MD RE Broker study plan
MD RE Broker · Give each week a clear focus.
8 weeks · About 6 hours per week
Maryland Real Estate License Law, Regulations, and Commission Operations
Map the Maryland Real Estate Commission's structure, statutory authority, and rulemaking role, then diagram how licensee discipline flows from complaint to final order.
Outline the licensing pathways (salesperson, associate broker, broker) including experience, education, and examination prerequisites, and note where broker supervision duties attach.
List the required disclosures, advertising rules, and recordkeeping duties that appear most often in Commission enforcement actions.
Build a one-page table of Maryland-specific penalties, hearing rights, and appeal routes for license violations.
Your checkpoint
A two-page annotated outline of Domain 1 with a 20-item self-quiz and answer key covering licensing, discipline, and Commission operations.
Maryland Real Estate License Law, Regulations, and Commission Operations & Brokerage Practice, Agency Relationships, and Disclosures
Distinguish the Maryland agency relationship types (single agency, dual agency, designated agency) and state the written consent each requires.
Explain fiduciary duties and how they shift when a broker represents both sides or designates intra-office agents.
Draft sample disclosure language a Maryland broker would deliver at first substantive contact and at dual agency consent.
Compare Maryland agency rules against common-law agency concepts to spot exam traps around undisclosed dual agency.
Your checkpoint
A side-by-side agency disclosure comparison chart plus three written sample disclosures ready for client delivery.
Listing and Buyer Representation Agreements, Advertising, and Records & Brokerage Business Management, Supervision, and Fair Housing Compliance
Compare exclusive right to sell, exclusive agency, and open listing agreements on commission exposure, termination, and Maryland-required terms.
Identify advertising rules including team names, licensee identification, and internet/social media advertising compliance.
Specify brokerage record retention requirements, transaction file contents, and how long records must be kept.
Draft a supervisory checklist a managing broker would use to audit agent advertising and transaction files.
Your checkpoint
A transaction-file and advertising compliance checklist with a sample listing agreement annotated for required Maryland terms.
Trust Accounts, Funds Handling, and Settlement Statements & Real Estate Calculations and Problem Solving
Classify funds as trust versus non-trust and identify when earnest money must be deposited and where it may be held.
Reconcile a sample trust account ledger and detect shortages, commingling, or misposted disbursements.
Compute commission splits, referral fees, and net-to-seller figures from a settlement statement.
Solve proration problems for taxes, rent, and utilities using the actual/365 and 30-day methods.
Your checkpoint
A completed practice settlement statement with reconciled trust ledger and a 15-problem calculation set showing all work.
Ownership, Estates, Liens, Encumbrances, and Title Transfer
Differentiate freehold estates, leasehold estates, and concurrent ownership forms recognized in Maryland, including tenancy by the entirety.
Trace how title passes by deed, inheritance, and operation of law, and identify deed elements required for valid conveyance.
Rank liens by priority and distinguish general from specific liens, including mechanic's lien and tax lien treatment.
Explain easements, encroachments, and other encumbrances by type and effect on marketable title.
Your checkpoint
A title-and-estates reference sheet with 10 scenario questions on lien priority, deed validity, and encumbrance classification.
Contracts, Financing, and Transaction Disclosures
Identify contract elements, statute of frauds requirements, and Maryland disclosure obligations triggered during a transaction.
Compare financing instruments and loan types, and explain how financing contingencies and appraisal outcomes affect enforceability.
List required seller and agent disclosures, including latent defect and material fact duties, and when each must be delivered.
Analyze remedy scenarios: specific performance, earnest money forfeiture, and rescission rights.
Your checkpoint
A contract-and-financing decision tree plus a disclosure timing table covering pre-contract, pre-closing, and post-closing obligations.
Land Use, Zoning, Environmental Issues, and Property Valuation & Brokerage Business Management, Supervision, and Fair Housing Compliance
Explain zoning classifications, nonconforming use, variance, and special exception processes in Maryland jurisdictions.
Identify environmental issues affecting value and disclosure, including wetlands, lead-based paint, and floodplain considerations.
Apply the three appraisal approaches and reconcile value indications for a sample property.
Outline fair housing protected classes under federal and Maryland law and recognize steering, blockbusting, and discriminatory advertising.
Your checkpoint
A land-use and valuation worksheet with one reconciled appraisal problem and a 10-item fair housing violation identification exercise.
Maryland Real Estate License Law, Regulations, and Commission Operations & Brokerage Practice, Agency Relationships, and Disclosures & Trust Accounts, Funds Handling, and Settlement Statements
Re-drill the highest-weight domains through timed mixed practice sets and log every missed concept by domain.
Re-teach weak areas using your own outlines, then restate each rule in one sentence without notes.
Simulate full-length timed conditions and practice pacing across 110-130 question blocks.
Finalize a one-page formula and rule sheet for last-day review.
Your checkpoint
Two completed timed practice exams with a scored error log and a finalized one-page formula and rule sheet.
Milestones
Week 2: Score at least 75% on a 30-question mixed set drawn only from Domains 1 and 2, and explain dual agency consent from memory without notes.
Week 4: Reconcile a trust ledger and complete a settlement statement with zero arithmetic errors, and score 80% or better on the 15-problem calculation set.
Week 6: Score at least 75% on a 40-question mixed set across Domains 5 and 6, and correctly classify all lien-priority and disclosure-timing items.
Week 8: Score 80% or higher on two full-length timed practice exams, with no single domain below 70% and all logged errors re-taught.