Maryland Continuing Education COURSE
DL/Maryland Contracts (Course Topic: J)
The state of Maryland has been referred to as "America in miniature" since the natural terrain of the state's layout stretches from the Atlantic Ocean to the Appalachian Mountains. The Chesapeake Bay cleaves the state into two distinct areas: the Eastern Shore and the Western Shore. What does this short geography lesson mean in terms of real estate? The diversity in natural resources and wonders, along with the state's historic heritage, lends itself to a variety of contract needs. And the Maryland Association of REALTORS® and associated local boards deliver. A plethora of contract types are available to fit a range of transactions that help transaction parties—and their agents—avoid various potential pitfalls.
This three-hour course equips Maryland real estate licensees with a thorough understanding of the Maryland REALTORS® contract forms and how to write these contracts, preparing licensees to better serve their clients' needs.
Course highlights include:
- A paragraph-by-paragraph review of the Maryland REALTORS® residential contract of sale
- Common contingencies and addenda
- Financing contingencies
- Practice in determining how to write a contract