Which of the following is NOT a cause for the Maryland Real Estate Commission to summarily suspend a license?

Prepare for the Maryland Real Estate License Test with flashcards and multiple choice questions, each offering helpful hints and explanations. Get ready to ace your exam!

The correct choice indicates a scenario that does not warrant summary suspension by the Maryland Real Estate Commission. In Maryland, failure to disclose a personal interest in a transaction is more of an ethical obligation rather than a direct violation that would lead to a suspension of a real estate license. While disclosures are critical for maintaining transparency and trust in real estate transactions, especially to avoid conflicts of interest, failing to do so does not immediately jeopardize the integrity or safety of the transactional environment to the same extent as the other options.

On the other hand, being convicted of a felony, failing to promptly account for trust funds, and failing to provide trust fund records are serious breaches of conduct that have immediate implications for the protection of consumers and the financial integrity of transactions. These factors can compromise the trust and safety of the real estate profession, leading to a need for immediate action by the commission to safeguard the public interest, thus justifying a summary suspension of the license.

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