(301) 805-5892
Contact Us
Schedule Online
Estate Planning Webinar
(301) 805-5892
Schedule Online
  • Home
  • About Us
    • Attorney Suren Adams
    • Meet our Team
    • Testimonials
  • Wills, Trusts & Probate
    • Estate Planning FAQ’s
    • Living Trust FAQ’s
    • Estate Planning Process
    • Estate Planning Terms
  • Probate
    • Probate Process
    • Probate FAQ’s
    • Real Estate
  • Guardianship
  • Testimonials
  • Blog
  • Contact Us
Menu
  • Home
  • About Us
    • Attorney Suren Adams
    • Meet our Team
    • Testimonials
  • Wills, Trusts & Probate
    • Estate Planning FAQ’s
    • Living Trust FAQ’s
    • Estate Planning Process
    • Estate Planning Terms
  • Probate
    • Probate Process
    • Probate FAQ’s
    • Real Estate
  • Guardianship
  • Testimonials
  • Blog
  • Contact Us

Testimonials

"We want to thank you so much for everything that you have done. You have not only been a great attorney, but a sincerely wonderful person as well." - Greg and Angela (Washington, DC) "Thank you Suren!!!!! You have been a blessing to me during this very difficult time. Thank you very much for all of you efforts on my behalf." - Juanita (Upper Marlboro, MD) READ MORE+

GET HELP NOW

Fill out the contact form below and we will back to you shortly.





    Where Did You Hear About Us?
    I have read and agree to the Terms of Service.


    Post navigation

    Previous Previous post:
    Next Next post:

    Commission says Real Estate Agents Should Not Negotiate MD Short Sales

    According to guidelines recently published by the Maryland Real Estate Commission on July 22, 2013, real estate agents are acting outside the scope of their license when negotiating short sales with mortgage lenders. The Commission specifically stated that “since the scope of the real estate license is limited by definition to assisting clients in the purchase, sale or lease of real property, the Real Estate Commission and the Commissioner of Financial Regulation consider that negotiation of a short-sale deficiency agreement or any other type of mortgage collection forbearance with a seller’s mortgage lender or servicer falls outside of the scope of a real estate license.”

    Agents may still market and list a house for short sale, but should not act as a representative of the seller in discussions between the seller and the lender, to fall within the protection of their license and E&O policy. Agents are now required to inform sellers that the seller must either personally negotiate with the lender or hire a Mortgage Assistance Relief Service Provider or a Maryland attorney (such as Suren G. Adams, Adams Law Office, LLC) to conduct the negotiations. The full guidelines can be found by clicking here: MD Real Estate Commission Short-Sale Guidelines.

    Contact Information

    ADAMS LAW OFFICE, LLC

    SUREN G. ADAMS, Founding Attorney at Law

    Call today for a consultation with one of our caring and experienced Attorneys!

    MD (301) 805-5892 • DC (202) 327-5475

    4201 Northview Drive, Suite 401 • Bowie, MD 20716
    Serving the Maryland and DC areas

    Click here for our office locations in Maryland and the District of Columbia

    Linkedin Facebook Twitter
    Linkedin Facebook Twitter
    avvo-social-icon.png

    Copyright ©

    2023

    Adams Law Office, LLC   All Rights Reserved

    DISCLAIMER: No information you obtain from this website or its content is legal advice, nor is it intended to be. You should consult an attorney for individualized advice regarding your own situation. No attorney-client relationship is intended or formed by your viewing this website or downloading and using the content, forms, tips or information kits found on this website. No attorney-client relationship is intended or formed without a fully-executed, written agreement to enter into such a relationship. Client testimonials or endorsements do not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter.

    Cleantalk Pixel