Maryland real estate exam - Study guides, Class notes & Summaries

Maryland Real Estate (Law) Practice Exam Complete Questions And Answers Rated A+

MARYLAND REAL ESTATE EXAM PREP Question and answers 100% correct 2024 MARYLAND REAL ESTATE EXAM PREP Which of the following does NOT end presumed buyer representation? - correct answer The licensee working with prospects fails to present a disclosure of representation form Does Maryland have dower laws? - correct answer no Dual agency is permitted only in brokerage firms consisting of three or more licensee - correct answer true in maryland In which of the following situation...

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

When a salesperson whose license has not been renewed negotiates a sale of real property, who is the commission payable to? a. the broker only b. no one c. the salesperson only d. the broker and the salesperson according to prior agreement - Answer-b. no one If a salesperson license is issued on January 2, 2016, when will it expire? a. January 2, 2016 b. September 2, 2016 c. April 1, 2016 d. March 31, 2016 - Answer-a. January 2, 2016 When prospective purchasers first arrive at a broke...

MARYLAND REAL ESTATE EXAM PREP (2023) QUIZZES & ANS..

Maryland Real Estate Exam Prep with 80 Verified Questions and Answers At what minimum level must the Guaranty Fund be maintained at? A. 200,000 B.2,000 C. 250,000 D. 25,000 ️Answer: 250,000 Broker's principle are called? A. Managers B. Customers C. Clients D. Prospects ️Answer: Clients brokers are not required to notify the commission when A. changes occur in the names of their firms B. a salesperson resigns C. changes occur in the commission sharing D. changes occur in ...

Which of the following does NOT end presumed buyer representation? - ANSWER The licensee working with prospects fails to present a disclosure of representation form Does Maryland have dower laws? - ANSWER no Dual agency is permitted only in brokerage firms consisting of three or more licensee - ANSWER true in maryland

Maryland Real Estate Exam Question and answers correctly solved 2024 Maryland Real Estate Exam Appoints members of Maryland Real Estate Commission MREC created by? - correct answer Governor license law How is executive director of commission chosen? - correct answer Appointed by secretary of labor, licensing, and regulation Minimum level of guaranty fund Initial fee? - correct answer 250,000 $20 Maryland real estate commission comprised of - correct answer four members no...

Maryland Real Estate (Law) Practice Exam Already Passed When a salesperson whose license has not been renewed negotiates a sale of real property, who is the commission payable to? a. the broker only b. no one c. the salesperson only d. the broker and the salesperson according to prior agreement b. no one If a salesperson license is issued on January 2, 2016, when will it expire? a. January 2, 2016 b. September 2, 2016 c. April 1, 2016 d. March 31, 2016 a. January 2, 2016 When prospectiv...

When a salesperson whose license has not been renewed negotiates a sale of real property, who is the commission payable to? a. the broker only b. no one c. the salesperson only d. the broker and the salesperson according to prior agreement - b. no one If a salesperson license is issued on January 2, 2016, when will it expire? a. January 2, 2016 b. September 2, 2016 c. April 1, 2016 d. March 31, 2016 - a. January 2, 2016 When prospective purchasers first arrive at a brokerage office to...