Maryland License Law (alternative)
Under Maryland law, a salesperson's license is 'inactive' when:
AThe salesperson is on vacation
BThe license is not held by an actively licensed Maryland broker — the licensee cannot perform licensed activities✓ Correct
CThe salesperson does not complete CE in time
DThe licensee earns no commission for 6 months
Explanation
An inactive Maryland real estate license is one not affiliated with an active broker. The licensee cannot perform licensed real estate activities until the license is placed on active status with a broker.
Related Maryland Maryland License Law (alternative) Questions
- A Maryland real estate broker is required to maintain a physical (or electronic) copy of each listing agreement for at least:
- In Maryland, a real estate brokerage firm that closes must ensure:
- In Maryland, which of the following is required for a real estate license application?
- A Maryland real estate company advertises using a logo that resembles the MREC seal. This is:
- Maryland defines 'real estate activity' as including which of the following?
- The Maryland Real Estate Commission consists of how many members?
- A Maryland real estate licensee who has been convicted of a crime involving moral turpitude must report it to MREC within:
- In Maryland, the Real Estate Guaranty Fund provides compensation to consumers who have suffered losses from:
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