Maryland License Law (alternative)
A Maryland broker who allows a salesperson to operate without a license after it expires is:
AOnly liable if a complaint is filed
BIn violation of Maryland law and may face MREC disciplinary action✓ Correct
CProtected if the salesperson was renewing their license
DOnly responsible if the transaction closes
Explanation
Brokers are responsible for ensuring all affiliated licensees maintain current valid licenses. Allowing an expired licensee to practice violates Maryland law and exposes the broker to discipline.
Related Maryland Maryland License Law (alternative) Questions
- Maryland's BOP Article §17-527 requires a licensed Maryland broker to keep transaction records for at least:
- Under Maryland law, a licensed salesperson who receives an earnest money deposit must:
- The Maryland Real Estate Education and Training Fund is funded by:
- Maryland's reciprocity statute requires that out-of-state applicants for a Maryland license have:
- A Maryland real estate licensee who has been convicted of a crime involving moral turpitude must report it to MREC within:
- A Maryland real estate licensee who operates a team must ensure that all team advertising:
- A Maryland licensee who is declared bankrupt must report this to:
- In Maryland, a licensee who receives a consumer complaint through MREC has the right to:
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