Maryland Real Estate Exam

Roger Kelly is signing a listing contract with a client. Which of the following is an acceptable signature on the document? "Roger Kelly" "Roger Kelly, XYZ Real Estate" "XYZ Brokerage" "XYZ Real Estate Team"

"Roger Kelly"

Rumi was on vacation in St. Croix when he received a written offer, via email, for his seller client's property, which had been on the market for two months with no offers. He decided to hold onto it until he got back a week later, so he could present it to his client in person. The next day, his seller client called Rumi's office to cancel the listing. When Rumi told the former client that he'd had an offer, she complained to MREC about him. What are the possible penalties Rumi could face? 1. He could be disciplined by the commission and receive a possible lawsuit for intentional interference. 2. None; since the client cancelled the listing, Rumi is not at fault. 3. Rumi could be subject to disciplinary action from local board of REALTORS®. 4. Rumi could receive disciplinary action from the commission, including jail time.

1. He could be disciplined by the commission and receive a possible lawsuit for intentional interference. Failure to present an offer or counter-offer is cause for disciplinary action. The seller could also file a lawsuit against Rumi for intentional interference.

Stanley, a broker, received notice from the Maryland Real Estate Commission that it was summarily suspending his license. What's the most likely reason that his license was immediately suspended? 1. He didn't provide the commission with trust account records. 2. He failed to pay his license renewal fee on time. 3. He failed to report that he was charged with a misdemeanor last week. 4. He held onto an earnest money check until the offer had been accepted.

1. He didn't provide the commission with trust account records.

What is the goal of the Maryland Real Estate Commission in declaring an area a real estate conservation area? 1. To curb threats to the racial stability of an area. 2. To preserve the historical architecture in an area. 3. To prevent further destruction of an environmentally compromised area. 4. To protect the wildlife in a residential community that borders an environmentally protected area.

1. To curb threats to the racial stability of an area.

In Maryland, how many hours of approved real estate courses must an individual complete before taking the real estate broker's exam? 135 30 60 75

135

For sale signs on ground rent properties that show the price of the property must also state which of the following? 1. Annual ground rent 2. Annual ground rent plus the full cost of capitalization 3. Price for which the land could be purchased 4. The market value of the property

2. Annual ground rent plus the full cost of capitalization

Ben and Leslie received their finalized purchase contract on April 10, just moments after the sellers put their final signatures on it. Ben and Leslie decided that since the home they're buying was built in 1920, they'd like to have it inspected for lead-based paint. When is the latest that the couple can have the inspection performed if they want to be able to back out of the contract? 1. 10 days from the home inspection date 2. April 15 3. April 20 4. May 10

3. April 20

Business is booming for The Jill Luck Team—the most lucrative team within Maryland Pro Realty. Jill and her team members are doing lots of in-house, in-team deals. What disclosure do they need to be sure to make to these dual agency clients? 1. Because the deals are occurring within their team, they cannot offer complete confidentiality. 2. Because the transaction is staying within their team, they may reduce the commission by one half of a percent. 3. They are members of the same team, and the team may have a financial interest in the transaction's outcome. 4. They will be paid by both the seller and their brokerage.

3. They are members of the same team, and the team may have a financial interest in the transaction's outcome.

What is the highest amount you can be fined by the Maryland Real Estate Commission for a serious violation? 1. $10,000 2. $100,000 3. $2,500 4. $25,000

4. $25,000 For acting without a license, the Commission can impose penalties up to $25,000 for third and subsequent offenses

Blaire apparently hasn't learned her lesson. She paid a $5,000 penalty when MREC found her guilty of misrepresentation, a $10,000 penalty when she was found guilty of placing a for sale sign in someone's yard without permission, and now she's committed three more violations by placing a series of discriminatory ads. What's the maximum penalty MREC can levy for these new violations? 1. $100,000 2. $25,000 3. $50,000 4. $75,000

4. $75,000 License law violators may incur penalties of $5,000 for the first violation, $15,000 for the second violation and up to $25,000 per violation after three or more violations.

hyllis has learned that the Maryland Real Estate Commission's real estate professional member from the Eastern Shore is vacating his seat soon. Phyllis has eight years of experience as a salesperson, and she's lived in Ocean City for six years. What else does Phyllis need in order to secure her nomination by the governor? 1. A notarized letter from her broker, granting her permission to focus on commission business for the term of her membership 2. At least four more years' residency on the Eastern Shore 3. At least two more years of real estate experience 4. Her broker's license for at least five years

4. Her broker's license for at least five years

Charlie and her girlfriend, Frankie, are buying a house together. Having found the perfect home, they made an offer without first having seen the seller's property disclosure/disclaimer statement. The statement arrived two days after they entered into the contract with the seller. How many days do Charlie and her girlfriend have to rescind their offer if they find something in the disclosure that makes them uncertain about the property? Five days Seven days Ten days Three days

Five days

Amelia's portfolio is on fire! She's got four upcoming listings and each of them will list for at least $500,000. Before she can count her commissions, though, she's got some paperwork to get through. Since she wants to stay on the right side of the Maryland Property Condition Disclosure Law, which of these sellers does Amelia need to remind about completing the Residential Property Disclosure/Disclaimer Statement? 1. Bryce, who, as the executor of his deceased mother's will, is selling her house 2. Erica, who's selling her five-unit apartment building to an investor who will be converting it to retail space 3. Mikey, an investor who's selling a property that he converted into a three-unit apartment building 4. Tessa, who represents a lender that's selling a foreclosed four-bedroom ranch-style home that sits on three acres

Mikey, an investor who's selling a property that he converted into a three-unit apartment building Unimproved properties, new construction, transfer tax-exempt properties, foreclosures/REOs, sheriff's/tax sales, court-appointed transfers, and properties that will be converted to commercial use or demolished are exempt from the disclosure requirement.

