|Duration||3 Hour Class|
|Includes||Handouts and Discussion|
Published 09/30/2018 07:15am English
This is a mandatory agency course for licensees. The course provides an analysis of agency creation in real estate transactions, different types of agency representations, the agent’s common law duties, the concept of sub-agency, disclosed dual agency, undisclosed dual agency, remedies for breach of fiduciary duties, obligations to non-principals, the abolition of the caveat emptor law in Maryland, and termination of agency.
The participants’ understanding of the agency relationship in real estate transactions is enhanced by an in-depth consideration of all the relevant regulatory interventions that govern this subject. The course will also discuss the recent development relating to the agency relationship under Maryland law. The course will also discuss the Real Estate Commission’s license renewal policy which commenced after October 1, 2015.
The participants will receive the requisite 3 hours course credit upon the completion of the course.
This class is for Real Estate Salesperson and Associate Brokers looking to fulfill their license renewal requirements for Maryland.