Source of Income - It's Not Just for Rentals!

In 2020, the General Assembly passed legislation to expand Source of Income as a protected class statewide. While many are aware of the implications that Source of Income protections have for property management, it also applies to real estate purchase transactions.

 

The Maryland Real Estate Commission recently released guidance for licensees for compliance with the state’s Source of Income regulations.






IS ALL OF YOUR ADVERTISING COMPLIANT WITH THE LAW?

The Maryland Real Estate Commission is attempting to better enforce ALL advertising compliance with the law, this includes digital as well so that no advertising is misleading to the public.  Most recently, March 7th, in an effort to clarify this for ALL advertising the Commission finalized the regulation “Relations to the Public,” specifically as it pertains to digital advertising and detailed below with an explanation – also known as the one-click rule (Md. Code Regs. 09.11.02.01).  It also provides additional guidance on team advertising.