Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$69
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
Renewal Requirements

Fraud has become a major issue in the industry. Lawbreakers use real estate as a vehicle to steal the life savings of unsuspecting homeowners and defraud lenders out of millions of dollars for their own gain. Federal, state, and local governments have taken steps to combat real estate fraud, but it remains a major problem—one you need to have a solid understanding of to ensure you're able to shield your clients and yourself from being defrauded or unknowingly committing fraud.

Keeping It Honest: Understanding Real Estate and Mortgage Fraud has been updated to discuss the latest fraudulent schemes and explain recent government initiatives aimed at stopping fraud and protecting consumers.

Course Highlights:

  • Fraud and its impact on the real estate industry
  • The newest and most prevalent types of fraudulent schemes
  • Red flag behaviors that suggest someone is engaging in fraud
  • How to report fraudulent or suspected fraudulent activities to the proper authorities
  • Key government initiatives aimed at stopping fraud and protecting consumers
  • Activities and scenarios to provide real-world context for course content

Package Content:

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

License Renewal Website

License Lookup Website

License Fees

Contact MREC via Email