Module 1 Prelicensing for Real Estate Brokers in Maryland (SELF-PACED)

Module 1: Back to the Basics – Maryland Real Estate Broker Prelicensing | Self-Paced Online

Master the Fundamentals. Think Like a Broker. Prepare for the National Exam.

45-Hour Maryland Broker Prelicensing Course | Module 1 of 3 | Self-Paced Online | MREC & MHEC Approved |

Ready to elevate your real estate career to the broker level? Module 1: Back to the Basics is the first step in your 135-hour Maryland Real Estate Broker Prelicensing journey. This comprehensive self-paced course takes you back to the foundational principles and practices of real estate; but this time from the broker's perspective; preparing you to lead, manage, and operate your own brokerage.

This module provides an in-depth review of the core real estate concepts you'll need to master for the National Portion of the Maryland State Licensing Exam, while building the advanced knowledge required of licensed brokers. Whether you're an experienced salesperson ready to take the next step or preparing for a leadership role in real estate, this course establishes the solid foundation you need to succeed.

In this 45-hour module, you'll gain critical insights into:

• Real estate principles and practices from the broker's perspective
• Property rights, interests, and forms of ownership
• Land description methods and transfer of title
• Real estate contracts and their legal implications
• Agency relationships and fiduciary duties at the broker level
• Real estate financing and government involvement in lending
• Property valuation and appraisal fundamentals
• Fair housing laws and ethical practice requirements

Key Topics Include:

• Introduction to the real estate business and the broker's role
• Real property and the law: rights, interests, and limitations
• Interests in real estate: estates, encumbrances, and liens
• Forms of real estate ownership: individual, co-ownership, trusts, and business entities
• Land description: metes and bounds, rectangular survey, and lot and block
• Transfer of title: deeds, wills, descent, and adverse possession
• Title records: recording, title insurance, and abstract of title
• Real estate brokerage: broker responsibilities and business structures
• Real estate agency: relationships, duties, and disclosures
• Client representation agreements: listing and buyer agency contracts
• Real estate contracts: elements, contingencies, and performance
• Real estate financing: mortgage instruments, loan types, and qualifying
• Government involvement in financing: FHA, VA, and conventional programs
• Closing the real estate transaction: procedures, prorations, and documents
• Real estate taxes and other liens
• Real estate appraisal: approaches to value and the appraisal process
• Leases: types, provisions, and landlord-tenant law
• Fair housing: federal and Maryland protected classes and prohibited practices
• Property management fundamentals
• Land use controls and property development
• Environmental issues in real estate transactions

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Course Format: Self-Paced, Online & Convenient

• 100% online – study from anywhere with an internet connection
• Complete on your schedule – no set class times, no Zoom sessions
• Knowledge checks and quizzes throughout to reinforce key concepts
• Module final exam required to complete (75% passing grade)
• Course materials included in tuition
• Instant access – start immediately after enrollment
• Approved by the Maryland Real Estate Commission (MREC) and Maryland Higher Education Commission (MHEC)

Course Requirements & Policies

To receive credit for this module, you must:

• ✓ Complete all coursework and knowledge checks
• ✓ Pass the Module 1 final examination with a score of 75% or higher

Broker License Eligibility Requirements (per Maryland Business Occupations & Professions Code §17-305):

• Must be at least 18 years of age
• Must be of good character and reputation
• Must have a high school diploma or GED
• Must have been a licensed real estate salesperson and have actively and lawfully provided real estate brokerage services for at least 3 consecutive years immediately prior to applying for the broker exam
• No breaks in licensure during this 3-year period (inactive status, late renewal reinstatements, or suspensions disqualify the consecutive period)
• Must complete the 135-hour MREC-approved Broker Prelicensing Course (includes 3 clock hours in real estate ethics)
• Must pass the Maryland Real Estate Broker State Licensing Exam administered by PSI

Note: If you are qualified to practice law in Maryland, the educational and experience requirements may be waived by the Commission.

Important Program Deadlines:

• ⚠️ All three modules (135 hours) must be completed within 1 year of enrollment in Module 1. If you do not complete all three modules within one year, you will need to start the entire program over.
• ⚠️ Once you complete all three modules and graduate, you have 1 year from your graduation date to pass the PSI State Licensing Exam.

Refund Policy:

• No refunds once course access has been initiated
• Technical issues? Contact us at [email protected] for assistance

Program Costs – Module 1

Registration fee is a one-time charge included in Module 1. Modules 2 and 3 are $430 each. Total program cost for all three modules: $1,370.

Who Should Take This Course?

• Licensed Maryland real estate salespersons who have held an active license for at least 3 consecutive years and are seeking broker licensure
• Experienced agents ready to lead their own brokerage or take on management roles
• Real estate professionals preparing for the National Portion of the Maryland Broker Licensing Exam
• Anyone committed to advancing their career and mastering real estate fundamentals at the broker level

The 135-Hour Maryland Broker Prelicensing Program

This is Module 1 of 3 in the complete broker prelicensing program:

Each module has its own final exam. Upon successful completion of all three module exams, you will receive your certificate of completion and can apply for the PSI State Licensing Exam.

Next Steps After Completing All 3 Modules

1. Receive your final, Module 3 Certificate of Completion – Available in your account under 'My Certificates' (must be printed in color)*
   *You must upload your ID to your profile for verification by our team prior to downloading your certificate.
2. Order your Certificate of Licensure from MREC/DLLR – Order Here (current cost $25, takes approximately one week)
3. Complete the PSI Application – View Application & Instructions
4. Wait for PSI approval – Allow up to 2 weeks for processing; you'll receive an email with instructions to pay and schedule your exam
5. Pass your State Exam within 1 year of your graduation date

This self-paced online broker prelicensing course is approved by the Maryland Real Estate Commission (MREC) and Maryland Higher Education Commission (MHEC). Tristar Academy is an approved real estate education provider in Maryland.