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Maryland Salesperson Exam Prep Edge Free Assessment for MD Real Estate Exam PrepBelow are free Maryland real estate practice exam questions that will closely resemble your licensing exam. Review these questions and see what you know! The answers are provided beneath the question set. 2. Which of the following is a true statement about possible penalties imposed by the commission for a violation of the Maryland Code of Ethics?
3. " Which of the following is NOT cause for the Maryland Real Estate Commission to summarily suspend a licensee’s real estate license?"
4. Which of these is NOT a power of the Maryland Real Estate Commission?
5. Which of the following scenarios depicts the illegal handling of trust funds in Maryland?
6. Which of these licensees is correctly following MREC guidelines for hosting an open house?
7. In Maryland, how often must real estate salespersons renew their license?
8. When must an agent disclose an agency relationship to an unrepresented transaction party?
Answers: 1. D, 2. C, 3. A, 4. B, 5. C, 6. C, 7. B, 8. B For a more comprehensive view into the types of questions you can expect on the exam, sign up for our free assessment. You’ll have the chance to review a 99-question real estate practice exam at no cost to you. Note that answers are only provided upon purchasing Exam Prep. If you’re ready to feel confident about your upcoming licensing exam, you can purchase our Maryland real estate Exam Prep package. By purchasing one of our packages, you not only get to see the results from your free assessment, but you’ll also have access to an innovative Exam Prep Edge program that will put you in the best position to pass your test the first time around. Here's What You Need to Know About Your Free AssessmentWhat is it?Your free assessment consists of access to the Exam Prep Edge initial assessment exam that will give you immediate feedback on the topics you’ve mastered and the ones you still need to work on. Note that you’re required to purchase the program before you’re able to access the study materials or unlimited practice exams. What do I need to do?It's simple. Choose the program you want to try, sign up, and you're ready to get started. We won't even ask for credit card information until you're ready to buy. Will my progress be saved?Yes! The score from your free assessment will be saved. When you purchase the program, your progress will seamlessly transfer and you can pick up right where you left off. What will it cost me?Nothing at all! When we say free, we really mean it. Getting your real estate license is an investment and we want to show you how committed we are to helping you pass your exam. Take it for a test drive - you won’t be disappointed. Ready to buy? Am I obligated to purchase by signing up?Nope! We want you to be completely satisfied with Exam Prep Edge. You're not obligated to anything if you don't want to buy. What happens when my free trial ends?When you complete your free assessment, your program will be locked until you decide to purchase. If you like the program, you can purchase at any time. Get started! Questions?Live ChatClick here to chat now. Phone888.827.0777 Which of the following is not true regarding compensation and Maryland licensees?Which of the following is NOT true regarding compensation and Maryland licensees? Licensees may not accept compensation from more than one transaction party without all parties' knowledge.
What is the highest amount you can be fined by the Maryland Real Estate Commission for a serious violation?The most severe punishment will involve the revocation of a real estate license and a large fine in excess of $10,000. This might happen when a Maryland real estate broker collects rental income on behalf of his client, but fails to disburse the money to the client.
Which of the following is a true statement about possible penalties imposed by the Commission for a violation of the Maryland Code of Ethics?Which of the following is a true statement about possible penalties imposed by the commission for a violation of the Maryland Code of Ethics? The commission may reprimand, impose fines, suspend and revoke licenses, but it may not impose prison sentences.
Which type of listing is illegal in some states due to its inherent conflict of interest?Net listings are illegal in some states due to their inherent conflict of interest. Who does the agent assisting the buyer in a transaction represent if there's no buyer agency agreement? Without a buyer agency agreement in place, the agent assisting the buyer actually represents and owes loyalty to the seller.
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