The Maryland Code of Ethics is divided into three sections: relations to ______, relations to clients, and relations with other licensees. Financial organizations Other professions Sponsoring brokers The public

The Public

Which of these is NOT a power of the Maryland Real Estate Commission? 1. Adopt reasonable bylaws and regulations regarding real estate practice and licensee conduct 2. Impose jail sentences of up to six months on licensees who commit multiple serious license law violations 3. Investigate complaints against real estate licensees or unlicensed individuals who are allegedly practicing real estate 4. Oversee license application, issuance, and renewal

impose jail sentences of up to six months on licensees who commit multiple serious license law violations Penalty-wise, MREC may: suspend/revoke licenses, seek injunctions against violators, subpoena witnesses for hearings, and levy civil penalties of as much as $25,000. MREC may refer possible criminal matters to the authorities for prosecution.

aulo failed to disclose a leaking roof to his buyer client, and a few soggy months later, MREC found him guilty of his second license law violation in three years. What's a likely civil penalty the commission will levy against him? $10,000 $15,000 $20,000 $5,000

$15,000 License law violators may incur penalties of $5,000 for the first violation, $15,000 for the second violation, and up to $25,000 per violation after three or more violations.

hich party would NOT need a real estate license to perform the following activities in Maryland? 1. A daughter whose father granted her power of attorney to sell his home 2. A developer who regularly subdivides and sells vacant lots 3. A freelance "neighborhood specialist" who is paid to scope out properties for out-of-town parties 4. An attorney who practices real estate as part of her regular duties

1. A daughter whose father granted her power of attorney to sell his home

Raul, a broker licensed in Maryland, has just signed on to manage a landlord's 15-unit apartment building. Which of the following tasks may Raul NOT perform without the owner's express knowledge and consent? 1. Accept a rebate from the laundry machine company. 2. Collect each tenant's rent on the first of the month. 3. Maintain the building's landscaping. 4. Return security deposits to tenants after they move out.

1. Accept a rebate from the laundry machine company.

Which of the following classes are not protected by federal or Maryland fair housing law, but may be protected by local ordinances in Maryland? 1. Age and lawful income 2. Disability and gender identity 3. Marital status and familial status 4. National origin and sexual orientation

1. Age and lawful income Age and lawful income are classes that are not protected for housing discrimination at the federal or state level in Maryland, but may be protected at the local level.

In which of the following settings is a prize offering permitted in Maryland? 1. Buyer education seminar 2. Closing 3. Listing presentation 4. Open house

1. Buyer education seminar

HUD received a complaint from Jameel, an Annapolis resident who claimed that his landlord evicted him when she found out he was gay. What will HUD likely do with this complaint? 1. Forward it to the Maryland Commission on Civil Rights. 2. Forward it to the Maryland Real Estate Commission. 3. Investigate it and report the findings to Jameel within 180 days. 4. Investigate it and report the findings to the Maryland Real Estate Commission within 180 days.

1. Forward it to the Maryland Commission on Civil Rights. MCCR receives and investigates housing discrimination complaints. HUD also forwards complaints it receives that pertain to Maryland. Sexual orientation isn't a federally protected class, but it is a protected class in Maryland.

In Maryland, transaction records may be stored electronically as long as ______. 1. Licensees are able to provide a paper copy upon commission request 2. The electronic storage system has unlimited capacity 3. The storage system used is on the commission's approved systems list 4. They're stored for at least six years

1. Licensees are able to provide a paper copy upon commission request

Which of these licensees has NOT shown cause for immediate suspension of his or her license? 1. Luis has been working for two brokers at the same time. 2. Patrick has misplaced three clients' earnest money checks in the past month. 3. Phoebe is convicted of felony fraud involving her brokerage's finances. 4. When the commission performed a records audit, Annalise wasn't able to account for trust funds she deposited two years ago.

1. Luis has been working for two brokers at the same time. The commission may, pending a hearing, immediately suspend a license if the licensee fails to properly account for trust funds or provide transaction documents upon commission request or is convicted of a felony.

Carmelita is a licensee selling a condo. She has the owner's permission to place a for sale sign in front of the unit. As she pounds the sign into the ground, a condo board representative approaches her and informs her that condo regulations forbid signage. Can Carmelita come back later and place the sign anyway? 1. No, she must conform to condo regulations. 2. Yes, if she comes at night and no one sees her. 3. Yes, she has the owner's consent. 4. Yes, the condo board can't tell her what to do!

1. No, she must conform to condo regulations. Carmelita can't place the sign. For sale signs must be placed with the consent of the owner and must comply with any regulations or restrictions by the homeowner, condominium, or cooperative associations.

In order to qualify as one of the five real estate professional members of the Maryland Real Estate Commission board, how many years of real estate experience must you have? 10 Five Seven Six

10

Assuming that the following individuals only carry a real estate license, who is in violation of the foreclosure consultation parameters set forth in PHIFA? 1. Benji listed a seller client's short sale property on the MLS and identified it as a short sale in all marketing materials. 2. Clint's former buyer client lost her home to foreclosure. When the lender filed a deficiency judgment against her, Clint advised her how to proceed. 3. Tiffany conducted a comparative market analysis for a short sale seller client and determined that the property's value is $50,000 less than what her client owed on his mortgage. 4. When Marin's seller client said that she was thinking about pursuing a deed in lieu of foreclosure instead of a short sale, Marin referred her to a foreclosure consultant.

2. Clint's former buyer client lost her home to foreclosure. When the lender filed a deficiency judgment against her, Clint advised her how to proceed. Licensees must be very careful not to cross over into territory that requires additional licensure, such as advising clients what to do about a deficiency judgment placed on them after a foreclosure sale.

In Maryland, the Protection of Homeowners in Foreclosure Act describes the role of and sets guidelines for the actions of ______. 1. Fannie Mae 2. Foreclosure consultants 3. Lenders 4. Short sale agents

2. Foreclosure consultants

Maryland sponsoring broker Sandrine has five salespersons working under her supervision. Whose license must be displayed in the brokerage office? 1. None are required to be displayed. 2. Only Sandrine's license is required to be displayed; the salesperson licenses must be retained. 3. Only the licenses of the five salespersons must be displayed. 4. Sandrine's license must be displayed, as well as the licenses of the five salespersons.

2. Only Sandrine's license is required to be displayed; the salesperson licenses must be retained. Only sponsoring brokers must display their licenses. Associate brokers may supervise licensees, but not sponsor them. Licenses may either be displayed or stored in such a manner that they may be immediately presented to the commission upon request.

Rosalie's buyer client, Emmett, lost $10,000 in earnest money when his contract fell through due to a tiny change in Maryland law that went into effect the previous month. When she received a notice of Emmett's complaint to MREC, Rosalie argued that she'd renewed her license the previous year, so hadn't taken her legislative update CE for her next renewal yet and wasn't responsible for the legal oversight. Which, if any, of the Maryland Code of Ethics guidelines has Rosalie potentially violated? 1. She failed to complete her CE in a timely manner. 2. She failed to keep informed of new real estate law or changes to real estate requirements. 3. She failed to reimburse Emmett's earnest money. 4. She hasn't violated any ethical guidelines.

