Description

Ocean City Areas & Neighborhoods (available to past and current CALS members ONLY)

Ocean City is a unique coastal market with its own municipal structure, property types, community associations, zoning considerations, rental issues, and transaction requirements. This course gives real estate professionals a practical understanding of Ocean City’s local framework so they can better advise buyers and sellers and help clients make informed decisions.

Participants will explore the history and structure of Ocean City, including its municipal government, city and county taxes, public services, planning commission, and board of zoning appeals. The session will also review common forms of ownership and community associations found in Ocean City, including condominiums, homeowners associations, mobile home park cooperatives, timeshares, deeded and non-deeded boat slips, and related governing documents.

The course will also address property use considerations, including zoning, commercial versus residential use, rentals, and the importance of confirming that a buyer’s intended use is allowed. Attendees will review key contract and disclosure issues, including condominium resale certificates, seller disclosure and disclaimer obligations, latent defects, and examples of common transaction concerns such as unpermitted improvements.

Additional discussion will include Maryland’s reserve study requirements for community associations, including how these rules may affect condominiums and HOAs. By the end of this session, participants will be better prepared to identify Ocean City-specific questions, guide client due diligence, and recognize local issues that can affect contracts, ownership, financing, and long-term property use.

Course Instructors: Peter Buas and Joe Wilson

This course does not offer continuing education credits. 

This course is 1 of 8 required courses to obtain the CALS certification.