PSI MD State Exam Questions With Complete Solutions
Actions by Commission on a Claim Correct Answers -
Forward copies to licensees and/or unlicensed employees
(responsible) and brokers.
- Written response, within 10 days, from individuals concerning
the allegations set in the claim.
- Review claim or any responses to the claim
- Conduct an investigation
Advertising Telephone Numbers and Email Addresses Correct
Answers Associate brokers or salesperson may not use their
individual numbers or email addresses ---unless the identified
number of the broker or branch office manager appears in the
advertisement
Antidiscrimination Requirement Exceptions Correct Answers -
Individuals selling or renting a single family dwelling, without
the assistance of a real estate professional
-Owners-occupant of single family principle residence
rejections, for rooms, based on sex, marital status, and/or sexual
orientation.
- An owner of a building five or fewer rental units who occupies
one of those units
Appeals Correct Answers Licensees who disagree with the
final decision of the Commission may _______ to the circuit
court.
, - Upon ________, the court may not set a bond to exceed
$50,000 and the stay of the suspension or revocation
Associate Broker Licensure Requirements Correct Answers
The same as the broker requirements.
* Applicant must obtain written commitment from a licensed
real estate broker to accept the applicant as an associate broker.*
Beneficial Owner Correct Answers The owner of the earnest
money is the purchaser/buyer. While the _______________ is
the seller.
Branch Manager Correct Answers Responsible om supervising
the professional real estate activities of associate brokers and
salespersons registered to their offices on in their professional
teams.
Branch Office Manager Correct Answers Charged with the
responsibility to supervisor the professional real estate activities
of associate brokers and salespersons.
Broker Licensure Requirements Correct Answers - Good
character, reputation and 18+
- Completed 135hr. course in real estate --- including 3hr. of real
estate ethics.
- Actively licensed salesperson for 3 years
- Passed the broker pre-licensing exam.
Actions by Commission on a Claim Correct Answers -
Forward copies to licensees and/or unlicensed employees
(responsible) and brokers.
- Written response, within 10 days, from individuals concerning
the allegations set in the claim.
- Review claim or any responses to the claim
- Conduct an investigation
Advertising Telephone Numbers and Email Addresses Correct
Answers Associate brokers or salesperson may not use their
individual numbers or email addresses ---unless the identified
number of the broker or branch office manager appears in the
advertisement
Antidiscrimination Requirement Exceptions Correct Answers -
Individuals selling or renting a single family dwelling, without
the assistance of a real estate professional
-Owners-occupant of single family principle residence
rejections, for rooms, based on sex, marital status, and/or sexual
orientation.
- An owner of a building five or fewer rental units who occupies
one of those units
Appeals Correct Answers Licensees who disagree with the
final decision of the Commission may _______ to the circuit
court.
, - Upon ________, the court may not set a bond to exceed
$50,000 and the stay of the suspension or revocation
Associate Broker Licensure Requirements Correct Answers
The same as the broker requirements.
* Applicant must obtain written commitment from a licensed
real estate broker to accept the applicant as an associate broker.*
Beneficial Owner Correct Answers The owner of the earnest
money is the purchaser/buyer. While the _______________ is
the seller.
Branch Manager Correct Answers Responsible om supervising
the professional real estate activities of associate brokers and
salespersons registered to their offices on in their professional
teams.
Branch Office Manager Correct Answers Charged with the
responsibility to supervisor the professional real estate activities
of associate brokers and salespersons.
Broker Licensure Requirements Correct Answers - Good
character, reputation and 18+
- Completed 135hr. course in real estate --- including 3hr. of real
estate ethics.
- Actively licensed salesperson for 3 years
- Passed the broker pre-licensing exam.
