REALTORS Honor the Code of Ethics   NAR D.A.N.G.E.R. Report   GCAAR Dues 2015

 

News & Announcements

New Forms and Revisions in Effect August 1
After months of diligent work by GCAAR's Forms Committee, the following NEW and revised forms were released August 1, 2015.

Form 910, "Listing Agreement for Improved Real Property and Co-operatives" (DC & Montgomery County)
Language was added to conform to the Maryland Real Estate Commission's request that consumers are given the opportunity to approve the use of the "Coming Soon" status in MRIS. Learn more: MRIS Rules and Regulations document and MRIS Coming Soon Brochure.

Form 940, "Title Insurance Notice and Addendum" (DC & Montgomery County)
This NEW REQUIRED FORM is pursuant to the Consumer Financial Protection Bureau's (CFPB) new "Truth in Lending Act (TILA) - Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure Rule" ("TRID Rule"). Learn more here.

Form 1341, "Buyer Agency Agreement" (DC & Montgomery County)
The much simplified Buyer Agency Agreement aims to keep legal and substantive elements intact, while significantly abbreviating extraneous & repetitive text. The result is a two-sided document, half the length of the previous document. It should be more convenient and provide a higher level of protection for GCAAR agents.

GCAAR Form #1370, "Notice of Contractor and Service Provider Licensing Status" (Montgomery County)
This NEW GCAAR form aims to satisfy the Maryland Real Estate Commission regulation regarding real estate licensee "service recommendations" which took effect August 18, 2014. This form replaces the MAR form for GCAAR members.

View the explanation of new and revised forms. Access the forms here.  

Take Action Now - Stop Patent Trolls
REALTORS® across the country have received threatening demand letters and lawsuits alleging patent infringement based on the use of common business tools. Avoid being sued. Tell your U.S. Representative to support H.R. 9, the Innovation Act to stop patent trolls and protect the real estate industry from frivolous lawsuits. Take action now!  

Real Advocacy for REALTORS®: Share Your TOPA Horror Stories
Some have voiced concerns that the District's Tenant Opportunity to Purchase Act (TOPA) is onerous and confusing...get the details in Real Advocacy for REALTORS®, GCAAR's public policy brief.
 
Prevent SentriCard® Service Interruption. 
GCAAR would like to remind brokers and agents to not provide your SentriCard® or PIN number to another agent, assistant, family member, prospective buyer, etc. If a customer service representative becomes aware that your card is in possession of an "invalid cardholder", your SentriCard® will be terminated, immediately. Your card will not be reactivated until you visit a GCAAR office with a valid photo ID. View SentriLock rules and regulations 

 

Valuable Resources

May/June 2015 Issue of Capital Area REALTOR® magazine

 

 GCAAR Cares Donate Button 

 

 


   

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WED
8/05
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FHA Financing
 
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*DC LOCATION* DC Fair Housing
 
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*DC LOCATION* DC Legislative Update
 
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New Member Orientation
 
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Maryland Code of Ethics and Predatory...
THUR
8/06
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DC Legislative Update
 
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DC Fair Housing
 
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Financing Issues/Update
 
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FRI
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Maryland Code of Ethics and Predatory...
 
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*GCAAR on the Go* Financing Issues/Up...
 
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*DC LOCATION* MREC Agency - Residential
 
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Maryland Fair Housing
 
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*DC LOCATION* Real Estate Tax Update
MON
8/10
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2011-2013 Maryland Legislative Update
 
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Maryland Property Conditions Disclosure
 
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WED
8/12
9:30 AM - 12:30 PM
DC Fair Housing
 
10:00 AM - 1:00 PM
*DC LOCATION* DC Fair Housing
 
1:00 PM - 2:00 PM
*Lunch and Learn* FREE Contract Class
 
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Financing Issues/Update
 
3:00 PM - 4:30 PM
Updated Forms
 
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DC Legislative Update
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