2. She failed to keep informed of new real estate law or changes to real estate requirements. The Maryland Code of Ethics mandates that in order to best serve their clients, licensees must keep themselves informed of real estate law, including proposed changes to law, government orders, or other information that will affect their clients' interests.

Nancy, a broker in Annapolis, is going over the listing agreement with her new client, Josie, who asks, "What if I need to cancel the agreement early?" What should Nancy tell her? 1. "I'm always flexible. If we need to, we'll add an amendment to the agreement granting you permission to cancel early." 2. "Listing agreements in Maryland must be for a definite amount of time. If it would make you more comfortable, we can set the expiration date for one month, then have it automatically renew unless you decide to cancel." 3. "There's a provision right here that gives either of us permission to cancel the agreement early." 4. "You may cancel early. But per Maryland law, since listing agreements must have a definite termination date, if you do cancel I'll have to charge you a nominal cancellation fee."

3. "There's a provision right here that gives either of us permission to cancel the agreement early."

Dennis thinks he was discriminated against by a potential landlord in Maryland and wants to file a complaint. Which entity can he contact to do this? 1. Fair Housing Administrator's Office 2. Maryland Association of REALTORS® 3. Maryland Commission on Civil Rights 4. Office for Discrimination Complaints

3. Maryland Commission on Civil Rights

Kent's seller client's home just went under contract on Tuesday. Just as he's hanging the "under contract" sign in the yard, he gets an email alert from a different buyer's agent with a new offer attached. What should Kent do with the offer? 1. Advise your seller to accept it as a back-up offer. 2. Hold onto it in case the current contract falls through. 3. Present it to his client. 4. Reply to the buyer's agent that the property is under contract, so it's too late to make an offer.

3. Present it to his client.

Which of these licensees is correctly following MREC guidelines for hosting an open house? 1. Fabrizio displays his real estate license and wears a name tag. 2. Luke makes sure that all attendees sign an Understanding Whom Real Estate Agents Represent form. 3. Shawna displays the MREC notice informing consumers that she represents the seller. 4. Shelby makes sure to place a warning next to the plate of cookies she's put out, informing attendees that they contain peanuts.

3. Shawna displays the MREC notice informing consumers that she represents the seller. Licensees hosting an open house must display an MREC-mandated notice advising consumers that the licensee represents the seller and warning visitors not to discuss with the agent anything they wouldn't want the seller to know.

Beverly was so proud of the comparative market analysis (CMA) she'd put together for her seller client, Jonathon. The first page was simple: a large photo of his property with the address printed underneath. The rest of the CMA was spotless: She'd found four excellent comparable properties, included plenty of information about them, and was confident that Jonathon would love the suggested list price she arrived at. What did Beverly do wrong? 1. She didn't alert the comparable properties' listing agents that she was using their listings as comps. 2. She didn't include at least six comparables in her analysis. 3. She didn't include a written statement on the CMA's first page that clarified that it wasn't an appraisal. She didn't leave it up to Jonathon to determine the suggested list price. 4. Licensees must include a specific "Competitive Market Analysis Disclosure" statement conspicuously and on the CMA's first page. The exact wording of the statement can be found in the "Relations to Clients" section of the Maryland Code of Ethics.

3. She didn't include a written statement on the CMA's first page that clarified that it wasn't an appraisal.

Ruthe is fed up with her agent's lazy and irresponsible behavior. On top of his usual incompetence, her checking account was just hacked because he misplaced her $10,000 EMD check. She's lost $5,000 and has to pay $50 in bank fees, too. With which entity should she file a complaint? 1. The chamber of commerce 2. The Guaranty Fund 3. The Maryland Real Estate Commission 4. The state attorney general

3. The Maryland Real Estate Commission

Tiara's Maryland salesperson's license is going to expire next week if she doesn't complete all of the required continuing education hours. She's completed three hours of agency, three hours of legislative updates, 1.5 hours of fair housing, and three hours of electives. What other coursework does she need to complete in order to renew her license? 1. 1.5 hours of ethics and 1.5 more hours of electives 2. 1.5 hours of ethics and three more hours of electives 3. Three hours of ethics and 1.5 more hours of electives 4. Three hours of ethics and three more hours of electives

3. Three hours of ethics and 1.5 more hours of electives Salespersons are required to complete 15 hours of continuing education (CE) during every two-year renewal period, consisting of: three hours each of legislative updates, agency, and ethics, 1.5 hours of fair housing, and 4.5 hours of electives.

Jim's had one heck of a time getting his latest listing sold. His seller client nitpicked every single item that the buyers asked her to repair after the home inspection. She was about to let the deal fall through over it until Jim offered to rebate 0.5% of his commission back to the seller. Does Maryland license law permit Jim to do this? 1. No. Licensees aren't permitted to pay (or rebate) compensation to unlicensed individuals. 2. No. The commission rate written into the listing agreement is binding. 3. Yes, as long as he documents the commission reduction in writing and discloses it to all parties. 4. Yes, but only if the listing agreement is also updated to reflect the new commission rate.

3. Yes, as long as he documents the commission reduction in writing and discloses it to all parties.

Which of the following is NOT a relief option that the nine-member Maryland Commission on Civil Rights may order if it determines that housing discrimination has occurred? 1. A civil penalty awarded to the state 2. An injunction to prevent further discriminatory behavior 3. Criminal action against the party who discriminated 4. Training for the party who discriminated

3.Criminal action against the party who discriminated

Dorothy, a Maryland broker, deposited her buyer client's earnest money funds a month ago. The seller backed out of the contract two days before closing and claimed she was owed the earnest money because of the time the property had been taken off the market during contract negotiations. The buyer wants his earnest money back. Which of the following is NOT an option that Dorothy has regarding the dispute? 1. She can file a bill of interpleader and deposit the funds with the courts, which would then decide their disbursement. 2. She can file a claim with the Maryland Real Estate Commission, which would then decide how the funds should be disbursed. 3. She can hold onto the funds until one of the parties files suit and a court orders the funds' disbursement. 4. She can hold the funds until she receives both parties' authorization to disburse them.

3.She can file a claim with the Maryland Real Estate Commission, which would then decide how the funds should be disbursed. Brokers may: hold disputed funds until both parties authorize their disbursement, file a bill of interpleader and deposit the funds with the courts to decide their disbursement, or hold the funds until one party files suit and a court orders disbursement.

