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