If your license expires on or after October 1, 2016 all licensees will be required to complete 3 hours of MREC- Brokerage Relationship and Disclosure 3 hours. Brokers, Branch Managers and Team Leaders will be required to complete 3 hours of MREC Supervision. The total number of clock hours will not increase. They will remain at 15 hours, but it will consist of 10.5 hours mandatory for salespersons and 13.5 mandatory for brokers, branch office managers and team leaders every renewal period.
Mandatory Hours to include:
* Real Estate Legislative Update — 3 hours
*Maryland Fair Housing — 1.5 hours **(NOTE: Licensees who only do commercial transactions may take Americans with Disabilities Act (ADA).
*Maryland Code of Ethics, Flipping & Predatory Lending— 3 hours
*MREC Brokerage Relationship and Disclosure or MREC – Commercial – 3 hours
*MREC Supervision – 3 hours (for brokers, branch office managers & team leaders)