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Session Laws, 1939
Volume 581, Page 760   View pdf image (33K)
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760 LAWS OF MARYLAND. [CH. 351

business location, whereupon the Commission shall issue a
new license for the unexpired period. The change of business
location without notification to the Commission shall auto-
matically cancel the license theretofore issued.

(c) When any real estate salesman shall be discharged or
shall terminate his employment with the real estate broker
by whom he is employed, it shall be the duty of such real
estate broker to immediately notify the Commission of such
termination of employment. The real estate broker, at the
time of the notification to the Commission shall address a
communication to the last known address of such real estate
salesman, which communication shall advise such real estate
salesman that his employment has been terminated. A copy
of such communication to the real estate salesman shall ac-
company the notification to the Commission. It shall be un-
lawful for any such real estate salesman to perform any of the
acts contemplated by this sub-title or to engage directly or in-
directly in the business of a real estate salesman, until the
Commission, in its discretion, shall issue a new license show-
ing change of employment and business location.

296. Fees—Resident. The following fees shall be charged
by and paid to the Commission by resident applicants.

(a) For each real estate broker's license a fee of twenty-
five ($25. 00) dollars and for each annual registration of said
license, thereafter, a fee of twenty-five ($25. 00) dollars.

(b) For each license as real estate broker issued to a mem-
ber of a partnership, association, or officer of a corporation
other than the member of the partnership or association, or
officer of the corporation named in the license issued to such
partnership, association, or corporation, a fee of ten ($10. 00)
dollars, and for each annual registration of said license there-
after, a fee of ten ($10. 00) dollars.

(c) For each real estate salesman's license, a fee of five
($5. 00) dollars, and for each annual registration of said li-
cense thereafter, a fee of five ($5. 00) dollars.

(d) For each additional office or place of business, an annual
fee of two dollars and fifty cents ($2. 50).

(e) For each change of office or place of business, a fee of
one ($1. 00) dollar.

(f) For each change of name of licensee on the records of
the Commission, a fee of one ($1. 00) dollar.

(g) For each duplicate license, where the original license
is lost, or destroyed, and affidavit made thereof, a fee of two
dollars and fifty cents ($2. 50).


 

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Session Laws, 1939
Volume 581, Page 760   View pdf image (33K)
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