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Session Laws, 1955
Volume 620, Page 1034   View pdf image (33K)
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1034                             LAWS OF MARYLAND                        [CH. 631

designated and provided further that upon the death of any licensed
broker, any adult member of his family shall have the right to carry
on the business of the deceased broker for the remainder of the license
year or six months, whichever is the longer period.

(d) The Commission may refuse to issue a license or renewal
thereof to any person who has been convicted in any court of compe-
tent jurisdiction in this or any other state or district of the United
States of any crime which constitutes a violation of any of the pro-
visions of this sub-title and for which a license might be revoked.

228.   (Issue License.) (a) It shall be the duty of the Commission
to issue licenses as real estate broker or real estate salesman to all
applicants who shall be duly qualified under and who shall comply
with the provisions of law and all the requirements of this sub-title
and who give evidence of their intention to engage actively in business
as a real estate broker or to become regularly [employedj engaged
as a salesman by a licensed real estate broker.

229.   (Place of Business.) (a) Every resident real estate broker
shall maintain a definite place of business in this Sta,te, and shall
conspicuously display therein the license of all persons licensed to act
as broker or salesman of such licensee, and shall likewise conspicu-
ously display on the door or outside of the premises named in the
license
a sign bearing the words: "Real Estate", or "Realtor", where
the latter term is authorized;, such sign to be visible from a public
highway or public hallway.
A duplicate license shall be obtained by
every real estate broker for each and every branch office maintained
in this State.

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(b) Notice in writing shall be given to the Commission by each
licensed real estate broker of any change of principal business loca-
tion, whereupon the Commission shall issue a new license for the
unexpired period. The change of business location without notifica-
tion to the Commission shall automatically cancel the license thereto-
fore issued. Whenever the authority of any real estate salesman to
represent the licensed real estate broker named in his license is termi-
nated by action of either the broker or the salesman, it shall be the
duty of such real estate broker to immediately notify the Commission
and at the same time address a notice to such salesman at his last
known address advising the said salesman of the termination of such
authority. Copy of this notice shall accompany the notice to the Com-
mission. It shall be unlawful for any such real estate salesman to
perform any of the acts contemplated by this sub-title or to engage
directly or indirectly in the business of a real estate salesman, until
the Commission, in its discretion, shall issue a new license to such
real estate salesman.

230.    (FEES—RESIDENT.) THE FOLLOWING FEES SHALL
BE CHARGED BY AND PAID TO THE COMMISSION BY RESI-
DENT APPLICANTS.

(A) FOR EACH REAL ESTATE BROKER'S LICENSE A FEE
OF THIRTY DOLLARS ($30.00) AND FOR EACH ANNUAL
REGISTRATION OF SAID LICENSE, THEREAFTER, A FEE OF
THIRTY DOLLARS ($30.00).

 

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Session Laws, 1955
Volume 620, Page 1034   View pdf image (33K)
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