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Session Laws, 1918 Session
Volume 486, Page 998   View pdf image (33K)
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998 LAWS OF MARYLAND. [CH. 493

the sum of money to be paid as aforesaid, shall be $25.00 for
the first two names inserted in said license and $25.00 for each
and every additional name inserted therein.

Section 696. Any person, co-partnership or corporation
who shall carry on the business of real estate broker,
or who shall undertake to act as such real estate broker, by
public advertisement, sign or otherwise, without such license
first obtained, or who shall use or attempt to use the license of
another with intent to evade the provisions of Section 695 to
699B of this article shall be deemed guilty of a misdemeanor,
and on conviction thereof, shall be subject to and pay a fine
or penalty of not less than two hundred ($200.00) dollars nor
more than five hundred ($500.00) dollars for each offense,
one-half thereof for the use of the State, and the other half
thereof to be paid to the person that shall first prefer before
the grand jury the charge against such offender; and any per-
son, co-partnership or corporation, who shall directly or
indirectly act as a real estate broker, or shall undertake the
buying or selling of ground rente or other real estate, or of
chattels real, or the leasing of real estate or chattels, real, or
the negotiation or sale of mortgage loans on real estate or
chattels real or the collection of rents for others with a view
to reward or compensation ior such undertaking, shall bo
deemed to be carrying on the business of real estate broker
within the meaning of said sections and be subject to the fines
and penalties herein prescribed.

Section 697. If any person who has obtained such license
shall die, or shall move from and cease to use and exercise the
business of real estate broker in the City of Baltimore before
the expiration of the term in said license specified, the benefit
of said license for the unexpired term shall issue to and be
continued in his legal representative or assignee, upon appli-
cation to the proper clerk for that purpose, accompanied by
the oath by the party applying, made before a Notary Public of
this State, and endorsed on said license that the person to
whom said license was originally granted is deceased, or has
removed from and ceased to use or exercise the said business
in the said City.

Section 698. Upon said application and affidavit the clerk
shall, by his endorsement on said license authorize such legal
representative or assignee to use or exercise the business of
such real estate broker in said City for the unexpired term in
said license named.

 

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Session Laws, 1918 Session
Volume 486, Page 998   View pdf image (33K)
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