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October 25, 2005   




NEW DISCLOSURE ACT TOOK EFFECT ON OCTOBER 1, 2005. . . A new law took effect in Maryland on October 1, 2005 which will impact all REALTORS® involved in Maryland residential resale transactions. The new law is a substantial change in Maryland law regarding residential real property condition disclosure and disclaimer. Al Monshower has prepared an article, available in the Members' Only Section. Please read carefully so you will have a full understanding of what is required under this new Law. The required REVISED Maryland Residential Disclosure/Disclaimer Statement and Notice to Purchaser of Purchaser's Rights forms are now on the website and on ZipForms.

 
2006 LEGISLATIVE BREAKFAST. . . PGCAR will hold its Annual Legislation Breakfast on Wednesday, November 16, at 8 a.m. at the Greenbelt Marriott. This annual event provides a forum for REALTORS® to meet with their county legislators to discuss current and proposed legislation affecting real estate and private property rights in Prince George's County. Please take advantage of this important opportunity by registering to attend. The cost is only $15 per person. Click here to register!


PGCAR TO HOLD BEGINNER SPANISH CLASSES. . . This is a six-part series being held Monday evenings from 4 pm to 7 pm. The cost of the series will be $175 for REALTORS® and $300 for non-REALTORS®. Price includes all materials for the class plus the book, "Bienes Raices: An English-Spanish Real Estate Dictionary." Instructor: Luis Lama.

6 Session Class Schedule:
Mondays, November 14, 21 and 28
Mondays, December 5, 12 and 19

Register now! This class will likely sell out.
Click here for the registration form.

 
ANNUAL HOLIDAY GALA SCHEDULED FOR DECEMBER 13. . . Please mark your calendar for PGCAR's Annual Holiday Party which will be held on Tuesday, December 13, at 6 p.m. The Holiday Committee under the Chairmanship of Rose Marie Jung and Vice Chairmanship of Ruth Wright are busy planning another fun-filled evening for PGCAR members and their guests. This event is always sold out, so don't wait until the last minute to register. You won't want to miss this one. Details and registration coming soon.

DISTINGUISHED SALES ASSOCIATE AWARD PRESENTED TO RUTH WRIGHT. . . This year Ruth Wright was selected as PGCAR's Distinguished Sales Associate of the Year. Ruth was selected based on her professional knowledge, business accomplishment, civic activity and for her contributions to this Association and the real estate industry. Ruth has been very active at the local level and is a very well-respected and admired REALTOR® by all who know her. She has served on Association Committees and is the 2006 Chair of the Awards Committee. Congratulations to Ruth.

2006 DUES WERE DUE ON OCTOBER 1. . . Invoices for the PGCAR annual dues were mailed in early August and payment is now due. After November 30, a late charge of $25 will be charged for all those who still have outstanding balances. Also, you should have received an invoice from Supra (GE Interlogix) for the annual lease fee for your Supra Display Key. If you are going to turn in your key or discontinue your membership, you should have done so before October 1 in order to prevent receiving invoices. If you have any questions, please don't hesitate to call the association office at 301-306-7900.

Supra iBox available in Prince George's
SUPRA LOCKBOXES. . . Please make sure that you do not put a PGCAR lockbox on a property located outside of Prince George's or Montgomery Counties. When listing a property outside of Prince George's or Montgomery Counties, you have two options with regard to Supra Lockbox use. One, you can bring your Prince George's County Lockbox to the Association office and have it deprogrammed and then have it reprogrammed for the area where the house is located. Two, if you feel you will be selling other houses in that area, you can purchase a lockbox from the Association in the area where the house is located. By putting a PGCAR Lockbox on a house located outside of Prince George's or Montgomery Counties, you are limiting access for your Seller. Thank you for your cooperation.
 

ATTENTION MD REAL ESTATE LICENSEES!!!
Recent changes have been made in continuing education requirements. To renew a 2-year license, click here for the schedule showing the number of hours and course content required based on EXPIRATION DATE, LENGTH OF LICENSURE, AND TYPE OF SERVICES provided. PLEASE READ THE SCHEDULE CAREFULLY.

SPOTLIGHT ON PRINCE GEORGE'S COUNTY TO HIGHLIGHT SPECIAL OFFICES. . . As a feature in the monthly "Spotlight On Homes" supplement, Heidi LaMere of the Gazette selects an office every month that goes above and beyond the call of duty for a FREE 3/4 page ad highlighting their community involvement. Three Prince George's County offices, Long & Foster in Bowie, Century 21 Home Center and Long & Foster College Park, have already been featured. The articles outline the community efforts REALTOR® offices are involved in. We are now looking for other offices to be spotlighted. Nominations must be received at the Gazette. What is your office doing? If you feel your office should be highlighted over the coming months, please contact Heidi LaMere. Also, Heidi will accept your ad if you would like to advertise in this PGCAR Supplement.

NOVEMBER CONTINUING EDUCATION CLASSES . . . There is still space available in the following classes:

November 16th - MD Real Estate Ethics
Instructor - Don Martin. 9:30 a.m. to 12:30 p.m. Association Office.
3 hours MD and DC Continuing Education
This class is required for license renewal.

November 18th - MD Legislative Update
Instructor - Don Martin. 9:30 a.m. to 12:30 p.m. Association Office.
3 hours MD and DC Continuing Education
This class is required for license renewal.

November 18th - MD Fair Housing Update
Instructor - Don Martin. 1:30 p.m. to 3:00 p.m. Association Office.
1.5 hours MD and DC Continuing Education
This class is required for license renewal.

Registration fee for REALTORS® is $25 for 3 hours of credit and $15 for 1.5 hours of credit. A $15 late fee is charged if reservations are made less than 3 days prior to any class. NO WALK-INS. For more information call Scott Miller, Education Director, at the association office 301-306-7961 or visit our website at www.pgcar.com.

Prince George's County Association of REALTORS®
8400 Corporate Drive  :  Suite 225 : Landover MD 20785
Phone 301-306-7900  :  Fax 301-306-8273  :  www.pgcar.com  :  ©2005, PGCAR
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