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PARRIS N. GLENDENING, Governor H.B. 52
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B. THE MARYLAND ASSOCIATION OF REALTORS; OR
C. THE REAL ESTATE BROKERS OF BALTIMORE, INC.; OR
4. IS LICENSED AS A REAL ESTATE APPRAISER UNDER TITLE
16 OF THIS ARTICLE.
(3) A LICENSEE HOLDING A LICENSE FROM ANOTHER STATE MUST
COMPLETE AT LEAST 15 CLOCK-HOURS OF CONTINUING EDUCATION INSTRUCTION
DURING EACH 2-YEAR LICENSE TERM AND MAY SUBSTITUTE CLOCK HOURS OF
CONTINUING EDUCATION INSTRUCTION EARNED IN ANOTHER STATE, IF THOSE
CLOCK HOURS:
(I) ARE APPROVED AS REAL ESTATE CONTINUING EDUCATION IN
THAT STATE; AND
(II) MEET THE DISTRIBUTION REQUIREMENTS OF SUBSECTION
(B)(2) OF THIS SECTION.
(4) THE COMMISSION SHALL GRANT THE SUBSTITUTION OF CLOCK
HOURS IN PARAGRAPH (3) OF THIS SUBSECTION ONLY IF THE OTHER STATE PERMITS
THE SUBSTITUTION OF CLOCK HOURS OF CONTINUING EDUCATION INSTRUCTION
APPROVED BY THE COMMISSION FOR A LICENSEE OF THIS STATE.
(b) (1) The Commission shall approve the form, substance, and, as provided
under paragraph (2) of this subsection, subject matter of all continuing education
courses.
(2) The subject matter approved by the Commission shall:
(i) relate to real estate OR TO A SUBJECT MATTER INTENDED TO
ASSIST A LICENSEE IN PROVIDING REAL ESTATE BROKERAGE SERVICES TO THE
PUBLIC IN A MORE EFFICIENT AND EFFECTIVE MANNER INCLUDING COURSES
APPROVED BY THE COMMISSION INTENDED TO ASSIST A LICENSEE IN PROVIDING
REAL ESTATE BROKERAGE SERVICES TO THE PUBLIC;
(ii) every 2 years, include at least one 3-hour 3 CLOCK HOUR course
that outlines relevant changes that have occurred in federal, State, or local laws and
regulations, or any combination of those laws and regulations; [and]
(iii) every 2 years, include at least one 1.5 clock hour course that
outlines federal, State, and local fair housing laws and regulations, including fair
housing advertising; AND
(IV) EVERY 2 YEARS, INCLUDE AT LEAST ONE 3 CLOCK HOUR
COURSE IN REAL ESTATE ETHICS COURSE THAT INCLUDES THE MARYLAND CODE OF
ETHICS AND A DISCUSSION OF THE PRACTICES OF FLIPPING AND PREDATORY
LENDING.
(3) The EXCEPT FOR THE requirement, of paragraph (2)(iii) of this
subsection does not apply to, a licensee who provides real estate brokerage services
solely in connection with nonresidential real estate MAY SATISFY CONTINUING
EDUCATION REQUIREMENTS AND RENEW A LICENSE FOR THE NEXT FULL TERM BY
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- 4953 -
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