? - ANSWER Express Agency Which of the following is a right included with real property? - ANSWER Exclusion Ways to minimize computer risks include avoiding public networks, unsecure sites, and ______ sites. - ANSWER Suspicious

MARYLAND REAL ESTATE EXAM PREP QUESTIONS AND ANSWERS RATED A+ Which of the following does NOT end presumed buyer representation? The licensee working with prospects fails to present a disclosure of representation form Does Maryland have dower laws? no Dual agency is permitted only in brokerage firms consisting of three or more licensee true in maryland In which of the following situations does an act of real estate brokerage require a real estate brokerage license? A person charg...

Licenses salespersons may represent - ANSWER only brokers under whom they are licensed License certificates issues for salespersons MUST be - ANSWER displayed by their brokers in their brokerage office Brokers need NOT notify the Commission when - ANSWER changes occur in commission sharing

Maryland Real Estate (Law) Practice Exam Verified Solutions Associate Broker John Buonasera, known as Mr. B. has published a flier to attract business. This is the entire ad: Come to me, Mr. B. for all your real estate needs: Buying, Selling, or Renting. Use my services and you will be pleased. Results guaranteed! I charge 2% less than most other REALTORS for my excellent service. My personal assistants and I are available to you 24/7 to answer your real estate questions and meet your ...