754 LAWS OF MARYLAND. [CH. 351

SEC. 2. And be it further enacted, That twenty-one new
sections be and they are hereby added to Article 56 of the
Annotated Code of Maryland (1935 Supplement), title
"Licenses", said new sections to be under sub-title "Real Es-
tate Brokers", to be known as Sections 285 to 305, inclusive,
to follow immediately after Section 284 of said Article and
to read as follows:

REAL ESTATE BROKERS.

285. Definitions, (a) "Real estate broker" shall mean any
person, association, co-partnership or corporation, foreign or
domestic, who for another and for a fee, commission or any
other valuable consideration sells, purchases, exchanges,
leases, rents or collects rent for the use of real estate or who
attempts or who offers by verbal solicitation, advertisement or
otherwise to perform any such functions or who is regularly
engaged in the business of dealing and trading in real estate
or leases and options thereon, or who is engaged in the busi-
ness of subdividing and selling land in building lots or sites,
whether such real estate is located in this or any other State
or the District of Columbia.

(b) "Real estate salesman" shall mean any person employed
either directly or indirectly by a real estate broker or by a
real estate salesman, either on a part or full time basis, to
perform any act or acts authorized by this sub-title to be per-
formed by a real estate broker.

(c) "Commission" shall mean the Maryland Real Estate
Commission.

(d) "Real estate" shall include leaseholds and all other
tangible interests in real property.

(e) Any person, partnership, association, or corporation,
who, for another, in consideration or compensation, by fee,
commission, salary, or otherwise, or with the intention or in
the expectation or upon the promise of receiving or collecting a
fee, does, offers or attempts or agrees to do, engages in or
offers or attempts or agrees to engage in, either directly or
indirectly, any single act or transaction contained in the
definitions of a real estate broker or real estate salesman in
Section 285 (a) and (b) of this sub-title, whether said act be
an incidental part of a transaction, or the entire transaction,
shall constitute such person, partnership, association, or cor-
poration a real estate broker or real estate salesman within
the meaning of this sub-title.

(f) Exceptions. The terms "real estate broker" and "real
estate salesman" shall not include: