2012 Legislative Priorities
Property Tax Reform, Foreclosure Task Force, Sustainable Growth and Septic Systems, PlanMaryland, Transfer Taxes on Foreclosed Properties and Possible Sales Tax Increases.
For more information on these issues that affect you, see the 2012 Legislative Preview in the Members Only section.
Deposits, Teams and Disclosures - Know the Law
Immediate Attention Required: Return of Earnest Money Deposit Advisory
- Effective October 1, 2011
The Maryland Real Estate Commission has announced a new advisory regarding the return of earnest money deposits by real estate brokers in residential real estate transactions where the property is located in a HOA or is a condominium. Article >>
The 2010 Maryland General Assembly passed new legislation which will impose numerous rules and regulations applicable to the operation of teams and groups within a real estate brokerage office.
Al Monshower explains a real estate licensee's obligation to complete and provide the required agency disclosure form at open houses or when showing property. Recent interpretation of this required disclosure by the Maryland Real Estate Commission is quite significant and has a direct and immediate impact upon all REALTORS®.
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