Maryland License Law (alternative)
The Maryland Real Estate Education and Training Fund is funded by:
AFederal grants
BA portion of license fees paid by licensees✓ Correct
CPrivate real estate firm contributions
DCounty property transfer taxes
Explanation
The Maryland Real Estate Education and Training Fund is funded by a portion of license fees, used to support continuing education and professional development for Maryland licensees.
Related Maryland Maryland License Law (alternative) Questions
- Maryland requires all real estate teams to be:
- Which of the following individuals is required to hold a Maryland real estate license?
- 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:
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- An out-of-state broker who wants to refer a Maryland buyer to a Maryland broker in exchange for a referral fee:
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- A Maryland licensee who acts as a principal in a real estate transaction (buying or selling for their own account) must:
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