Psi md state stuvia - Study guides, Class notes & Summaries

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PSI Real Estate Exam (MD State Portion) Questions With Correct Answers
  • PSI Real Estate Exam (MD State Portion) Questions With Correct Answers

  • Exam (elaborations) • 37 pages • 2024
  • Real Estate brokerage is govern by: - Answer 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) Regulation is enacted and enforced by MD Real Estate Commission (MREC) Brokerage Services: - Answer For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant Engage regularly in a business of.....
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PSI MD State Exam Questions With Correct Answers to
  • PSI MD State Exam Questions With Correct Answers to

  • Exam (elaborations) • 9 pages • 2024
  • The Real Estate Commission Duties - Answer - Investigates complaints of unlicensed brokerage activity - Investigate complaints about license behavior - Conduct hearings and administer oaths - Issue subpoenas for attendance of witness or production of evidence. - Take Dispositions - Seek injustices Guaranty Fund - Answer Reimburses the public with financial losses at the hands of a real estate licenses and their unlicensed employees * Initial licensee applications require to pay $20 a...
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