Maryland recognizes which brokerage relationships?
Question & Answer
Review the question and all answer choices
Only seller agency
Option A is incorrect because Maryland recognizes more than just seller agency. The state law explicitly allows for buyer representation and other agency relationships, making this option too narrow and incomplete.
Seller representative, buyer representative, dual agent, and intra-company agent
Transaction broker only
Option C is incorrect because Maryland recognizes multiple brokerage relationships, not just transaction broker relationships. While a transaction broker might be used in certain circumstances, it's not the only recognized relationship.
Facilitator only
Option D is incorrect because Maryland does not limit brokerage relationships to facilitator only. A facilitator role might exist in some states, but Maryland recognizes multiple agency relationships including representation relationships.
Why is this correct?
Answer B is correct because Maryland law specifically recognizes and allows for seller representative, buyer representative, dual agent, and intra-company agency relationships. These are the four legally recognized brokerage relationships in the state.
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