Agency
Agency Practice Question
In Maryland, the Understanding Whom Real Estate Agents Represent disclosure must be provided:
A
At closingB
At first scheduled face-to-face contactC
Only if requestedD
After contract signingExplanation
Maryland requires disclosure at the first scheduled face-to-face meeting with a prospective buyer or seller.
More Agency Questions
A fiduciary relationship exists between:
Which duty requires an agent to keep the principal informed of all material facts?
Dual agency occurs when:
An agent who exceeds the authority granted by the principal:
A broker who represents both the buyer and seller in the same transaction without the knowledge and consent of both parties is practicing:
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