Maryland Real Estate License Law Flashcards

Law
Terms Definitions
Affiliate
Refers either to a license associate broke or a licensed salesperson
Administrative law
the Maryland Real Estate Commission adopts and enforces regulation to implement the broker act.
Associate Broker
Are individual who have met the educational , experience , and the testing requirement for becoming a real estate broker but who request license that authorize them to provide real estate brokerage service .only under a broker with whom they affiliate as associate broker
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