Maryland Real Estate Practice & Law

This text is a premier source for current and detailed information on Maryland prelicensing requirements. Students will receive updated information in this new edition, including new guidance from the Commission on short sale transactions, a clarification of the requirements for real estate advertising by licensees, an updated table of the protected categories, new rules about returning earnest money, the latest statutory process for converting manufactured homes to real property, and recent updates to rules for obtaining, renewing, and reactivating a real estate license. Review questions with answer keys and a practice exam are also included.

CONTENTS:

Maryland Real Estate License Law and Related Regulations
Real Estate Agency
Real Estate Brokerage
Listing Agreements and Buyer Representation Agreements
Interests in Real Estate
How Ownership Is Held
Legal Descriptions
Real Estate Taxes and Other Liens
Real Estate Contracts
Transfer of Title
Title Records
Real Estate Financing
Leases
Environmental Issues and Real Estate Transactions
Fair Housing
Closing the Real Estate Transaction
Appendix A: Maryland Real Estate License Examinations
Appendix B: Practice Exam
Appendix C: Complaint Procedure
Appendix D: Maryland Real Estate-Related Web Sites
Appendix E: Documentation Required in Maryland Residential Real Estate Sales Transactions
Appendix F: Recent Changes to Title 17, Maryland Real Estate Brokers Act
Answer Key
Index