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§ 17-546. Intracompany agents

West's Annotated Code of MarylandBusiness Occupations and ProfessionsEffective: October 1, 2011

West's Annotated Code of Maryland
Business Occupations and Professions
Title 17. Real Estate Brokers (Refs & Annos)
Subtitle 5. Miscellaneous Provisions (Refs & Annos)
Part V. Provision of Real Estate Brokerage Services Through a Team (Refs & Annos)
Effective: October 1, 2011
MD Code, Business Occupations & Professions, § 17-546
§ 17-546. Intracompany agents
Currentness
Designation of intracompany agents
(a) A real estate broker or a designee of the real estate broker may designate two members of a team as intracompany agents for the seller and the buyer in the same transaction if the parties have first been advised in writing that the licensees are part of the same team and the team could have a financial interest in the outcome of the transaction.
Broker’s designee restrictions
(b) If a broker's designee designates intracompany agents under subsection (a) of this section, the broker's designee may not be a member of the real estate team.

Credits

Added by Acts 2010, c. 670, § 1, eff. Oct. 1, 2010. Amended by Acts 2011, c. 153, § 1, eff. Oct. 1, 2011.
MD Code, Business Occupations & Professions, § 17-546, MD BUS OCCUP & PROF § 17-546
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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