MD law questions and answers already graded A

MD law questions and answers already graded A as a licensed salesperson you are looking for the MLS and buying a property that you wish to buy which of the following is true? answer you may represent yourself, but you must inform the seller that you are a licensee a licensee is required to give an agency disclosure to every purchaser/lessee at first Contact in Maryland, which of the following rights are in effect? dower curtesy Homestead none a quorum of the commission is a majority of the serving members(five members in) your license expired on October 5th 2011. How many years are you eligible to reinstate your license? 3 years the timeshare rules require developers must register with the Real Estate Commission, each timeshare project must have a broker, each timeshare developer must be bonded when converting Apartments to Condominiums, how many days notice must be given to the current tenants to vacate the property? 180 days the real estate commission must meet at least once a month as a listing agent you have knowledge that the owner has been diagnosed with AIDS. You are required by law to? not disclose this fact to anyone it is a violation of federal law you are issued your Maryland real estate salesperson's license on March 20th of 2003. Your license must be renewed by March 20th 2005(2 years later in) which of the following is required to hold a real estate license? a mother who receives a referral fee from her license son if an applicant fails the exam, and still wishes to obtain a license my schedule with PSI to retake the portion of the exam they failed you are issued your salesperson's license in January of 2006. How many hours of continuing education will you be required to take in order to renew your license at the first renewal? 15 hours of continued education courses a real estate broker in the city of Baltimore must do all of the following except maintain a list of all properties available for sale in their business area. This list shall be available to the public the code of ethics covers a licensee's dealings with all but which of the following? the Real Estate Commission which of the following is a protected class under local fair housing laws but not federal Creed you are currently Affiliated as a sales person with Brand X Realty in Montgomery County. You wish to also go to business as a sales person with a company Y in Ocean City this summer. Which of the following is true? you must receive approval from both brokers and Supply a second license a non-resident application for a salesperson's license must submit which of the following to the commission an irrevocable consent to suits residential listing contracts must be in writing and a copy given to the seller this is known as the statue of fraud the