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Maryland Manual, 1971-72
Volume 175, Page 195   View pdf image (33K)
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MARYLAND MANUAL 195
REAL ESTATE COMMISSION OF MARYLAND
Chairman: James C. Latham, 1973
Vice Chairman: Albert L. Jones, 1975
John J. Moran, Jr., 1972; Edward J. Warren, 1972; William C.
Harloff, 1973; Charles R. Wolfe, 1974; James Crockett, 1975.
Steve M. Kahoe, Jr., Executive Director
One South Calvert Street, Baltimore 21202 Telephone: 383-2130
The Real Estate Commission, originally established by Chapter 351,
Acts of 1939 had its membership expanded by Chapter 617, Acts of
1961, its composition redefined by Chapter 506, Acts of 1966, and its
composition further redefined by Chapter 653, Acts of 1971. The Com-
mission is composed of seven members, appointed by the Governor
with the advice of the Secretary of Licensing and Regulation, and the
advice and consent of the Senate. One member represents the Eastern
Shore; one, Central Maryland; one, Baltimore City; one, Southern
Maryland; one, Western Maryland; and two, the State at large. The
at large members must not be engaged in the real estate business. All
members must be citizens and residents of the area for which they
were appointed for not less than five years, and they must have been
actively engaged in the real estate business for ten years prior to
appointment, except the at large members. The Commission selects
its own Chairman and licenses all real estate agencies, brokers and
salesmen doing business in Maryland.
By Chapter 681, Acts of 1967, each applicant for a real estate sales-
man's license must complete a basic course in real estate (Code 1957,
1968 Repl. Vol., Art. 56, sec. 217c). By Regulation 22, effective Febru-
ary 1, 1971, all applicants for a real estate broker's license must
complete three semester credit hours in basic real estate principles
at a degree-granting college, as well as being licensed as a salesman
for three years or be a member of the Maryland Bar to qualify to
take the State broker's examination. The Commission has the power
to revoke, refuse, or suspend licenses of any agency or person for
violating the State real estate laws or for unethical conduct. The Real
Estate Commission, by Chapter 648, Acts of 1971 administers the Real
Estate Guaranty Fund of Maryland, which in essence bonds all li-
censees (Code 1957, 1968 Repl. Vol., 1971 Supp., Art. 56, sec. 217A).
The Commission issues a quarterly publication entitled "The Com-
missioner" (Code 1957, 1968 Repl. Vol., Art. 56, sees. 212-232).
Appropriations 1971 1972
General Funds ............................................... $149,630 $171,445
Staff: 15.
REAL ESTATE HEARING BOARD
Chairman: James C. Latham, 1973
Vice Chairman: Albert L. Jones, 1975
John J. Moran, Jr., 1972; Edward J. Warren, 1972; William C.
Harloff, 1973; Charles R. Wolfe, 1974; James Crockett, 1975.
Steve M. Kahoe, Jr., Executive Director
One South Calvert Street, Baltimore 21202 Telephone: 383-2130
The Real Estate Hearing Board was originally created by Chapter
89, Acts of 1968. The Real Estate Commission of Maryland may ap-
point, with the approval of the Secretary of Licensing and Regulation,
three of its members to sit as a real estate hearing board. The Com-
mission designates one of its members as the chairman of the board,
while all members of the Commission serve on this board on a rotating
basis.

 
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Maryland Manual, 1971-72
Volume 175, Page 195   View pdf image (33K)
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