DL/MREC Brokerage Relationships & Disclosures
What's a consumer's #1 complaint about real estate licensees?
According to NAR’s recent Legal Scan, respondents frequently indicated "breach of fiduciary duty." In fact, more than 70% of respondents ranked this complaint among their top three issues.
Knowing what to disclose, when to disclose it, what to keep confidential, and all the other requirements of agency relationships is crucial for a successful and legal real estate practice.
This 3-hour course meets Maryland’s Brokerage Relationships & Disclosures core requirement.
Course Highlights:
- Agency options in Maryland
- Establishing agency in Maryland
- Real estate teams
- Open houses
- Property inspections
- Dual agency
- Intra-company agency
- Scenarios and examples demonstrating fiduciary duties in action
- Activities to reinforce agency concepts
State Requirements For Maryland
Maryland State Requirement Details for Real Estate Continuing Education
Renewal Date: Every two years from the date of original licensure
Hours Required: 15 hours
Brokers and Designated Branch Office Managers or Team Leaders:
RESIDENTIAL Brokers, Branch Office Managers or Team Leaders: 15 hours
- 3.0 Legal & Legislative (A)
- 3.0 Brokerage Relationships and Disclosure (H)
- 3.0 Ethics (D)
- 3.0 Supervision (I)
- 2.0 Fair Housing (C)
- 1.5 elective hours (no duplicates)
Commercial Designation (SOLELY – NO RESIDENTIAL BUSINESS): 15 hours
- 3.0 Legal & Legislative (A)
- 3.0 Brokerage Relationships & Disclosures (H)
- 3.0 Ethics (D)
- 3.0 Supervision (I)
- 3.0 elective hours (no duplicates)
Note: Legislative topic (A), Ethics topic (D), and Brokerage Relationships and Disclosure (H) are required Maryland courses for all licensees.
Maryland Real Estate Commission
Street Address: 100 S. Charles Street, Tower 1 Baltimore, MD 21201
Telephone: 410-230-6200
Fax: 410-962-8483