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Session Laws, 1955
Volume 620, Page 1036   View pdf image (33K)
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1036                             LAWS OF MARYLAND                       [CH. 631

estate salesman, or any person who shall assume to act in either such
capacity within this State, and shall have the power to suspend or
revoke any license issued under the provisions of this sub-title, at
any time where the licensee has by false or fraudulent representation
obtained a license, or where the licensee in performing or attempting
to perform any of the acts mentioned herein, is deemed to be guilty of:

[a]  (b) Pursuing a continued and flagrant course of misrepre-
sentation, or making of false promises directly or through agents or
salesmen or advertising or otherwise, or

[b]  (c) Using any contract form for the listing of property for
sale, rent or exchange or any contract form for the sale, rent or ex-
change of property or any advertising matter which includes the
name of any association or organization of which the licensee is not
a member, or

[c]  (d) [Employing] Retaining the services of any person as a
salesman on a purely temporary or single-deal basis as a means of
evading the law regarding payment of commissions to non-licensed
persons on some contemplated transaction, or

[d]  (e) Acting for more than one party in a transaction without
the knowledge of all parties for whom he acts, or

[e]  (f) Accepting a commission or valuable consideration as a
real estate salesman for the performance of any of the acts specified
in this subtitle from any person except [his employer who must be
a licensed real estate broker, or] the real estate broker named in his
license, or

[f] (g) Representating or attempting to reprsent [a] any other
real estate broker [other than the employer] as a real estate salesman
without the express knowledge and consent of the [employer] broker
named in his license,
or

[g] (h) failing, within a reasonable time, to account for or to
remit any moneys coming into his possession which belong to others,
or failing to promptly furnish a duplicate copy of all listing contracts
to sell or rent property or of any lease or contract of sale, when
prepared by the licensee, to all parties to any such contracts or leases,
or failure of such licensee to retain a copy of such contracts
(EX-
CEPT THAT NOTHING IN THIS SUB-SECTION SHALL BE
CONSTRUED TO AUTHORIZE ANY SUCH BROKER OR SALES-
MAN PERSONALLY TO PREPARE ANY SUCH LEGAL
PAPERS), or

[h] (i) Disregard or violation of any provisions of this sub-title,
or

[i] (J) Any misleading or untruthful advertising, [or] including
advertising property for sale or for rent as an agent or broker with-
out disclosing in such advertising the name of the advertiser or the
fact that he is an agent or broker, or where any such advertising is
published over the name of a licensed real estate salesman, failure
to disclose in such advertisement the name of the broker whom such
salesman is licensed to represent, or

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

 

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Session Laws, 1955
Volume 620, Page 1036   View pdf image (33K)
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