Maryland Regulatory Environment Flashcards
What is the term of a Maryland Real Estate Commissioner?
5 years
How many members are on the Maryland Real Estate Commission?
9
Laws and regulations related to real estate licensing are enforced by the
Real Estate Commission.
If the racial stability of an area is threatened by the volume of real estate transactions, the Real Estate Commission may
Declare the area a real estate conservation area.
A disciplinary order may be appealed to the
Circuit Court
Penalties collected by the Real Estate Commission must be
Placed in the General Fund of the State
The Maryland Real Estate Commission consists of
5 real estate licensees and 4 consumers
Who conducts real estate licensee disciplinary hearings?
Real Estate Commission and the Office of Administrative Hearings
The Maryland Code of Ethics for real estate is adopted by the
Real Estate Commission