Riverside Realty Group runs a team within the brokerage. Team leader Agent Chen wants to create yard signs that read only 'The Chen Team — Call 410-555-0100.' The broker's name does not appear anywhere on the sign. Under Maryland advertising regulations, how should this sign be characterized?
Correct Answer
A) Non-compliant, because the sign does not identify the licensed brokerage firm
Maryland MREC regulations require that all real estate advertising, including yard signs, clearly identify the brokerage firm under which the advertising licensee operates. A yard sign displaying only a team name and phone number without the brokerage name (Riverside Realty Group) constitutes a blind ad and violates COMAR 09.11.04.08. Teams are not independent licensed entities under Maryland law.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
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