WILLIAM DONALD SCHAEFER, Governor Ch. 594

(C) THE COMMISSION MAY GRANT A WAIVER ONLY IF THE STATE
IN WHICH THE APPLICANT IS LICENSED WAIVES THE EXAMINATION OF
LICENSEES OF THIS STATE TO A SIMILAR EXTENT AS THIS STATE WAIVES
THE EXAMINATION REQUIREMENTS FOR INDIVIDUALS LICENSED IN
THAT STATE.

15.5-306.

(A) THE COMMISSION SHALL GRANT A LICENSE TO EACH
APPLICANT WHO MEETS THE REQUIREMENTS OF THIS SUBTITLE.

(B) THE COMMISSION SHALL ISSUE A LICENSE DOCUMENT AND
POCKET CARD TO EACH APPLICANT WHO HAS BEEN GRANTED A
LICENSE UNDER THIS SECTION.

(C) (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION, THE
COMMISSION SHALL DETERMINE THE SIZE, FORM, AND CONTENT OF
ANY LICENSE DOCUMENT OR POCKET CARD THAT THE COMMISSION

ISSUES.

(2) THE COMMISSION SHALL INCLUDE AN EXPIRATION DATE
ON EACH LICENSE DOCUMENT THAT THE COMMISSION ISSUES.

15.5-307.

WHILE A LICENSE IS IN EFFECT, IT AUTHORIZES THE LICENSEE TO
PROVIDE REAL ESTATE APPRAISAL SERVICES.

15.5-308.

(A) UNLESS A LICENSE IS RENEWED FOR A 3-YEAR TERM AS
PROVIDED IN THIS SECTION, THE LICENSE EXPIRES ON THE THIRD
ANNIVERSARY OF ITS EFFECTIVE DATE A STAGGERED BASIS AS
DETERMINED BY THE SECRETARY.

(B) AT LEAST 1 MONTH BEFORE THE LICENSE EXPIRES, THE BOARD
COMMISSION SHALL SEND TO THE LICENSEE, AT THE LAST KNOWN
ADDRESS OF THE LICENSEE:

(1) A RENEWAL APPLICATION FORM; AND

(2) A NOTICE THAT STATES:

(I) THE DATE ON WHICH THE CURRENT LICENSE
EXPIRES;

(II) THE DATE BY WHICH THE COMMISSION MUST
RECEIVE THE RENEWAL APPLICATION FOR THE RENEWAL TO BE ISSUED
AND MAILED BEFORE THE LICENSE EXPIRES; AND

(III) THE AMOUNT OF THE RENEWAL FEE.

(C) BEFORE A LICENSE EXPIRES, THE LICENSEE PERIODICALLY

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