III. Assumptions. (Identified by Impact Letter and Number from
F. An applicant who does not pass the licensing examination within 1 year of completion of a prelicensing course must retake that
course. The cost of a prelicensing course ranges from $99 to $250. There will be no additional costs for applicants who successfully
complete the examination within the required time period.
Economic Impact on Small Businesses
The proposed action has minimal or no economic impact on small businesses.
Impact on Individuals with Disabilities
The proposed action has no impact on individuals with disabilities.
Opportunity for Public Comment
Comments may be sent to Katherine Connelly, Executive Director, Real Estate Commission, 500 N. Calvert Street, 3rd Floor,
Baltimore, MD 21202, or call 410-230-6227, or email to email@example.com, or
fax to 410-333-0023. Comments will be accepted through December 17, 2012. A public hearing has not been scheduled.
Final action on the proposal will be considered by the Real Estate Commission during a public meeting to be held on January 16, 2012,
at 10:30 a.m., at 500 N. Calvert Street, 3rd Floor, Baltimore, MD 21202.
.11 Instruction in Real Estate Principles and Practices for Salespersons.
A. (text unchanged)
B. The minimum 60 clock-hour educational requirement [effective
October 1, 1998,] for a salesperson [,] shall embrace the following
areas of study:
(1) — (15) (text unchanged)
C. — F. (text unchanged)
[G.] (proposed for repeal)
G. Completion of Examination.
(1) Subject to §G(2) and (3) of this regulation, an applicant for
a salesperson’s license shall have 1 year from completion of a prelicensing education course to pass both portions of the
salesperson licensing examination. An applicant who does not pass both portions of the licensing examination within 1 year of the course
completion date must complete a new prelicensing course in order to be eligible to take or retake the examination.
(2) An applicant who has completed a prelicensing course
more than 1 year prior to March 1, 2013, must pass both portions of the salesperson licensing examination no later than August 31, 2013,
in order to avoid the need to complete a new prelicensing course.
(3) An applicant who has completed a prelicensing course less
than 1 year prior to March 1, 2013, must pass both portions of the salesperson licensing examination within 1 year of the course
completion date to avoid the need to complete a new prelicensing course.
J. NICHOLAS D‘AMBROSIA
Real Estate Commission