Keeping it Honest: Understanding Real Estate and Mortgage Fraud
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
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