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
Effective 10/1/2023 -All first time licensees who were issued an initial real estate associate broker or salesperson license on or after 10/1/23, the subject matter of continuing education courses is different. Please click here to be redirected to the correct page for first time renewals.
SUBSEQUENT RENEWALS - subsequent renewal licensees are required to complete the following:
RESIDENTIAL Salespersons and Associate Brokers: 15 hours
- 3.0 Legal & Legislative (A)
- 3.0 Brokerage Relationships and Disclosure (H)
- 3.0 Ethics (D)
- 2.0 Fair Housing (C)
- 4.5 Electives
COMMERCIAL Designation (SOLELY - NO RESIDENTIAL BUSINESS) Salespersons and Assoc. Brokers: 15 hours
- 3.0 Legal & Legislative (A)
- 3.0 Brokerage Relationships and Disclosure (H)
- 3.0 Ethics (D)
- 6.0 Electives
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