Maryland License Law (alternative)
MREC may impose which of the following as a disciplinary sanction against a Maryland licensee?
ACriminal imprisonment directly
BReprimand, fine, probation, suspension, or revocation of license✓ Correct
CMandatory real estate transaction reversal
DPersonal liability for a buyer's losses from the transaction
Explanation
MREC's disciplinary toolkit includes letters of reprimand, monetary fines, probationary periods, license suspension, and license revocation, depending on the severity of the violation.
Related Maryland Maryland License Law (alternative) Questions
- Maryland's continuing education must include a minimum number of hours focused on:
- A Maryland licensee who practices without completing required continuing education is subject to:
- Under Maryland's BOP §17, a real estate licensee's duty of confidentiality to a client prevents disclosure of:
- A Maryland broker who wants to own and operate their own real estate company must first obtain a:
- In Maryland, a real estate licensee who accepts compensation from the seller and a fee from the buyer in the same transaction without disclosure to both parties is:
- Under Maryland law, a licensed salesperson who receives an earnest money deposit must:
- In Maryland, a broker who receives an offer to purchase a vacant lot (not residential) is still required to:
- A Maryland real estate licensee who operates a team must ensure that all team advertising:
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