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Session Laws, 1964
Volume 672, Page 251   View pdf image (33K)
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J. MILLARD TAWES, Governor                      251

qualifications through other sources and in either event that they are
trustworthy and qualified to perform the functions authorized by the
license applied for and, when the application is for a license as a
real estate broker, including evidence that they have had no less
than [two] three years' practical experience in selling real estate
as a licensed real estate salesman or that they are duly qualified to
practice law in this State. All applicants for a license as a real
estate broker under this sub-title shall be required to pass a reason-
able written examination as to their qualifications to perform the
functions authorized under the license applied for and that they
possess adequate knowledge as to the general procedure for handling
real estate transactions so as to properly protect the interest of those
whom they may represent in such transactions, provided that all
persons who hold such a license under the provisions of this sub-title
on June 1, 1955, shall be entitled to a renewal of their license upon
applying therefor and paying the prescribed fee unless their license
shall have been suspended or revoked for cause as provided in Section
224 of this sub-title; and provided further that any licensed real
estate broker going into the armed services of his country shall have
the right to designate his attorney, any adult member of his im-
mediate family or any salesman licensed in his office to supervise and
carry on his business during the period of such service, and that
the license of any such broker shall be renewed during such period
on application by the person so 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, which-
ever is the longer period.

218.

(b) Each and every member or officer of a partnership, associa-
tion, or corporation, who will perform or engage in any of the acts
specified in Section 212 (a) of this sub-title, other than the desig-
nated member or officer by the partnership, association or corpora-
tion in the manner above provided, shall be required to make appli-
cation for and take out a separate [broker's] license as an associate
broker
in his or her own name [individually]; provided, however,
that the license issued to any such member or officer of a partner-
ship, association, or corporation shall entitle such member or officer
to act as an associate real estate broker only as officer or agent of
said partnership, association, or corporation in association with the
broker designated as provided in sub-section (a) above,
and not on
his or her own behalf.

223.

(a) For each real estate broker's license a fee of [thirty] forty

dollars [($30.00] ($40.00) and for each annual registration of said

license, thereafter, a fee of [thirty] forty dollars [($30.00)]

($40.00).

(b)  For taking any written examination in order to be a real
estate broker, a fee of [three] five dollars [($3.00)] ($5.00), or real
estate salesman, a fee of three dollars ($3.00).

223.

(c)   For each license as a real estate broker or associate real estate
broker
issued to a member of a partnership, association, or officer of

 

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Session Laws, 1964
Volume 672, Page 251   View pdf image (33K)
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