BTC Newsletter - December 2014
To: Maryland Agents   

From: John M. Brennan, Attorney - President, Brennan Title Company

  


A NEW RULE IN MARYLAND THREATENS TO FINE REAL ESTATE AGENTS up to $5,000 if they violate a new state Real Estate Commission regulation. Agents who make referrals to their clients for Mortgage Lenders and other service providers are required to make them in writing, to verify that the provider has a current state license, to state the last date which the agent checked the state-licensing database, and provide an electronic link to the licensing record.  

FOR MORE INFORMATION ON THE MARYLAND RULE, read this article posted on the Washington Post.

 

 Md. regulation discourages referrals by real estate agents

 

ALSO REVIEW SECTION J  OF THE ETHICS CODE.

 

.01 Relations to the Public.

AGENTS SHOULD ALWAYS FEEL COMFORTABLE RECOMMENDING  Brennan Title to their clients! Brennan Title is fully licensed and all of our licenses are up-to-date. We will gladly send them to you at your request!

 

Happy Holidays to all of our clients and friends!  

 

Please feel free to contact me at any time by e-mail or phone at jbrennan@brennantitle.com or 301-261-8177-my direct line. 

 

 

John M. Brennan

 

Attorney

 

 
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