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§ 16-707. Penalties imposed by Commission

West's Annotated Code of MarylandBusiness Occupations and ProfessionsEffective: October 1, 2019

West's Annotated Code of Maryland
Business Occupations and Professions
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors (Refs & Annos)
Subtitle 7. Prohibited Acts; Penalties (Refs & Annos)
Effective: October 1, 2019
MD Code, Business Occupations & Professions, § 16-707
§ 16-707. Penalties imposed by Commission
In general
(a) The Commission may impose on a person who violates this title a civil penalty not exceeding $5,000 for each violation, whether or not the person is licensed or holds a certificate under this title.
Determination of penalty
(b) In setting the amount of a civil penalty, the Commission shall consider:
(1) the seriousness of the violation;
(2) the good faith of the violator;
(3) any previous violations;
(4) the harmful effect of the violation on the complainant, the public, and the business of home inspections or real estate appraisals;
(5) the assets of the violator; and
(6) any other relevant factors.

Credits

Added by Acts 2001, c. 470, § 1, eff. Oct. 1, 2001. Amended by Acts 2002, c. 19, § 1, eff. April 9, 2002; Acts 2019, c. 746, § 1, eff. Oct. 1, 2019.
MD Code, Business Occupations & Professions, § 16-707, MD BUS OCCUP & PROF § 16-707
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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