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Session Laws, 1939
Volume 581, Page 762   View pdf image (33K)
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762 LAWS OF MARYLAND. [CH. 351

(k) Paying or receiving any rebate, profit, compensation or
commission in violating this sub-title, or,

(1) Inducing any party to a contract, sale, or lease to break
such contract for the purpose of substituting in lieu thereof
a new contract with the same principal or a different prin-
cipal, where such substitution is motivated by the personal
gain of the licensee, or

(m) Forgery, embezzlement, obtaining money under false
pretenses, larceny, extortion, conspiracy to defraud, or other
like offense or offenses, and who has been convicted thereof
in a court of competent jurisdiction of this or any other
State, or,

(n) Guaranteeing, or having authorized or permitted any
person to guarantee future profits which may result from the
resale of real property, or,

(o) Soliciting, selling, or offering for sale real property
by offering "free lots", or conducting lotteries, or contests, or
offering prizes for the purpose of influencing a purchaser or
prospective purchaser of real property, or,

(p) Negligence, or failure to disclose or to ascertain and
disclose to any person with whom such licensee is dealing,
any material fact, data, or information, concerning or relat-
ing to the property with which such licensee is dealing, which
such licensee knew or should have known, or,

(q) Any act or conduct whether of the same or a different
character than hereinabove specified, which constitutes or
demonstrates bad faith, incompetency or untrustworthiness,
or dishonest, fraudulent, or improper dealings.

(r) Any unlawful act or violation of any of the provisions
of this sub-title by any licensee, shall not be cause for the sus-
pension or revocation of a license of any employer, employee,
salesman, partner, member or officer, associated with or em-
ployed by such licensee, unless it shall appear to the satisfac-
tion of the Commission that said employer, employee, sales-
man, partner, member or officer had guilty knowledge thereof.

298. Hearings. The Commission shall, before denying an
application for license, or before suspending or revoking any
license, set the matter down for a hearing, and at least ten
days prior to the date set for the hearing, it shall notify in
writing the applicant, or license-holder of the charges made,
and shall afford said applicant, or license-holder an oppor-
tunity to be heard in person or by counsel in reference thereto.
Such written notice may be served by delivery of same per-
sonally to the applicant, or license-holder, or by mailing same
by registered mail to the last known business address of such


 

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Session Laws, 1939
Volume 581, Page 762   View pdf image (33K)
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