Maryland law states: The written consent for dual agency shall include an affirmation that identifies the property and the buyer when the real estate broker or branch office manager is serving as a dual agent and the buyer and seller or lessee and lessor enter into a written contract for sale or for a lease, respectively. Agent Bob frequently asks for clerical support when completing sales contracts. A: No. Fax: (916) 536-4289. We recommend that brokers and managers review office policy with legal counsel to ensure compliance. In Maryland, information about the foreclosure purchaser is required to be recorded in a Foreclosure Registry. If a REALTOR prepares a CMA for a seller or buyer, which sets forth the price range of the property, we highly recommend she keep in her files a copy of the CMA and documentation of the properties used in preparing it. You may download the open house disclosure at: https://www.dllr.state.md.us/forms/mrecopenhouse.pdf. If a sole proprietor broker's license is suspended for 2 years, what affect does that have on the affiliated brokers' licenses? [7-310], Making sure that the purchaser provides the required disclosure to the homeowner if you arranged for the sale or transfer of the residence in default as part of the foreclosure consulting contract. 452, 1. (2) Service, therapy, emotional support or assistance animals are NOT pets and therefore may not be considered as such. (3) Disclose all latent material defects in the property that are known to the licensee. Vicarious liability. (j) Referral to another broker or service provider. What is the primary goal of behavior therapy? Some of the services they might provide are: - Conducting a CMA (Comparative Market Analysis), In what situations can non-licensed staff legally perform discretionary acts? Price-Fixing Agent Bob frequently sends a part-time licensee along on each home inspection. A. Maryland law requires that all advertisements include your name (as listed on your pocket card) and the name of the company with which you are affiliated (not simply the company logo).Both names must be meaningfully and conspicuously placed in the ad.While the phrase "meaningful and conspicuous" may seem subjective, we strongly advise members to use a common sense approach to advertising. Q: Is there a document I can use to help explain Maryland Agency law to my clients? What must I know about the Foreign Buyer Ban? In other words, you must be careful at all times to present a true and accurate picture in your advertising and representations to the public. This person is the sellers intra-company agent. Added by Acts 1997, No. By . In other words, the licensee may assist the non-client in providing such services, but it must be the non-client who ultimately makes all decisions relative to any pre- or post -contract matters. Examples of these acts include but are not limited to: Whether an agency relationship has been created can sometimes be a complex issue. Ministerial Act | Wex | US Law | LII / Legal Information Institute Ministerial acts are typically performed by government officials, such as clerks and notaries public, in the course of their duties. Let's review the different types of antitrust violations: price-fixing, group boycotting, market allocation and tie-in agreements. 1 : of, relating to, or characteristic of a minister or the ministry. What action should a licensee take when providing ministerial acts for a consumer? A) Give a disclosure of non-agency.