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Practice Of Real EstateLicense LawMEDIUM

Angela is a newly licensed Maryland salesperson who received her license six months ago. Her license is set to expire at the end of the current two-year renewal cycle, which means she has only 18 months of licensure before her first renewal. How many continuing education hours is Angela required to complete before her first renewal?

Correct Answer

C) She must complete the full continuing education requirement applicable to all licensees for that renewal cycle

Under Maryland MREC regulations, newly licensed salespersons are generally required to complete the full continuing education requirement for the renewal cycle in which they are licensed, regardless of when during the cycle they received their license. There is no proration of CE hours based on the portion of the cycle completed. Angela must satisfy the full CE requirement before her first renewal deadline.

Answer Options
A
She is exempt from CE requirements for her first renewal cycle as a new licensee
B
She must complete a prorated number of CE hours based on the months she was licensed
C
She must complete the full continuing education requirement applicable to all licensees for that renewal cycle
D
She must complete only the mandatory topic hours but is exempt from elective CE hours for her first renewal

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Related Topics & Key Terms

Key Terms:

new_licenseecontinuing_educationfirst_renewalMREC

Related Concepts

License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.

Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.

Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.

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