The Guaranty Fund paid a consumer's $15,000 claim because of licensee Ben's negligence. Ben is breaking the news to his broker. How's his broker likely to respond? 1. "As long as you reimburse the fund for the full claim amount plus 12% interest within 30 days, you can keep practicing real estate." 2. "Luckily, your E&O insurance covers this issue, so you can get back to business as usual. I hope you've learned your lesson!" 3. "We'll both have a lot of time on our hands until you reimburse the fund, since both of our licenses are now suspended." 4. "Well, since this means your license is suspended, we'll see you back at the office when you reimburse the fund."

4. "Well, since this means your license is suspended, we'll see you back at the office when you reimburse the fund." If the commission grants a consumer payment from the Guaranty Fund due to a licensee's conduct, that licensee's license is automatically suspended until the licensee repays the amount in full, plus at least 10% interest.

Lapis is training her new unlicensed assistant, Heidi, and they've come to the subject of recordkeeping. Which of these points is true? 1. All real estate documents must be forwarded to the commission for safekeeping once a transaction is completed. 2. Heidi is permitted to represent clients, as long as she does so under Lapis's direct supervision and gets the clients' written consent. 3. Heidi may not handle real estate documents unless she gets her license. 4. Lapis must keep her transaction records on file for at least five years.

4. Lapis must keep her transaction records on file for at least five years.

What type of ownership interest needs to be disclosed in writing to all parties? 1. Only property held directly by the licensee 2. Only property held directly or indirectly by the licensee 3. Only property held directly or indirectly by the licensee or by the licensee's immediate family member 4. Property held directly or indirectly by the licensee, the licensee's immediate family member, the licensee's firm, or a member of the licensee's firm

4. Property held directly or indirectly by the licensee, the licensee's immediate family member, the licensee's firm, or a member of the licensee's firm

Which of these documents does NOT establish an agency relationship between a client and a licensee? 1. Brokerage agreement 2. Buyer representation agreement 3. Listing agreement 4. Purchase agreement

4. Purchase agreement

Sheila filed a discrimination complaint against her landlord. She's worried that when he finds out about her complaint, he's going to evict her. However, he knows not to evict her just because she filed a complaint. Why? 1. He must wait to evict her until after the complaint has been investigated. 2. Landlords must wait 180 days to evict parties who file a discrimination complaint. 3. Parties who file a discrimination complaint may not be evicted for any reason. 4. Retaliation against parties who file a discrimination complaint is illegal.

4. Retaliation against parties who file a discrimination complaint is illegal.

After 15 years of building her business as a salesperson, Estrella has gotten her broker's license and is striking out on her own. She's creating new business cards, and it's been so long since she had to do them on her own, she's double-checking that they comply with Maryland real estate advertising law. What does she need to be sure to include? 1. Estrella must include her name, her picture, and either her business's phone number or address. 2. She doesn't need to worry about complying, since business cards aren't considered advertising in Maryland. 3. She needs to include her name, her business's phone number, and her license number. 4. The cards must include her name as it appears on her license.

4. The cards must include her name as it appears on her license.

Yeo-yun completed all of her Maryland salesperson licensure requirements and submitted her documentation and licensing fees to the commission. A few days later, her broker presented her with her new license. What's wrong with this scenario? 1. Licenses are issued at least 30 days after submission of documentation, not within a few days. 2. Seo-yun should've gone to the commission office to pick up her new license. 3. Seo-yun should've submitted her documentation to her broker, not the commission. 4. The license should've also come with a pocket card.

4. The license should've also come with a pocket card.

A prospective buyer is curious why a previous owner is selling such a perfect home. The Maryland licensee knows that the previous owner recently died due to complications from AIDS. How should the licensee respond to the prospective buyer's inquiry? 1.The licensee can disclose that the owner had AIDS, but can't reveal whether the owner died from the disease. 2. The licensee can obtain permission from the seller to reveal the previous owner's AIDS diagnosis. 3. The licensee can share that the previous owner died from AIDS. 4. The licensee can't disclose that a previous owner had HIV or AIDS.

4. The licensee can't disclose that a previous owner had HIV or AIDS.

Licensed property managers in Maryland must maintain related records for at least five years, beginning on the date ______. 1. The last tenant moves out 2.The property management agreement commences 3. The property management agreement terminates 4. The property management agreement was signed.

4. The property management agreement was signed.

Kavita is hosting her first open house. She's put out some refreshments, some printouts of the public MLS listing, and a sign-in sheet so she can (hopefully) get some viable buyer leads from the open house attendees. What other document does she need to display? 1. A copy of the signed listing agreement 2. A copy of the signed Understanding Whom Real Estate Agents Represent form 3. Her real estate license 4. MREC's open house notice

4.MREC's open house notice

he Protection of Homeowners in Foreclosure Act (PHIFA) outlines parameters for foreclosure consulting services offered to homeowners who are at least ______ delinquent on their mortgage payments 30 days 45 days 60 days 90 days

60 days

What may happen when the Guaranty Fund's balance falls below $250,000? 1. All licensees may be required to pay a nominal fee at renewal time. 2. Each licensee is billed for their share of the deficit. 3. Only broker licensees may be required to pay a nominal fee at renewal time. 4. The amount that new licensees must pay goes up to $40 until the fund balance returns to $250,000.

All licensees may be required to pay a nominal fee at renewal time.

Mike, a salesperson with Helping Hand Realty, listed Yvonne's home for sale. Brett, another salesperson with Helping Hand, has a buyer interested in purchasing Yvonne's property. Antoine, Helping Hand's broker, makes sure that both Mike and Brett have re-affirmed their clients' consent to dual agency. Who is the dual agent in this scenario? Antoine Brett Mike Yvonne

Antoine If the same firm represents both parties to a transaction, the broker may appoint a separate intra-company agent to represent each party to the transaction. In this case, the parties get to keep their respective agents, and Antoine is the dual agent.

Cheyenne has been working with a buyer, though they don't have a signed agency agreement. When he finds a house he likes, Cheyenne helps him fill out the offer paperwork and submits it to the seller's agent. In what capacity is Cheyenne contributing to this transaction? 1. As an agent for the buyer 2. As a non-agent for the seller 3. As a sub-agent for the buyer 4. As a sub-agent for the seller

As a sub-agent for the seller

Which of the following statements about when you must present the Consent for Dual Agency form to the seller is true? 1. As part of completing the listing agreement and again if a dual agency situation arises and you need the seller to reaffirm their consent 2.Just once—as part of completing the listing agreement to obtain the seller's informed consent for dual agency 3. Only if a dual agency situation arises and the seller didn't consent to dual agency representation initially 4. Only if you are serving as the dual agent for both the seller and the buyer

As part of completing the listing agreement and again if a dual agency situation arises and you need the seller to reaffirm their consent.

