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MARVIN MANDEL, Governor 779
licensed real estate salesman and that they have
successfully completed a course of instruction approved
by the Real Estate Commission or that they are duly
qualified to practice law in this State. All applicants
for a license as a real estate broker under this subtitle
shall be required to pass a reasonable 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
subtitle on September 1, 1967 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 § 224
of this subtitle; 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 immediate 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,
whichever is the longer period. On and after July 1,
1969, upon the death of any licensed broker, any one
member of his immediate family who has been licensed as a
real estate salesman for [five (5)] THREE years
previously and continuously, by application to the Real
Estate Commission and payment of the required fee shall
be licensed as a real estate broker after having passed
the real estate brokers license examination without the
necessity of having fulfilled the educational
requirements before taking the examination.. Such license
shall remain in force for a period of four (4) years
during which the broker oust fulfill the educational
requirements that were required at the time of his
examination. Failure to complete the educational
requirements will be cause for nonrenewal by the
Commission.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1974.
Approved April 9, 1974.
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