Which of the following is NOT a cause for the Maryland Real Estate Commission to summarily suspend a licensee's real estate 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 option indicating that a licensee's failure to disclose personal interest in a transaction is not a cause for the Maryland Real Estate Commission to summarily suspend a licensee's real estate license is accurate. This scenario typically involves matters of ethics and may lead to disciplinary action, such as fines or license sanctions over time, but it does not usually warrant immediate suspension without due process.

In contrast, the other circumstances listed represent significant breaches of conduct or legal requirements that could jeopardize the integrity of real estate practices and the interests of clients. For instance, being convicted of a felony indicates serious legal issues that undermine the trust required in the real estate profession. Similarly, failing to promptly account for trust funds or provide necessary trust fund account records indicates a lack of responsibility and potential mismanagement of client funds, which can be cause for immediate intervention by the commission to protect consumers and maintain regulatory standards in the industry.

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