Adesha made an offer on a three-bedroom townhouse in Hanover on April 5. The sellers accepted her offer on April 6, and all signatures were finalized by April 7. Adesha still hasn't received the property disclosure/disclaimer statement. Until when can Adesha rescind the contract without penalty? April 12 April 14 April 17 At any time before she receives the disclosure/disclaimer statement

At any time before she receives the disclosure/disclaimer statement.

How does a Maryland broker's license renewal differ from a salesperson's license renewal? 1. Brokers have to renew every three years and salespersons have to renew every two years. 2. Brokers must take the 15 hours of CE salespersons take, plus an additional three hours of broker supervision coursework. 3. Instead of having 4.5 hours of electives, brokers must take three hours of broker supervision coursework and only 1.5 hours of electives. 4. There is no difference between license renewals for brokers and salespersons.

Brokers have to renew every three years and salespersons have to renew every two years.

In Maryland, which type(s) of licensee must take 15 hours of continuing education every renewal cycle? Associate brokers only Brokers, associate brokers, and salespersons Brokers only Salespersons only

Brokers, associate brokers, and salespersons

Fresh out of community college and newly licensed as a real estate salesperson, Ben just took on a short sale as his first listing. Ben told his broker, Janine, that he could handle the transaction and had just advised his seller client that he could do it with minimal damage to the client's credit rating. Janine immediately took Ben off the listing and assigned it to a more experienced licensee. Why? 1. By predicting the seller's credit rating outcome, Ben crossed the line into giving advice that requires additional licensure. 2. New salespersons aren't permitted to take on listings until after the 90-day probationary period. 3. Salespersons must get their broker's permission before accepting a short sale listing or offering on a short sale property. 4. Short sales may only be listed by brokers or associate brokers.

By predicting the seller's credit rating outcome, Ben crossed the line into giving advice that requires additional licensure. The Protection of Homeowners in Foreclosure Act prohibits real estate licensees (unless they're further licensed) from predicting the credit effects of a short sale/foreclosure, the benefits of a strategic default, or how to avoid a deficiency judgment.

Chandler is a licensed salesperson in a state that doesn't have a reciprocal agreement with Maryland. What must he do in order to qualify for licensure in Maryland? 1. Chandler needs to complete the same licensure requirements as other Maryland salesperson candidates and submit an irrevocable consent form. 2. Chandler needs to pass both the national and Maryland licensing exams and submit an irrevocable consent form. 3. Chandler needs to receive commission approval before completing any licensure requirements. 4. Chandler only needs to pass the Maryland portion of the licensing exam and provide the name of the Maryland broker with whom he'll be affiliating once licensed

Chandler needs to complete the same licensure requirements as other Maryland salesperson candidates and submit an irrevocable consent form. Nonresidents from states with no reciprocal agreement with Maryland must complete the same requirements for Maryland licensure as other candidates and submit an "irrevocable consent" form, which allows legal action to be placed on the licensee in Maryland

Which of the following is NOT an example of legal dual agency in Maryland? 1. Chet, the managing broker, represents a seller and designates one of his associated salespersons, Chanice, to represent the buyer in the same transaction. 2. Damon, an associate broker with Sunshine Realty, represents the property seller, and Jake, a salesperson at the same firm, represents the property buyer. 3. Patrice, the office manager of Nest Egg Homes, appoints salesperson Sharlene to represent the seller and salesperson Butch to represent the buyer of a property listed with Nest Egg. 4. Ruthe, an associate broker with Fortunata Realty, represents a property seller, and Lisa, another associate broker at the same firm, represents that property's buyer.

Chet, the managing broker, represents a seller and designates one of his associated salespersons, Chanice, to represent the buyer in the same transaction. The broker acts as the dual agent in a dual agency situation in Maryland and may not represent one of the parties. Instead, the broker (or designated office manager) assigns two associated licensees to represent the parties as intra-company agents.

Which of the following is NOT true regarding the Maryland Commission on Civil Rights? Commission members serve four-year terms. The commission is made up of nine members. The commission is managed by an executive director. The governor appoints members to the commission.

Commission members serve four-year terms. MCCR is made up of nine governor-appointed members and an executive director who serve six-year terms.

Four years ago, licensee Gustav assisted a buyer in her purchase of a foreclosed three-bedroom townhome in Hanover. The buyer recently called Gustav, telling him that she filed a complaint with MREC, claiming that Gustav knew the plumbing was faulty, but didn't disclose this to her. As a result, she's racked up more than $35,000 in plumbing bills since her home purchase. Panicked, Gustav begins searching for the transaction file until his broker tells him he can stop. Why? 1. Because the property was a foreclosure and therefore sold "as-is," Gustav was exempt from disclosing that the plumbing was faulty. 2. Complaints must be filed within three years of the transaction date, and this sale took place four years ago. 3. MREC doesn't have jurisdiction in this case; the buyer needs to contact the Guaranty Fund. 4. Records only need to be maintained for three years in Maryland; after that point, no complaints may be made against a licensee.

Complaints must be filed within three years of the transaction date, and this sale took place four years ago

Which of these parties could NOT file a claim with the Guaranty Fund? 1. Devon, a broker who lost $10,000 when a seller client demanded that Devon pay to have her home staged, then cancelled the listing a week later when the house hadn't sold 2. Raul, who lost $68,000 in a real estate pyramid scheme initiated by a long-time broker 3. Regina, a buyer who accrued $15,000 in repair costs because her agent didn't tell her that the roof leaked 4. Yashika, a buyer who lost $26,000 when her checking account was hacked after her agent's assistant lost her earnest money check

Devon, a broker who lost $10,000 when a seller client demanded that Devon pay to have her home staged, then cancelled the listing a week later when the house hadn't sold The Guaranty Fund is for consumers who have exhausted all other resources in collecting a judgment placed against a licensee (or an unlicensed employee of a licensee). The transaction in question must be related to a property located in Maryland.

