Maryland License Law (alternative)
Under Maryland law, a licensed salesperson who receives an earnest money deposit must:
AHold it in their personal account until closing
BDeliver it to their supervising broker promptly✓ Correct
CDeposit it in the buyer's bank account
DForward it directly to the title company
Explanation
A Maryland salesperson must promptly deliver any earnest money received to their supervising broker, who is responsible for depositing it in a proper escrow account.
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