Maryland real estate Study guides, Class notes & Summaries

Maryland Real Estate Practice - Unit 1 with Verified Solutions The Maryland Real Estate Brokers Act a law designed to protect the public interest. it is title chapter 17 in the Business Occupations and Professions article Annotated Code of Maryland. Also known as title 17. enacted by the legislative branch of the Maryland government: General Assembly, which is a statutory law. Divisions each book that contains Maryland law is called Article, each article is divided into chapter-like...

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 ...

Maryland Real Estate terms I Questions with complete solution 2024 Maryland Real Estate terms I-L Improvement - correct answer 1. Any structure, usually privately owned, erected on a site to enhance the value of the property (e.g., building a fence or a driveway). 2. A publicly owned structure added to or benefiting land (e.g., a curb, sidewalk, street, or sewer) Implied Agency - correct answer Based on the actions of the parties that imply that they have mutually consented to an agenc...

Maryland real estate Question and answers correctly solved 2024 Maryland real estate real estate license law is found - correct answer title 17 code of Maryland -comar regulation of the real estate commision - correct answer title 8 subtitle 11 comar real estate commission make up - correct answer 9 members: 5 professional members and 4 consumer members - professionals need to have at least 10 years and must have lived at least 5 years if he is representing an area- all must be ci...

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 ...

Maryland Real Estate Exam Prep with 80 Questions and Answers already passed 2024 Maryland Real Estate Exam Prep with 80 Questions and Answers- Study Everywhere 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 - correct answer Answer: The governor of Maryland Which of the following is true concerning the Maryland Real Estate Commission? A. Its members...

Maryland Real Estate (Law) Already Graded A+ A broker is appointed to sell a property through an exclusive-right-to-sell listing contract. The broker will be entitled to a commission: a. only if the broker or one of her salespeople sells the property b. if the property is sold during the listing period c. only if the property is sold by the broker or the owner d. only if the sale is made by a multiple-listing partner ️b. if the property is sold during the listing period A broker need...

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

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 PSI National Exam 1 verified 2024