Maryland License Law (alternative)
Maryland requires all real estate teams to be:
ARegistered as separate brokerages
BOperating under and affiliated with a supervising broker's licensed brokerage✓ Correct
CApproved by MREC as a standalone entity
DLimited to no more than 5 agents per team
Explanation
Real estate teams in Maryland must operate under the supervision of and be affiliated with a licensed brokerage. Teams are not permitted to operate independently as brokerages.
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State-Specific Concepts
License Law
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