Maryland Ethical Practices & Fair Housing

Question 1

Which of the following is permitted by Maryland’s Fair Housing laws?

Answer 1

Refusal to rent to a couple because of their financial status

Question 2

A sign giving notice that a property is for sale requires

Answer 2

The property owner’s consent.

Question 3

Which of the following is NOT a protected class under Maryland’s Fair Housing Act?

Answer 3

Employment status

Question 4

Maryland’s housing discrimination law is enforced by the

Answer 4

Maryland Commission on Civil Rights.

Question 5

What type of agency relationship must not be interfered with by other licensees during its term, according to Maryland’s Code of Ethics?

Answer 5

An exclusive listing

Question 6

All real estate documents

Answer 6

Must be signed by a licensee

Question 7

When a real estate salesperson is preparing a competitive market analysis which includes property in which the salesperson has an interest, then the salesperson must

Answer 7

Disclose the interest to the client

Question 8

A real estate licensee must be informed on

Answer 8

Current market conditions.

Question 9

For the protection of all parties a real estate licensee must ensure that all financial obligations relating to the real estate transaction are

Answer 9

In writing

Question 10

When may a licensee accept compensation from more than one party to a transaction?

Answer 10

When all parties have full knowledge that compensation is being paid by more than one party