Maryland Legal Update

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

Staying up to date on the law is vital to your career. First-time homebuyers are new to the real estate game completely, and people selling their homes may not have given real estate a second thought for 20 or 30 years. The ability to discuss new legislation, speak plainly with hesitant consumers, and thoroughly understand how state and local laws affect the industry impacts how you think, act, and speak about real estate, no matter the consumers’ level of experience.

 

This course covers recent Maryland laws and amendments that passed in the 2020 and 2021 legislative sessions, and pays particular attention to laws that relate to the real estate industry and your everyday real estate practice, ensuring that your knowledge of the law is as up-to-date as possible, and that you’re equipped to identify how new legislation can benefit your clients and customers.

 

Course Highlights:

  • The Maryland Real Estate Commission’s mission, powers, and duties, and authority
  • Home Builder Guarantee Fund award limits
  • Lien priority
  • License reciprocity
  • Signage penalties
  • Additional fair housing protections in Maryland
  • Ethics and professionalism components to continuing education
  • Recent laws regarding sink holes and septic inspections
  • Tax credits for persons with disabilities, those who engage in historic revitalization, and other consumers
  • The Housing Opportunities Made Equal Act
  • Amendments to common interest community declarations and governing documents
  • Recording of easements and CC&Rs
  • Other recent landlord-tenant laws in Maryland

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

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

Telephone410-230-6200

Fax410-962-8483

License Renewal Website

License Lookup Website

License Fees

Contact MREC via Email