SCHOOL CATALOG

PROGRAM :

60 clock hours of instruction are required for the Principles and Practices of Real Estate for Salespersons program in order to prepare for the Maryland Real Estate Examination. All classes are comprised of lecture. There are no requirements for lab, clinical or externship.

ENTRANCE REQUIREMENTS :

Applicant must be at least 18 years of age, a valid drivers license or passport must be presented and show proof of a high school diploma or equivalent. Criminal convictions may affect a students ability to be licensed, certified or registered.

PROGRAM COSTS :
Administrative Fee: $25.00, Tuition: 255.00, Book and supply fee: $95.00
Total Cost : $375.00

METHODS OF PAYMENT: Money order, check and credit card only. There is a one time fee of
$10.00 for use of a credit card.

REFUND POLICY :

There is a Seven-Day (7) Cancellation Period.
All fees paid by a student shall be refunded if the student chooses not to enroll in or to withdraw from a school within seven (7) calendar days after having signed a contract. If the school closes or discontinues the program, the student shall be issued a full refund within thirty (30) days. If the student chooses not to enroll after the seven (7)day cancellation period, but before the first day of instruction, the school may retain the administrative fee.  The date of withdraw or termination is the last date of attendance. Textbooks and materials issued to the student are non-refundable. If a student withdraws and later wishes to re-enroll a new administrative fee shall be charged. If after an official leave of absence , a student does not return to the program, a refund shall be based on date of withdraw and paid within sixty (60) days from last schedule day of the leave of absence.

SCHEDULE OF CLASSES :

Classes will be offered Monday and Wednesday evening, 6:00 pm – 9:00 pm. The total program consists of six (6) hours per week for ten (10) weeks for a total of 60 clock hours.

Classes will be offered Monday, Wednesday and Friday, 9:30am  – 4 pm. The total program consists of eighteen (18) hours per week for 10 days for a total of 60 clock hours.

The Maryland Real Estate Academy will adhere to a calendar of holidays as follows: New Years Day, Memorial Day, July 4th, Labor Day, Thanksgiving and Christmas.

The school will follow the Baltimore County School closing schedule for inclement weather. Students will be notified via email if school is to be closed for any reason and the scheduled makeup date will be included in that email.

GRADUATION REQUIREMENTS:

60 hours of classroom lecture and all program work must be completed. A midterm and final exam must be passed with a grade of no less than 75%. All payments for any fees are due the first night of class.

The school does not grant any credit for previous training or experience and under no circumstance will credit be given.

ATTENDANCE AND PERFORMANCE:

State regulations require students to complete a minimum of 60 clock hours of classroom instruction. All clock hours must be made up in the next scheduled class covering that specific material. This policy is subject to change per the Instructor. The instructor to student ratio will be 1 to 20.

Successful completion requires students to attend the session on Agency and that on Ethics.

A student who does not complete the 60 hours of classroom instruction, pass the midterm exam with a minimum score of 75% and pass the final exam with a minimum score of 75% will not be eligible to receive a certificate of completion and, therefore, will not be eligible to register and sit for the state licensing exam.

Cell phones must be turned off during class. No photographs may be taken of exams.

Doors close at 6:05, after that time you will not be permitted  entrance. You will need to make up those  clock hours in the next session. Chronic lateness will result in termination. If you leave before the class ends you will not receive clock hours for that class.

Midterm tests are given with one makeup test. You must sit for the 1st midterm exam and if you fail, you will be given one opportunity to take a second  alternate exam.  If you fail the alternate midterm, you will be terminated.

Anyone who does not attend the first mid term or final exam will automatically fail the class.

A student may not make up more than three clock hours during the program. The missed three clock hours must be made up before the end of their current session. Subject to Instructor approval. If a student misses another clock hour after the allowed three clock hours they will be dismissed.  Students who do not successfully complete the failed midterm or final exams after two attempts will be terminated and be required to re-enroll at the student’s own expense.

A student must retake a failed mid term exam within 1 week of failed  exam and retake a failed final exam within 1 week of the scheduled end date of the class in which the student is currently enrolled.

A student may be granted a one-time leave of absence for a maximum of 60 days upon written notification to the Maryland Real Estate Academy within seven (7) days of the last day of class attended. The request for a leave of absence must be written, dated and signed by the student. An approved leave of absence entitles the student to resume instruction and the student will not incur additional charges as related to the official leave of absence. A student not returning for instruction at the end of the approved leave of absence shall be classified as withdrawn and must re-enroll at their own expense.

