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Maryland Course: DL/MREC Agency-Residential

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DL/MREC Agency-Residential

3 Total hours
0 Elective hours
3 Mandatory hours
This course meets the 3 required hours for Category H (MREC agency- residential). It has been updated to reflect agency law changes that go into affect on 10/1/2016.

Licensees need to intuitively know what duties they owe to clients and customers, and what duties can be performed without breaching obligations.  Key industry professionals responding to NAR’s recent Legal Scan frequently indicated “breach of fiduciary duty” as the basis for a significant number of current disputes, and over 71% of them ranked the topic among their top three current issues. Knowing what to disclose, when to disclose it, what to keep confidential, and all the other detailed requirements built into agency relationships are crucial for a successful, legal real estate practice. This 3-hour course is designed to meet Maryland’s Residential Agency core requirement. 

Course Highlights

  • Review of agency options in Maryland and how to establish agency relationships
  • Scenarios and examples to ground the fiduciary duties in context
  • Activities to instantly reinforce agency concepts