Corita is a salesperson with Maryland's Best Realty and is slammed with clients right now; so much so that she wants another agent with her firm, Spencer, to handle listing Corita's own home. What does Spencer need to make sure to do? 1.Disclose that he and Corita work together at the same firm. 2. Get their broker's approval. 3. Have interested buyer's agents contact Corita directly, since she's licensed and knows the most about the property. 4. Split his commission with Corita.

Disclose that he and Corita work together at the same firm Licensees must disclose when they're acting on behalf of an immediate family member, an entity in which they have an ownership interest, or another affiliated licensee/employee of their brokerage or in their team/group

Whose responsibility is it to ensure that a prospective buyer receives a copy of the Maryland Residential Property Disclosure and Disclaimer Statement prior to the buyer making a written offer to the seller? 1. Either the buyer's or seller's broker 2. The buyer's broker only 3. The seller only 4. The seller's broker only

Either the buyer's or seller's broker It is the buyer's or seller's broker's responsibility. Failure to do so could result in disciplinary action for the offending licensee. It could also result in the buyer voiding the contract.

Fatima, a salesperson, is hosting an open house in Annapolis for her seller client Ramona. Two interested buyers come in, and after Fatima gives them a tour they tell her they'd like her to represent them in making an offer. Since her seller client has already consented to dual agency, she gladly offers to represent the buyers and helps them write an offer right there at the open house, making sure that they also sign a Consent for Dual Agency form. What's wrong with this scenario? 1. Fatima doesn't need them to sign the Consent for Dual Agency form since her seller client already has. 2. Fatima isn't permitted to act as a dual agent. 3. Fatima must wait until the open house is finished to have her new clients sign the Consent for Dual Agency form. 4. Fatima needs to reaffirm the seller's dual agency consent before she can help the buyers make their offer.

Fatima isn't permitted to act as a dual agent. Only brokers may act as dual agents. For this scenario to be legal, Fatima would represent one side of the transaction as an intra-company agent, and her broker would appoint another licensee in Fatima's brokerage to represent the other party.

One of the things that Tyrone loves being able to do as a licensee is help his friends, family, and business associates with their real estate needs. In which of these situations does Tyrone NOT need to disclose his personal interest in the transaction? 1. He's selling a home on behalf of another salesperson in his brokerage. 2. He's selling his aunt's home. 3. He's selling his brother's home. 4. He's selling his own home.

He's selling his aunt's home. Licensees must disclose when they're acting on behalf of an immediate family member, an entity in which they have an ownership interest, or another affiliated licensee/employee of their brokerage or in their team/group.

Margaret has been working periodically with Bill, a lukewarm prospective buyer who can't seem to make up his mind about what kind of home he wants. Though he's signed the agency disclosure form, they've never signed an agency agreement, but he calls Margaret up every couple of months, tells her what he's looking for, and she sends him some listings. What other duties does Margaret owe Bill? 1. Confidentiality and honesty 2. Confidentiality and reasonable skill and care 3. Fairness and reasonable skill and care 4. Honesty and fairness

Honesty and fairness

Broker Pat was so busy enjoying her semi-retired life that she failed to supervise new salesperson Dina adequately and Dina engaged in unintentional discrimination. What might happen to Pat's license? 1. If Dina's license is revoked, Pat's is automatically suspended. 2. If Dina's license is suspended, Pat's is automatically suspended as well. 3. It could be suspended or revoked. 4. Nothing. Only Dina's license is in danger.

It could be suspended or revoked. Dina will likely be disciplined for the unintentional discrimination she engaged in, and Pat's license is also in danger for failing to adequately supervise an affiliated licensee. Both licensees can potentially be fined as much as $5,000 per violation.

Shelby listed her seller client's condo on April 4. It went under contract May 16. That contract fell through on May 29. The listing agreement expired on July 4, with no other offers or contracts. On what date does the five-year record-retention clock start ticking? April 4 July 4 May 16 May 29

July 4 The five-year retention period begins on the date the transaction closes, or, if the transaction didn't close, the last activity date on the transaction (e.g., listing agreement expiration date).

Artie, a real estate licensee, is a convicted felon, and although he served his time, he has had some administrative sanctions that call into question his trustworthiness to serve the public. What is the maximum sanction the MREC may impose? License revocation License suspension One year in prison Three years in prison and license revocation

License revocation The commission will revoke a license of a convicted felon if the licensee demonstrates continued issues with trustworthiness.

MREC received Shanice's complaint against licensee Nick two years and eight months after he helped her buy her one-bedroom condo in Silver Spring. Nick and his broker responded to the copy of the complaint MREC sent them. Three weeks later, Nick and his broker received notice via certified mail that Shanice's claim warranted a hearing, which would take place in a week. What's wrong with this scenario? 1. Complaints must be filed within two years. 2. Condominiums and co-ops are outside MREC's jurisdiction; Shanice should bring her complaint directly to her condo board. 3. MREC must give 10 days' notice before a hearing. 4. Nick's broker is only contacted if the claim moves forward to a hearing.

MREC must give 10 days' notice before a hearing.

Maryland licensee Clint operates as an independent contractor associated with Red Hat Properties and its broker, Margaret. Which of these statements is true about Margaret's supervisory responsibility and liability for Clint's actions? 1. Clint can elect whether or not to be subject to Margaret's supervision. 2. Margaret can't be held responsible for Clint's actions since he's an independent contractor. 3. Margaret is responsible for and can be disciplined based on Clint's actions. 4. Margaret must supervise Clint but isn't responsible for his actions.

Margaret is responsible for and can be disciplined based on Clint's actions.

Which of these parties WOULD need a real estate license in Maryland? 1. Gail, who works for a bank that is selling a foreclosed property it owns 2. Kathy, who is selling her knitting store business, including the lease for the store's space at the local mall 3. Marsha, an attorney who is selling a client's home, as this is something she typically does as part of her practice 4. Stefano, a home builder who is selling a property he built

Marsha, an attorney who is selling a client's home, as this is something she typically does as part of her practice An attorney providing brokerage services outside of his or her regular law practice does not need a real estate license, but if the attorney engages regularly in real estate business, a license is required.

Betsy and Josh want to file a complaint against a real estate licensee whom they feel misrepresented them in the sale of their Maryland home. With what organization can they file a complaint? 1. Hearing panel 2. Local police department 3. Maryland Real Estate Commission 4. U.S. Board of Real Estate Licensees

Maryland Real Estate Commission

Dante lives in Maryland and purchased property in Pennsylvania. His real estate agent lied to him about a material defect, and it ended up costing Dante $52,000. Can Dante file a claim against the Guaranty Fund? 1. No, his claim is over the $50,000 threshold. 2. No, the property purchased was in Pennsylvania. 3. Yes, but he can only recover $50,000 of his loss. 4. Yes, but not before exhausting other methods to collect the money.

