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Session Laws, 1988
Volume 770, Page 3778   View pdf image
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Ch. 563

LAWS OF MARYLAND

with changes in the fee structures made throughout
this title. See the General Subcommittee Comment to
this title.

Item (5) of this section is new language added to
state expressly that an applicant for a real estate
broker license must have a credit report submitted to
the Commission. The power of the Commission to
require an applicant to submit a credit report was
implicit in former Art. 56, § 220, which authorized
the Commission to require an applicant to submit
"other information" and proof of the good character
and reputation of the applicant and to adopt
regulations regarding the application process. Item
(5) of this section conforms to the current practice
of the Commission.

Item (6) of this section is new language substituted
for the requirement, in the first sentence of former
Art. 56, § 221(a), that applicants for a real estate
salesperson license "give evidence of their intention
... to become regularly engaged as a salesman by a
licensed real estate broker." The substituted
language clarifies that an applicant for an associate
real estate broker license, as well as an applicant
for a real estate salesperson license, must submit to
the Commission adequate evidence that the applicant
has obtained from a licensed real estate broker a
commitment for the applicant to become affiliated with
the real estate broker as a real estate salesperson or
an associate real estate broker on the granting of a
real estate salesperson license or an associate real
estate broker license to the applicant. The
substituted language conforms to the current practice
of this Commission.

Item (7) of this section is new language added to
require an applicant currently licensed as a real
estate salesperson or an associate real estate broker
to submit to the Commission a copy of the required
written notice informing each real estate broker with
whom the applicant currently is affiliated that the
applicant intends to affiliate with an additional real
estate broker or to obtain a real estate broker
license. This addition provides the Commission with
information to determine whether the applicant has
complied with the applicable notifications
requirements of § 4-313 of this subtitle.

Item (8) of this section is new language added as a
reference to the first clause of former Art. 56, §
219(d) — now § 4-514 of this title.

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Session Laws, 1988
Volume 770, Page 3778   View pdf image
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