According to maryland law - Study guides, Class notes & Summaries

A couple years after Meredith closed on her first sale—a condo that her buyer client, Derek, bought after a messy divorce that left him virtually penniless—another licensee, Alex, called her up asking about Derek, who'd just hired Alex to help him buy a mansion worth $4.2 million. "Can he really afford it? He's not being forthcoming about his financial history, and I don't want to waste my time." What should Meredith tell him? - "You know you shouldn't be asking me about this, Ale...

Maryland Real Estate (Law) Practice Exam Questions with Certified Solutions 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. ...

A case comes before the Supreme Court challenging a state ban on the use of contraceptives for married couples. How would a judge vote using a "loose interpretation" approach? - They would vote to overturn the ban. A Civil Rights group has decided to hold a public meeting to discuss recent prejudicial acts. Some members of the group are concerned that they will be arrested for participating in the meeting, especially if the meeting becomes heated. They know that previous meetings on this ...

Maryland Licensing Questions and Answers Already Passed Under the Secondary Mortgage Loan Law, a consumer has the right to limit origination fees on which of the following? Secondary mortgages A borrower's gross monthly income and assets may be verified based on a review of third-party written documentation, including each of the following, except: Employer reference letter The Maryland's Finder's Fee Law has been included in the Maryland Code since what year? 1979 Which of the following ...

According to Maryland disclosure guidelines, upon which of the following events is it NOT appropriate to give the buyer the opportunity to review the seller's disclosure/disclaimer statement? The day of the home inspection When the buyer expresses interest in purchasing the property When the buyer makes an offer When the property goes on the market - CORRECT ANSWER The day of the home inspection Nancy, a broker in Annapolis, is going over the listing agreement with her new ...

PSCI FINAL EXAM QUESTIONS WITH CORRECT ANSWERS According to the video "Making of the President 1960", which candidate was not a future vice president - Answer-Stuart Symington The Supreme court case of McCulloch v. Maryland confirmed the national government's - Answer-implied powers The salary paid to members of the House of Representatives and the Senate comes from this part of the Constitution: - Answer-article 1 section 6 A member of the legislative branch can also serve in the c...

A property is listed as having four bedrooms and two-and-a-half bathrooms. However, when showing your buyer clients the property, you only count three bedrooms. As their agent, what should you do as part of your due diligence? - Investigate this discrepancy. A real estate professional in Maryland is legally permitted to take which of these actions? - Prohibit a family of 10 from renting a unit with a capacity of two people According to Maryland disclosure guidelines, upon which of the follo...

Maryland Life and Health Law Exam Simulator Questions with Verified Solutions Security laws passed by Congress are enforced by which Federal agency? Security and Exchange Commission Which renewal provision must ALL Medicare Supplement policies contain? Guaranteed renewable Replacement regulation is designed to protect policyowners from misrepresentation and loss of benefits Under the Maryland Health Insurance Plan, comprehensive health benefits are provided to medically uninsurable residents ...

Maryland law real estate Question and answers 2024 verified to passMaryland law real estate License he represents - correct answer Only the broker he works for It's violation of the license law - correct answer To receive the lead from a friend and share commission with him Schedule C self-employment - correct answer Written employment agreement Earned commissions Real estate license License is paid - correct answer Every two years Blockbusting - correct answer Misdem...

1.A red indicator light on a dashboard indicates - Answer-a serious vehicle malfunction that must be addressed immediately. 2. To obtain a provisional license in Maryland - Answer-a new driver must pass a skills test including a closed course and an open road test 3. How long do alcohol-related charges stay on a driver's record - Answer-Forever 4. A driver may pass another vehicle on a two lane road if - Answer-there is a single broken yellow line between the two lanes 5.The purpose...