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Session Laws, 1975
Volume 716, Page 1159   View pdf image
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MARVIN MANDEL, Governor

1159

hereby repealed and re—enacted, with amendments, to read
as follows:

Article 56 — Licenses

217.

(c) (1) The Commission [shall have the power to]
MAY require all applicants for a license under this
subtitle to act as real estate broker or as a real estate
salesman, including members of copartnerships and
associations and officers of corporations, to present
reasonable proof of graduation from a recognized
elementary school, or that they have, in the judgment of
the Commission, acquired comparable educational
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 three years, practical experience in selling real
estate as a licensed real estate salesman] ACTIVELY AND
LAWFULLY ENGAGED, FOR NO LESS THAN THREE YEARS AS A
LICENSED REAL ESTATE SALESMAN. IN ANY OF THE ACTIVITIES
DEFINED IN § 212(A) 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]. 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] HAS
been suspended or revoked for cause as provided in §224
of this subtitle[; and provided further that any], ANY
licensed real estate broker going into the armed services
of his country [shall have the right to] MAY 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]. UPON the
death of any licensed broker, any adult member of his
family [shall have the right to] MAY carry on the
business of the deceased broker for the remainder of the
license year or six months, whichever is the longer

 

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Session Laws, 1975
Volume 716, Page 1159   View pdf image
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