Maryland License Law (alternative)
The Maryland Consumer Protection Act applies to real estate licensees by prohibiting:
ASetting competitive commission rates
BUnfair or deceptive trade practices in real estate transactions✓ Correct
CDual agency in residential transactions
DThe use of buyer-broker agreements
Explanation
Maryland's Consumer Protection Act applies to real estate licensees, prohibiting unfair, abusive, or deceptive trade practices including misrepresentation, omission of material facts, and false advertising.
Related Maryland Maryland License Law (alternative) Questions
- In Maryland, a licensee who is found to have engaged in 'bait and switch' advertising — advertising a property unavailable at the stated price to attract customers — may face:
- 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:
- Maryland pre-license education for a salesperson license requires:
- A Maryland licensee who advertises real estate services on social media must:
- A Maryland real estate brokerage that wishes to operate under a trade name must:
- Under Maryland law, a broker can only operate a branch office if:
- Maryland's BOP Article §17-527 requires a licensed Maryland broker to keep transaction records for at least:
- In Maryland, a broker who receives an offer to purchase a vacant lot (not residential) is still required to:
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