(a) A licensed real estate salesperson may obtain an additional real estate salesperson license and become affiliated with an additional licensed real estate broker as a real estate salesperson, if the salesperson:
(1) obtains, from an additional licensed real estate broker, a commitment providing that the salesperson shall become affiliated with the broker as a real estate salesperson on the granting of an additional real estate salesperson license to the salesperson;
(2) gives each real estate broker with whom the salesperson currently is affiliated written notice that the salesperson intends to affiliate with an additional real estate broker; and
(3) complies with the application procedures under subsection (j) of this section.
Real estate salesperson and associate real estate broker licenses
(b) A licensed real estate salesperson may obtain an associate real estate broker license and become affiliated with an additional licensed real estate broker as an associate real estate broker, if the salesperson:
(1)(i) meets the requirements for an associate real estate broker license under § 17-304 of this subtitle;
(ii) gives each real estate broker with whom the salesperson currently is affiliated written notice that the salesperson intends to affiliate with an additional real estate broker; and
(iii) complies with the application procedures under § 17-307 of this subtitle; or
(2)(i) has previously held an associate real estate broker license or a real estate broker license;
(ii) has held a license continuously since initially being licensed as an associate real estate broker or a real estate broker;
(iii) obtains, from an additional licensed real estate broker, a commitment providing that the salesperson shall become affiliated with the broker as an associate real estate broker on the granting of an associate real estate broker license to the salesperson;
(iv) gives each real estate broker with whom the salesperson currently is affiliated written notice that the salesperson intends to affiliate with an additional real estate broker; and
(v) complies with the application procedures under subsection (j) of this section.
Real estate salesperson and real estate broker licenses
(c) A licensed real estate salesperson may obtain a real estate broker license, if the salesperson:
(1)(i) meets the requirements for a real estate broker license under § 17-305 of this subtitle;
(ii) gives each real estate broker with whom the salesperson currently is affiliated written notice that the salesperson intends to obtain a real estate broker license; and
(iii) complies with the application procedures under § 17-307 of this subtitle; or
(2)(i) has previously held an associate real estate broker license or a real estate broker license;
(ii) has held a license continuously since initially being licensed as an associate real estate broker or a real estate broker;
(iii) gives each real estate broker with whom the salesperson currently is affiliated written notice that the salesperson intends to obtain a real estate broker license; and
(iv) complies with the application procedures under subsection (j) of this section.
Multiple associate real estate broker licenses
(d) A licensed associate real estate broker may obtain an additional associate real estate broker license and become affiliated with an additional licensed real estate broker as an associate real estate broker, if the associate broker:
(1) obtains, from an additional licensed real estate broker, a commitment providing that the associate broker shall become affiliated with the broker as an associate real estate broker on the granting of an additional associate real estate broker license to the associate broker;
(2) gives each real estate broker with whom the associate broker currently is affiliated written notice that the associate broker intends to affiliate with an additional real estate broker; and
(3) complies with the application procedures under subsection (j) of this section.
Associate real estate broker and real estate salesperson licenses
(e) A licensed associate real estate broker may obtain a real estate salesperson license and become affiliated with an additional licensed real estate broker as a real estate salesperson, if the associate broker:
(1) obtains, from an additional licensed real estate broker, a commitment providing that the associate broker shall become affiliated with the broker as a real estate salesperson on the granting of a real estate salesperson license to the associate broker;
(2) gives each real estate broker with whom the associate broker currently is affiliated written notice that the associate broker intends to affiliate with an additional real estate broker; and
(3) complies with the application procedures under subsection (j) of this section.
Associate real estate broker and real estate broker licenses
(f) A licensed associate real estate broker may obtain a real estate broker license, if the associate broker:
(1) gives each real estate broker with whom the associate broker currently is affiliated written notice that the associate broker intends to obtain a real estate broker license; and
(2) complies with the application procedures under subsection (j) of this section.
Real estate broker and real estate salesperson licenses
(g) A licensed real estate broker may obtain a real estate salesperson license and become affiliated with another licensed real estate broker as a real estate salesperson, if the broker:
(1) obtains, from another licensed real estate broker, a commitment providing that the broker shall become affiliated with the other broker as a real estate salesperson on the granting of a real estate salesperson license to the broker; and
(2) complies with the application procedures under subsection (j) of this section.
Real estate broker and associate real estate broker licenses
(h) A licensed real estate broker may obtain an associate real estate broker license and become affiliated with another licensed real estate broker as an associate real estate broker, if the broker:
(1) obtains, from another licensed real estate broker, a commitment providing that the broker shall become affiliated with the other broker as an associate real estate broker on the granting of an associate real estate broker license to the broker; and
(2) complies with the application procedures under subsection (j) of this section.
Multiple real estate broker licenses
(i)(1) A licensed real estate broker shall obtain a real estate broker license for each real estate brokerage operated by the real estate broker.
(2) In order to receive an additional real estate broker license, a licensed real estate broker shall comply with the application procedures under subsection (j)(1), (4), and (5) of this section.
Additional licenses
(j) To obtain an additional license, a qualified licensee shall:
(1) submit to the Commission an application on the form that the Commission provides;
(2) if applying for a real estate salesperson or associate real estate broker license, submit to the Commission adequate evidence that the licensee has obtained, from a licensed real estate broker, a commitment providing that the licensee shall become affiliated with the broker as a real estate salesperson or an associate real estate broker on the granting of an additional license to the licensee;
(3) if currently licensed as a real estate salesperson or an associate real estate broker, submit to the Commission a copy of the written notice informing each real estate broker with whom the licensee currently is affiliated that the licensee intends to affiliate with an additional real estate broker or obtain a real estate broker license;
(4) pay to the Commission an application fee set by the Commission; and
(5) submit to the Commission any additional information or documentation that the Commission requires.
Duty of Commission to grant new license
(k) On compliance by the applicant with the procedures of this section, the Commission shall grant an appropriate new license to each individual who meets the applicable requirements under this subtitle.
License certificates and pocket cards
(l) The Commission shall issue an appropriate license certificate and pocket card to each individual who has been granted a license under subsection (k) of this section.
Credits
Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Amended by Acts 1989, c. 218, § 2; Acts 1993, c. 249. Renumbered from Business Occupations and Professions § 16-313 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994. Amended by Acts 2005, c. 399, § 1, eff. July 1, 2006.
Formerly Art. 56A, § 4-313.
MD Code, Business Occupations & Professions, § 17-313, MD BUS OCCUP & PROF § 17-313
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.
