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News & Announcements

Real Advocacy for REALTORS®: New Security Deposit Interest Rates in Effect; Drone Ban Exemptions
New security deposit interest rates in effect; Drone ban exemptions; Inclusionary zoning regulations...get all the details in Real Advocacy for REALTORS®, GCAAR's public policy brief.

MD Real Estate Commission's REALTOR® Safety Public Service Announcement
Check out the Maryland Real Estate Commission's Public Service Announcement on safety. Share this great resource with your colleagues, and potential clients.  

Inclement Weather Policy
If Montgomery County schools are closed, all GCAAR classes are cancelled. If the schools are on a delayed opening schedule, morning classes will begin at 10:00 a.m. GCAAR will gladly refund your registration fee if you are unable to attend a a class or event due to extreme weather conditions. If you are concerned a class or event might be cancelled, please call (301)
 590-2000 for any updates.

New Security Interest Rate Calculator
As of January 1, 2015, Maryland State law has lowered the security deposit interest rate required to be returned to renters from 3% to 1.5% or a rate equal to the US Treasury Daily Yield Curve Rate (whichever is higher).

The Maryland Department of Housing and Community Development has now made a Security Interest Rate Calculator, along with useful practice guidance, available on their website here. Please note, this interest rate calculation only applies to residential tenancies with a tenancy start date on or after, January 1, 2015.  

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

November/December 2014 Issue of Capital Area REALTOR® magazine

 

 GCAAR Cares Donate Button 

 

 


   

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Home Sales Statistics 
December 2014

Washington, DC
Condo Coop | Single Family 

Montgomery County
Condo Coop | Single Family  

View Press Release 

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