Who appoints members to the Maryland real estate commission? A. The State Senate
B. The house of Delegates
C. The executive director of the Commission
D. The governor of Maryland - correct answer Answer: The governor of Maryland
Which of the following is true concerning the Maryland Real Estate Commission?
A. Its members are representative brokers from real estate boards or associations through Maryland
B. It has 5 members
C. It has 4 professional and 5 consumer members
D. 3 out of its members are not real estate licensees and 5 are - correct answer Answer: 3 out of its members are not real estate licensees and 5 are
What must be included in advertising by a broker?
A. the name of the broker's Realtor board or association or Realtist organization
B. The legal name of the licensed real estate broker C. the designated name of that broker as registered with the Commission D. the name of the licensee who listed the property - correct answer Answer:
the designated name of that broker as registered with the commission
Which of the following is NOT required in advertising for a team? A. The advertisement must follow branch office and company wide requirements
B. The advertisement must contain the name of at least one licensee on the team C. The advertisement must contain the name of the team leaser
D. the advertisement must include the phone number of the office out of which
the team works - correct answer Answer: the advertisement must contain the
name of the team leaser
Whom may use a listing agreement form published by a multiple listing service?
A. any licensee
B. any broker or salesperson licensed by the Commission C. any members of any board or association of Realtors
D. Any licensed member of the organization that operates that listing system - correct answer Answer: any licensed member of the organization that operates that listing system
brokers are not required to notify the commission when A. changes occur in the names of their firms B. a salesperson resigns