Maryland real estate exam Study guides, Class notes & Summaries

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 ...

1. If a party uses a fictitious or different name than its business name, it must be approved by the a. Maryland Insurance Administration b. National Association of Insurance Commissioners c. Maryland Land Title Association d. American Land Title Association - Answer a. Maryland Insurance Administration 2. When there is termination of the appointment by a title insurer, the insurer must update the producer register within how many days. a. 15 days b. 30 days c. 45 days d. 60 days - An...

Maryland Real Estate Exam Prep with 80 Verified Questions and Answers At what minimum level must the Guaranty Fund be maintained at? A. 200,000 B.2,000 C. 250,000 D. 25,000 ️Answer: 250,000 Broker's principle are called? A. Managers B. Customers C. Clients D. Prospects ️Answer: Clients brokers are not required to notify the commission when A. changes occur in the names of their firms B. a salesperson resigns C. changes occur in the commission sharing D. changes occur in ...

MD Real Estate Exam- State Portion (Maryland Real Estate review) 2024 Rated 100% Correct!!.

Maryland Real Estate Practice Exam 2024 Quizzes & Ans..

Maryland Real Estate Practice Exam Question and answers already passed 2024 Maryland Real Estate Practice Exam Maryland real estate license law is administered by the - correct answer Maryland Real Estate Commission How are members of the Real Estate Commission selected? - correct answer By the Governor, with the advice and consent of the state senate and the advice of the Secretary of Labor, Licensing, and Regulation. What is the total number of Real Estate Commissioners in Marylan...

Maryland Real Estate Exam Prep with 80 Questions and Answers- Study Everywhere With Absolute Solutions

MARYLAND REAL ESTATE EXAM GUIDE |LATEST| 100% Correct Which of the following does NOT end presumed buyer representation? *Ans* The licensee working with prospects fails to present a disclosure of representation form Does Maryland have dower laws? *Ans* no Dual agency is permitted only in brokerage firms consisting of three or more licensee *Ans* true in maryland In which of the following situations does an act of real estate brokerage require a real estate brokerage license? *Ans* A ...

Maryland Real Estate Exam Prep with 80 Questions and Answers- Study Everywhere (2024).

MARYLAND REAL ESTATE EXAM PREP (2022/2023) GRADED 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 consultin...