All documentation generated by student enrollment becomes a part of the student’s record and are maintained as long as the school exists.

ATTENDANCE AND PERFORMANCE:

Program work will be evaluated every two (2) weeks and reported in writing to the students. Class grades are a combination of homework, quizzes, pop quizzes, and class participation. A permanent record of attendance and academic achievement for each student shall be maintained and updated at every evaluation. Students who maintain a cumulative grade below 70 for more than four (4) weeks shall be terminated.

Identified below is the grading scale for the Principles and Practices of Real Estate for Salespersons program:

                                                                                  A = 92-100,  B = 84-91 , C = 75-83 , F = 74 or below

Cumulative Grade Scale:
Quizzes: 20 /    Midterm: 30%    /    Final Exam: 50%

GRADUATION REQUIREMENTS:

60 clock hours of classroom lecture and all program work must be completed. The student must complete all of the required time of three clock hours of instruction per day, two days per week for a total of ten weeks. A midterm and final exam must be passed with a grade of no less than 75% and a cumulative class grade of 75%. All payments for any fees are due the first night of class.  The school does not grant any credit for previous training or experience and under no circumstance will credit be given.

CONDUCT:

Students are required to act in a manner to reflect credit to themselves, the real estate profession and the Maryland Real Estate Academy. Students are expected to have the highest level of ethical standards and conduct themselves accordingly. Children, guests and pets are not permitted during program hours. Maryland Real Estate Academy reserves the right to dismiss any student who fails to adhere to and observe school policies and procedures, is involved in illegal or unethical practices or who does not meet the standards of the school’s academic and attendance requirements.

Class Schedule:

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Class 1 – 3 hours                           Class 2 – 3 hours                            Class 3 – 3 hours                         Class 4 – 3 hours    

Introduction                                       Interests in Real Estate                       Land Designation                           Transfer of Title

Real Property & Law                        Ownership Forms                                                                                             Title Records

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Class 5 – 3 hours                          Class 6 – 3 hours                            Class 7 – 3 hours                         Class 8 – 3 hours

Real Estate Brokerage                    Real Estate Agency                              Maryland Agency                             Quiz 3

Md. Supervision Title                       Quiz 2                                                    Client Represent Agreements       Real Estate Contracts

Quiz 1

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Class 9 – 3 hours                         Class 10 – 3 hours                         Class 11 – 3 hours                         Class 12 – 3 hours

Midterm Review                              Midterm Exam                                    Real Estate Financing                     Government Involvement in Real Estate

Md. Code of Ethics                                                                                           Quiz 4

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Class 13 – 3 hours                        Class 14 – 3 hours                        Class 15 – 3 hours                         Class 16 – 3 hours

Closing the R E Transaction           RE Taxes & Other Liens                  Real Estate Appraisal                        Fair Housing

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 Class 17 – 3 hours                      Class 18 – 3 hours                         Class 19 – 3 hours                        Class 20 – 3 hours

Leases                                                 Land Use Controls                             RE Math                                             Final Exam

Property Management                    Environmental Issues &                   Final Exam Review

The RE Transaction

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GRIEVANCES:

Students are encouraged to discuss any issues and concerns regarding the program with the class instructor. If the student is unable to resolve the issue with the Instructor’s assistance they may contact the school owner, Deborah SeBour at 410-242-0220. If the student is still unsatisfied, they may appeal the school’s decision in writing to the Secretary of Higher Education at the Maryland Higher Education Commission.

Maryland Higher Education Commission: http://www.mhec.state.md.us/
6 N. Liberty St., Baltimore, MD 21201 | Phone: (410) 767-3301 | Toll Free: (800) 974-0203

Maryland Real Estate Commission : http://www.dllr.state.md.us
500 North Calvert Street, 3rd Floor Baltimore, MD 21202-3651 Phone: (410) 230-6230 Fax (410) 333-0023

Maryland Association Of Realtors : http://www.mdrealtor.org
200 Harry Truman Parkway, Suite 200, Annapolis, Maryland 21401 Toll Free (800) 638-6425

PROGRAM PERFORMANCE:

Any student or prospective student may obtain from the Maryland Higher Education Commission information regarding the performance of this program. Information may include, but not be limited to enrollment, completion rate, placement rate and pass rate of students on any licensure requirements.
Information can be found at www.mhec.state.md.us

Please be aware that you may be contacted by the Broker at RE/MAX New Beginnings about career opportunities in real estate using the information provided on your application or from your phone call. Program enrollment does not guarantee job placement.