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Session Laws, 1941
Volume 582, Page 650   View pdf image (33K)
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650 LAWS OF MARYLAND. [CH. 391

350. (Non-Residents—Reciprocity. ) (a) A non-resi-
dent of this State may become a real estate broker or a real
estate salesman by conforming to all of the conditions of
this paragraph and this sub-title.

(b) In its discretion the Commission may recognize in
lieu of statements required to accompany an application
for a license, the license issued to a non-resident broker, or
salesman in such other State, upon payment of the license
fee and the filing by the applicant with the Commission of
a certified copy of applicant's license issued by such other
State:

(c) Provided that such applicant, if a broker, shall
maintain an active place of business in the State by which
he is originally certified.

(d) Provided further that every non-resident applicant
shall file an irrevocable consent that suits and actions may
be commenced against such applicant in the proper court
of any county of this State in which a cause of action may
arise or in which the plaintiff may reside, by the service of
any process or pleading authorized by the laws of this
State on the Secretary of the Commission, said consent
stipulating and agreeing that such service of such process
or pleadings on said Secretary shall be taken and held in
all courts to be as valid and binding as if due service had
been made upon said applicant in the State of Maryland.
Said instrument containing such consent shall be authen-
ticated by the seal thereof, if a corporation, or by the
acknowledged signature of a member or officer thereof, if
otherwise. All such applications, except from individuals,
shall be accompanied by the duly certified copy of the reso-
lution of the proper officers or managing board, authoriz-
ing the proper officer to execute the same. In case any
processes or pleadings mentioned in the case are served
upon the Secretary of the Commission, duplicate copies
shall be filed, one of which shall be filed in the office of
the Commission and the other immediately forwarded by
registered mail to the main office of the applicant against
whom or which processes or pleadings are directed.

(e) Resident licensees under this Act shall have the
right to divide fees with non-resident brokers on transac-
tions in this State, provided the laws of the States of any
such non-resident brokers permit them to divide fees with
such resident licensees on transactions in their states, pro-
vided such non-resident brokers are duly licensed under
any similar law prevailing in their respective states.

352. (Issue License. ) (a) It shall be the duty of the
Commission to issue licenses as real estate broker or real

 

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Session Laws, 1941
Volume 582, Page 650   View pdf image (33K)   << PREVIOUS  NEXT >>


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