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ROBERT L. EHRLICH, JR., Governor Ch. 200
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information regarding reciprocity agreements with other states; requiring a
person that holds a reciprocal license to provide certain notification to the
Commission under certain circumstances; requiring a person that holds a
reciprocal license to obtain a standard license under certain licensing provisions
under certain circumstances; requiring an applicant to provide certain proof at
the time of application for renewal of a reciprocal license; defining certain terms;
altering a certain definition; and generally relating to real estate licenses.
BY repealing and reenacting, with amendments,
Article - Business Occupations and Professions
Section 17-101(g) and 17-322(b)(33) and (34) and (c)
Annotated Code of Maryland
(2004 Replacement Volume and 2005 Supplement)
BY adding to
Article - Business Occupations and Professions
Section 17-322(b)(35); and 17-3A-01 through 17-3A 11 17-3A-10, inclusive,
to be under the new subtitle "Subtitle 3A. Reciprocity"
Annotated Code of Maryland
(2004 Replacement Volume and 2005 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Business Occupations and Professions
17-101.
(g) (1) "License" means, unless the context requires otherwise, a license
issued by the Commission.
(2) "License" includes, unless the context requires otherwise:
(i) a real estate broker license;
(ii) an associate real estate broker license; [and]
(iii) a real estate salesperson license;
(IV) A RECIPROCAL LICENSE, AS DEFINED IN § 17-3A-01 OF THIS
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TITLE; AND
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(V) A STANDARD LICENSE, AS DEFINED IN § 17-3A-01 OF THIS
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TITLE.
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17-322.
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(b) Subject to the hearing provisions of § 17-324 of this subtitle, the
Commission may deny a license to any applicant, reprimand any licensee, or suspend
or revoke a license if the applicant or licensee:
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- 937 -
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