§ 17-320. Contractors or employees providing real estate brokerage services
West's Annotated Code of MarylandBusiness Occupations and Professions
MD Code, Business Occupations & Professions, § 17-320
§ 17-320. Contractors or employees providing real estate brokerage services
(a)(1) Subject to the provisions of this section, a licensed real estate broker may utilize as an independent contractor, employ, or otherwise contract with a licensed real estate salesperson or a licensed associate real estate broker to provide real estate brokerage services on behalf of the licensed real estate broker.
(b) Any individual, including a licensed associate real estate broker, who provides real estate brokerage services on behalf of a real estate broker shall be considered a real estate salesperson with respect to the provision of those services.
(c)(1) A real estate broker shall exercise reasonable and adequate supervision over the provision of real estate brokerage services by any other individual, including an independent contractor, on behalf of the broker.
(d)(1) A branch office manager, as defined in § 17-518(d) of this title, shall exercise reasonable and adequate supervision over the provision of real estate brokerage services by any sales agent or associate broker registered with that office.
(e) If the affiliation between a real estate broker and a real estate salesperson or an associate real estate broker terminates, the real estate broker immediately shall:
Credits
Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Amended by Acts 1993, c. 93. Renumbered from Business Occupations and Professions § 16-320 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994. Amended by Acts 1994, c. 53, § 1, eff. Oct. 1, 1994.
Formerly Art. 56A, § 4-320.
MD Code, Business Occupations & Professions, § 17-320, MD BUS OCCUP & PROF § 17-320
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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