No, the property purchased was in Pennsylvania.

Padma's buyer client made an offer on Tom's seller client's home, which the seller countered. Padma's client sent another counter-offer back to the seller on Monday. On Tuesday, Tom called Padma to tell her that the seller was accepting her client's offer, and he'd send over the signed paperwork on Thursday. Padma called her client to tell him the good news, but he told her he'd rather back out of the contract entirely. Can the buyer back out? 1. No. A counter-offer is binding until it's rejected by the other party (in this case, the seller). 2. No. A counter-offer is considered accepted when the offer is signed and the offeror (in this case, the buyer) is notified. 3. Yes. The buyer can back out of the counter-offer at any point before it's signed. 4. Yes. The offeror of a counter-offer has an exclusive right to rescind the offer at any time.

No. A counter-offer is considered accepted when the offer is signed and the offeror (in this case, the buyer) is notified. Offers and counter-offers may be withdrawn until accepted. Acceptance is effective upon notification to the offeror.

Fumiko hosted an open house for her new seller client. She gave away door prizes to attendees, including pens, mousepads, USB drives, and other items with her brokerage's contact information on them. Did Fumiko do anything wrong? 1. No. She didn't do anything wrong. 2. Yes. All prizes must have her contact information, not her brokerage's. 3. Yes. Licensees aren't allowed to offer prizes or incentives to consumers. 4. Yes. The prizes are considered advertising and must be approved by the commission first.

No. She didn't do anything wrong. Licensees may not offer free prizes, incentives, items, etc. in order to induce consumers into a sale or purchase. However, they may give away prizes at open houses, provided they don't induce consumers to enter into a brokerage agreement.

What information about the Guaranty Fund must be included in every Maryland sales contract? 1. Notice that the Guaranty Fund's minimum balance is $250,000 2. Notice to the buyer of the Guaranty Fund's protection up to $50,000 3. Notice to the buyer that licensees are exempt from having Guaranty Fund claims placed against them 4. The website and office address where consumers may go to file a written Guaranty Fund claim

Notice to the buyer of the Guaranty Fund's protection up to $50,000

What information about the Guaranty Fund must be included in every Maryland sales contract? 1. Notice that the Guaranty Fund's minimum balance is $250,000 2. Notice to the buyer of the Guaranty Fund's protection up to $50,000 3. Notice to the buyer that licensees are exempt from having Guaranty Fund claims placed against them 4. The website and office address where consumers may go to file a written Guaranty Fund claim

Notice to the buyer of the Guaranty Fund's protection up to $50,000 Sales contracts must include a written notice to the buyer of the Guaranty Fund's protection up to $50,000.

Joanne's a new licensee, and her broker has suggested that she attend a meeting of the Maryland Real Estate Commission to learn more about how the commission works. If it's December 1, and she's trying to go before the end of the year, how many more meetings are available for her to attend? Four; MREC meets every week. One; MREC meets once a month (12 times per year). Two; MREC meets every other week. Zero; MREC meetings aren't open to the public.

One; MREC meets once a month (12 times per year).

Monique received four offers on her client's listing. Offer A is a written offer that the buyer's agent dropped off at Monique's office. Offer B is an offer that the buyer's agent communicated to Monique over the phone. Offer C is a written offer that Monique received via email. Offer D is a written counter-offer from a buyer that Monique's client countered earlier in the week. Which offers must Monique present to her client? 1. All of them 2. Only offer D, since it's a counter-offer 3. Only offers A, B, and C, since they supersede a counter-offer 4. Only offers A, C, and D, since they're in writing

Only offers A, C, and D, since they're in writing

In addition to sanctions imposed by the Maryland Real Estate Commission, serious violations of real estate license laws can result in what? 1. Additional education 2. A small fine 3. Prison sentence 4. Reprimand

Prison sentence Maryland law allows, in addition to sanctions imposed by the commission, prison sentences for specific violations.

In Maryland, reasonable and adequate supervision includes a broker's responsibility to make training and educational sessions available to affiliated licensees at least every ______. Quarter Six months Two months Two weeks

Quarter

Chelsea represents the buyer of a For Sale by Owner townhome in Bowie. When the seller stops by Chelsea's office to deliver the homeowners association resale packet, the two get to chatting. What does Chelsea need to make sure to tell the seller? 1. That Chelsea may share any information the seller tells her with her buyer client 2. That Chelsea will hold anything the seller tells her in the strictest confidence 3. That the buyer will return the resale packet to the seller as soon as he's had time to review it 4. That the HOA packet should've been delivered directly to the buyer

That Chelsea may share any information the seller tells her with her buyer client Unrepresented parties must be made aware that any information they choose to share with the licensee may be shared with the licensee's client.

An administrative law judge presided over Sabine's misconduct hearing. Sabine presented several documents indicating she was an excellent licensee, including notarized statements from three of her clients. However, the ALJ found evidence of misconduct and recommended that Sabine be required to take an additional three hours of CE in ethics. What happens next? 1. Sabine may request that her broker appear before the judge to corroborate the evidence she presented. 2. Sabine must take the ethics coursework and submit proof of completion to MREC. 3. Since Sabine was found guilty of a violation, her case is automatically appealed. 4. The MREC hearing panel decides whether or not to accept the ALJ's recommendation.

The MREC hearing panel decides whether or not to accept the ALJ's recommendation.

Which of the following is NOT a required inclusion in a Maryland buyer representation agreement? 1. A definite termination date 2. Compensation details 3. Each party's duties and responsibilities to the other 4. The address of the property the buyer is purchasing

The address of the property the buyer is purchasing. Buyer agency agreements should include a description of the type of property the buyer is hoping to purchase, but not the address since the property probably won't have been identified yet.

Which of these is NOT a circumstance that would result in a Maryland broker releasing trust money she was holding? 1. The beneficiary of the trust money failed to complete the contract terms. 2. The broker received a court order instructing her to disburse the trust money. 3. The buyer needed his earnest money back in order to pay the down payment. 4. The transaction closed.

The beneficiary of the trust money failed to complete the contract terms. Brokers must hold trust money until the transaction closes, the trust money's beneficiary breaches the contract terms, or the broker receives either the parties' written instructions or a court order instructing him or her to disburse the funds.

