986                              Laws of Maryland                      [Ch. 446

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1971.

Approved May 17, 1971.

CHAPTER 446
(Senate Bill 317)

AN ACT to repeal and re-enact, with amendments, Sections 224(b),
(h) and (q) of Article 56 of the Annotated Code of Maryland
(1968 Replacement Volume), title "Licenses," subtitle "Real
Estate Brokers," to provide grounds for the revocation or suspen-
sion of a real estate license; to change the REQUIREMENT AS
TO time during which real estate brokers must account for or
remit AS SOON AS POSSIBLE certain moneys coming into their
possession; from a reasonable time to thirty days; to remove the
requirement of a court certification of a conviction of a violation
of the real estate law prior to revocation of a license; and gen-
erally relating to the suspension and revocation of real estate
licenses.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 224(b), (h) and (q) of Article 56 of the Annotated
Code of Maryland (1968 Replacement Volume), title "Licenses,"
subtitle "Real Estate Brokers," be and they are hereby repealed and
re-enacted, with amendments, to read as follows:

224.

(b) [Pursuing a continued and flagrant course of misrepresenta-
tion, or making of false promises directly or through agents or sales-
men or advertising or otherwise,] Willful misrepresentation or
knowingly making a false promise directly or through agents or
salesmen, or otherwise, or

(h) Failing, PROMPTLY TO ACCOUNT FOR AND within [a
reasonable time,] thirty (30) FORTY-FIVE (45) days to account
for or to remit AS SOON AS POSSIBLE any moneys coming into
his possession which belongs to others, or failing to promptly fur-
nish 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 ;[(]; except that nothing
in this subsection shall be construed to authorize any such broker
or salesman personally to prepare any such legal papers, or

(q) Conviction by a court of competent jurisdiction of any li-
censee under this subtitle of any act which constitutes a violation
of this subtitle [; and that upon certification of such conviction by
the court to the Maryland Real Estate Commission] and that upon
such FINAL conviction AND EXPIRATION OF THE PERIOD
FOR APPEAL, the Commission shall have the right to revoke license
without hearing.