A consumer files a complaint with the Massachusetts Board of Registration alleging that a licensed salesperson, Kevin, engaged in an unfair and deceptive practice by failing to disclose a known material defect in a property. After a formal hearing, the Board finds Kevin guilty of the violation. Under Massachusetts law, which of the following sanctions can the Board impose?
Correct Answer
D) The Board can suspend or revoke Kevin's license and impose a fine of up to $5,000 per violation
Under MGL Chapter 112, the Board of Registration of Real Estate Brokers and Salespersons has the authority to suspend or revoke a license and to impose civil administrative fines of up to $5,000 per violation. This fine authority is part of the Board's disciplinary toolkit for substantiated violations of license law and Board regulations.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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