Bella perused the listing agreement her new seller client had just signed. Looking it over, she realized that they'd forgotten to fill in one item that's required in Maryland listing agreements. What was missing? 1. The amount of earnest money the seller requires 2. The commission amount 3. The most recent property tax amount 4. The seller's preferred closing date

The commission amount The listing or buyer representation agreement must state the commission amount, in either a specific amount or a percentage. Net listings are prohibited.

DeShawn has been licensed as a salesperson in Maryland for 18 months. Which of the following statements is true about his upcoming license renewal? 1. DeShawn must complete 18 hours of continuing education in order to qualify for renewal. 2. DeShawn must complete his continuing education at least 14 days before his license's expiration date. 3. Since this is his first renewal period, DeShawn only needs to complete 12 hours of continuing education. 4. The commission will mail or email DeShawn a renewal reminder at least 60 days before his license's expiration date.

The commission will mail or email DeShawn a renewal reminder at least 60 days before his license's expiration date.

Silvio's buyer client Donna is new to the area and asked him if he could recommend any contractors to install new windows and doors in her new home. Silvio checked the DLLR website to make sure the contractor was still licensed, then gave Donna the contractor's contact information. What else does he need to give Donna? 1. The contractor's license number 2. The date Silvio verified the contractor's licensure and the link to the DLLR website where Donna can perform a license search 3. The name and contact information of at least one more contractor 4. The number of years that the contractor's been licensed in Maryland

The date Silvio verified the contractor's licensure and the link to the DLLR website where Donna can perform a license search. When providing a contractor name to a client, licensees are also required to provide the date they verified the contractor's licensure and the link to the Maryland Home Improvement License Search on the DLLR website.

Which of these is NOT a material fact requiring disclosure in Maryland? 1. Marquis inherited his property from his mother after she passed away in the master bedroom, which was painted with lead-based paint. 2. The city will begin construction on a new community center 50 yards from Ebony's property next year. 3. Timothy is moving out of his neighborhood because his neighbors host raucous parties at all hours of the night. 4. You can't see it because it's under the new carpeting Peggy installed before listing her house, but there's a crack in the foundation.

Timothy is moving out of his neighborhood because his neighbors host raucous parties at all hours of the night. A material fact is any information about a property that might affect the buyer's offer, contract terms, or the property's value. Lead-based paint and latent defects the seller knows about must always be disclosed.

Ned is a Maryland listing agent who has learned of a material fact related to the transaction. To whom and when must he disclose this information? 1. To all parties as soon as possible 2. To the seller and buyer as soon as possible, provided his firm represents both parties 3. To the seller as soon as possible; to the buyer prior to closing 4. To the seller prior to closing

To all parties as soon as possible

Which of these scenarios does NOT accurately reflect the MREC complaints and investigations process? Finding no evidence of misconduct, the hearing panel reviewing Monica's complaint dismissed the claim. The hearing panel decided against the administrative law judge's recommendation to suspend Swaroop's license. The hearing panel forwarded Charlene's complaint against licensee Todd to Investigative Services for further inquiry. Upon reviewing a complaint against licensee Derek, an administrative law judge deemed it worthy of further investigation.

Upon reviewing a complaint against licensee Derek, an administrative law judge deemed it worthy of further investigation. The hearing panel reviews complaints, dismissing invalid claims and forwarding valid ones to Investigative Services. If warranted, an ALJ will preside over a hearing and then make a recommendation to the hearing panel regarding disciplinary action.

If a license expires due to nonrenewal, it must be reinstated within what time period? Within 30 days Within one year Within three years Within two years

Within three years

Phoebe's New Jersey real estate license was revoked after she was convicted of intentional misrepresentation. When the Maryland Real Estate Commission learns of this, it summarily revokes her Maryland salesperson's license. Does it have the power to do this? 1. No. MREC may not revoke a license before the licensee has a chance to present her case at a hearing. 2. No. MREC would have to prove that she has violated Maryland license law in order to revoke her Maryland license. 3. Yes, but Phoebe may request a hearing to appeal the revocation. 4. Yes. Revocation in another state automatically means her Maryland license must be revoked.

Yes, but Phoebe may request a hearing to appeal the revocation. MREC may summarily (immediately and prior to a hearing) revoke a license if the licensee is convicted of a serious license law violation and the appeals process has been exhausted, or if the licensee has a license in another jurisdiction revoked.

Selma made her initial offer on Monday. The seller countered it on Tuesday. On Wednesday, Selma sent the seller another counter-offer. On Thursday, the seller backed down and said he was willing to accept Selma's initial offer from Monday. Can this happen? 1. No. Counter-offers negate any previous offers, so at least one term must be different. 2. No. Once the initial offer is rejected, it's dead and new terms need to be negotiated. 3. Yes, as long as someone still has a copy of the initial offer. 4. Yes, but a new counter-offer must be drawn up to include the original offer's terms.

Yes, but a new counter-offer must be drawn up to include the original offer's terms. Once a counter-offer has been made, the prior offer is cancelled. There is no retracting a counter-offer and returning to the prior offer, although a new counter-offer can do that if both parties agree and sign.

Shawn and his life partner, Dennis, recently put an in an offer on a home. The seller tells his agent to reject the offer, because he won't sell to "gays." Are Shawn and Dennis protected under fair housing laws? 1.No. There is no federal or state fair housing protection based on a person's sexual orientation. 2. Yes, under both federal and state fair housing laws 3. Yes, under federal fair housing laws 4. Yes, under state fair housing laws

Yes, under state fair housing laws

You recently listed an historic home more than 100 years old, which was the site of a suicide many years ago. A spirit is believed to roam the grounds, but the current owner doesn't want this shared with prospective buyers. Which action best demonstrates good faith? 1. You follow the owner's wishes because the suicide and haunting don't need to be disclosed. 2. You tell the owner you don't have to disclose that the property was the site of a suicide, but do need to disclose the ghost. 3. You tell the owner you don't have to disclose the ghost, but do need to tell buyers that a suicide occurred on the property. 4. You tell the owner you must disclose whether a property was the site of a suicide or homicide.

You follow the owner's wishes because the suicide and haunting don't need to be disclosed.

In order to qualify as one of the four appointed consumer members of the Maryland Real Estate Commission, how many years of experience must you have as a real estate licensee? 10 Five Seven Zero

Zero Consumer members of the MREC board are not licensees.