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Maryland · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 MarylandMaryland advertising must be truthful and not misleading, and a salesperson must advertise only through and in the name of the supervising broker rather than personally. Ads should clearly identify the brokerage so consumers know which licensed firm is responsible. Brokers are responsible for supervising agents' marketing and for maintaining required transaction and trust-account records. These records, including deposits held in escrow, must be kept and made available for MREC review during examinations or investigations.
Yes. State License Law is a scored domain on the Maryland real estate licensing exam, and this topic appears in the state license-law portion.
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Maryland applies its own license law on top of the national portion. This page covers the Maryland rules specifically, which is what the state section of your exam tests.