Maryland Real Estate Study Question and answers rated A+ 2024
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Course
MARYLAND HOME
Institution
MARYLAND HOME
Maryland Real Estate Study Question and answers rated A+ 2024 Maryland Real Estate Study
Licensee Commissioner Must be licensed for at least - correct answer 10 YEARS
Area Representative of the Real Estate Commission must have - correct answer Lived in area for 5 YEARS
Commission must ...
Maryland Real Estate Study
Licensee Commissioner Must be licensed for at least - correct answer 10 YEARS
Area Representative of the Real Estate Commission must have - correct answer Lived in area for 5 YEARS
Commission must provide a copy of the Code of Ethics to each licensee on the website every - correct answer 2 YEARS
Commission must provide a copy of Regulations to each licensee on the website every - correct answer 2 YEARS
Commission must submit an annual report to the secretary how often? - correct answer ANNUALLY
MD Real Estate Commission's Hearing Panel's Must Consist of - correct answer 3 ELECTED MEMBERS with at least 1 licensee or 1 non-licensee
MD Real Estate Commission Meetings are held how often? - correct answer Once a Month
Minimum Age to obtain a salesperson and brokers license is - correct answer
18 YEARS OLD
Must be active as a salesperson for at least how many years to obtain a brokers license? - correct answer 3 YEARS Term of Brokers, Associate Brokers and Salespersons License before Expiration? - correct answer 2 YEARS
Renewal of license mailed to licensee is at least how long before expiration? - correct answer 1 MONTH: 30 days
Minimum amount of hours of Continuing Education Requirements are - correct
answer 15 hours
Continuing Education Requirements of the 15 Hours include - correct answer 1.5 Fair Housing 3 Legislative 3 Code of Ethics, Predatory Lending and Flipping
3 Principles of Agency and Disclosure
3 Broker Supervision 1.5 of FREE ELECTIVE
Time Allowed to Reinstate License; which is in inactive status - correct answer 3 YEARS of Date of Expiration
Amount of Time Family Member has to Close out business of a deceased broker is - correct answer 6 Months
Hearing Notice to Person Being investigated is - correct answer 10 DAYS prior to hearing
Hearing Notice to Broker - correct answer 10 DAYS prior to hearing
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