Business Meeting Agenda - Real Estate Commission (MREC)

Wednesday, March 18, 2026 10:30 AM

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*This meeting will be recorded and transcribed to facilitate accurate minutes.*
1. Meeting Call to Order by Madam Chair
2. Roll Call by Executive Director Lederer. Notification of meeting recording. Identify phone attendees.
3. Approval of Report on Complaints/Administrative Dismissals for March.
4. Approval of Minutes from February 18, 2026, Business Meeting
5. Committee Reports.
a. Education Committee- Commissioner Mims (Chair)
b. Legislative Committee- Commissioner Alexander (Chair)
6. Comments from Executive Director – Scott Lederer
a. License Count Comparison
b. Current Open Complaints = 289
c. Guaranty Fund balance as of Jan. 31st = $1,201,879.68
d. Out-of-State applications processed in January = 120
7. Comments from Counsel – Robert Pambianco
8. Comments from Chair – Demetria Scott
9. Old Business
10. New Business
a. FinCEN law requirements discussion
11. Public Comment
12. Next Meeting: Wednesday, April 22, 2026
13. Adjournment

*A portion of this meeting may be closed pursuant to the General Provisions Article Annotated Code of Maryland, §3-305(b)*

Current Committee & Taskforce Assignments:
Legislative Committee:
● Commissioner Alexander (Chair)
● Commissioner Wilson
● Commissioner Maloo

Education Committee:
● Commissioner Mims (Chair)
● Commissioner Wilson

Application Committee:
● Commissioner Williams (Chair)
● Commissioner Maloo
● Commissioner Wilson