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MARYLAND REAL ESTATE EXAM PACKAGE DEAL WITH COMPLETE SOLUTIONS GRADED A+
MARYLAND REAL ESTATE EXAM PACKAGE DEAL WITH COMPLETE SOLUTIONS GRADED A+
[Show more]MARYLAND REAL ESTATE EXAM PACKAGE DEAL WITH COMPLETE SOLUTIONS GRADED A+
[Show more]If an older building cannot be air-conditioned, it is an example of ___________ ? 
A. Economic obsolescence. 
B. Functional obsolescence. 
C. Physical deterioration. 
D. External deterioration - Answer-B. Functional obsolescence. 
An appraiser MUST be licensed or certified to handle Federally relate...
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Add to cartIf an older building cannot be air-conditioned, it is an example of ___________ ? 
A. Economic obsolescence. 
B. Functional obsolescence. 
C. Physical deterioration. 
D. External deterioration - Answer-B. Functional obsolescence. 
An appraiser MUST be licensed or certified to handle Federally relate...
personal property - Answer-maryland license law construes a lessee's interest under the terms of a 
lease 
bonding requirement for real estate sales people and brokers in Md - Answer-no bond required for 
salespeople and/or brokers 
the act of steering or blockbusting is - Answer-illegal in the sta...
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Add to cartpersonal property - Answer-maryland license law construes a lessee's interest under the terms of a 
lease 
bonding requirement for real estate sales people and brokers in Md - Answer-no bond required for 
salespeople and/or brokers 
the act of steering or blockbusting is - Answer-illegal in the sta...
Inactive Status - Answer-associate real estate brokers and real estate salesperons that are no longer 
affiliated with licensed real estate brokers and their license certificates and pocket cards are returned 
to the Commission. 
An inactive license - Answer-expires 3 years from the date it was plac...
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Add to cartInactive Status - Answer-associate real estate brokers and real estate salesperons that are no longer 
affiliated with licensed real estate brokers and their license certificates and pocket cards are returned 
to the Commission. 
An inactive license - Answer-expires 3 years from the date it was plac...
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 ...
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Add to cartWhen 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 ...
Licensee Commissioner Must be licensed for at least - Answer-10 YEARS 
Area Representative of the Real Estate Commission must have - Answer-Lived in area for 5 YEARS 
Commission must provide a copy of the Code of Ethics to each licensee on the website every - 
Answer-2 YEARS 
Commission must provide...
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Add to cartLicensee Commissioner Must be licensed for at least - Answer-10 YEARS 
Area Representative of the Real Estate Commission must have - Answer-Lived in area for 5 YEARS 
Commission must provide a copy of the Code of Ethics to each licensee on the website every - 
Answer-2 YEARS 
Commission must provide...
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 - A...
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Add to cartWhich 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 - A...
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