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

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 charges a modest consulting fee to guide his friend in the sale of 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 charges a modest consulting fee to guide his friend in the sale of a ...

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 m...

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 situations does an act of real estate brokerage require a real estate brokerage license? - correct answer A person charge...

MOCK PREP- Real Estate (Multiple Choice) Questions and Answers Rated 100% Correct Which of the following is a lien on real estate? a. recorded easement b. recorded mortgage c. encroachment d. dead restriction *ANS* b. recorded mortgage Which approach to value would MOST likely be useful to real estate brokers estimating the value of a single-family residence for sale in a subdivision? a. cost approach b. income approach c. market comparison approach d. gross rent multiplier *AN...

cost of capitalization in lettering no smaller than the lettering used for the price 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 In which of the following situations does an act of real estate brokerage require a r...

MARYLAND REAL ESTATE EXAM PREP/44 Qs with Certified Ans/ . Terms like: Licensees do NOT need to do which of the following to be "qualified real estate agents" and be eligible to use Schedule C-Self-Employed when filing federal tax returns? - Answer: Be free from their broker's control of how their work is done Which is TRUE of employees of the Commission? - Answer: They include an executive director and field inspectors

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 In which of the following situations does an act of real estate brokerage require a real estate brokerage license? - Answer- A person charges a modest consulting fee to...

MARYLAND REAL ESTATE EXAM PREP/44 QUESTIONS AND ANSWERS