Ch. 563

LAWS OF MARYLAND

TO TRANSFER AFFILIATION UNDER THIS SECTION, A QUALIFIED REAL
ESTATE SALESPERSON OR ASSOCIATE REAL ESTATE BROKER SHALL:

(1)  SURRENDER THE LICENSE CERTIFICATE AND POCKET CARD
OF THE SALESPERSON OR ASSOCIATE BROKER TO THE COMMISSION;

(2)  SUBMIT TO THE COMMISSION A TRANSFER APPLICATION
ON THE FORM THAT THE COMMISSION PROVIDES;

(3)  SUBMIT TO THE COMMISSION:

(I)  ACKNOWLEDGMENT FROM THE LICENSED REAL
ESTATE BROKER WITH WHOM THE SALESPERSON OR ASSOCIATE BROKER
CURRENTLY IS AFFILIATED THAT THE AFFILIATION IS TERMINATED; OR

(II)  A STATEMENT FROM THE SALESPERSON OR
ASSOCIATE BROKER THAT THE CURRENT AFFILIATION OF THE SALESPERSON
OR ASSOCIATE BROKER IS TERMINATED;

(4)  SUBMIT TO THE COMMISSION ADEQUATE EVIDENCE THAT
THE SALESPERSON OR ASSOCIATE BROKER HAS OBTAINED, FROM A LICENSED
REAL ESTATE BROKER, A COMMITMENT PROVIDING THAT THE SALESPERSON
OR ASSOCIATE BROKER SHALL BECOME AFFILIATED WITH THE BROKER AS A
REAL ESTATE SALESPERSON OR AN ASSOCIATE REAL ESTATE BROKER ON
CANCELLATION OF THE CURRENT AFFILIATION OF THE SALESPERSON OR
BROKER AND ISSUANCE OF A NEW LICENSE CERTIFICATE AND POCKET CARD
TO THE SALESPERSON OR BROKER; AND

(5)  PAY TO THE COMMISSION A TRANSFER FEE OF $10.

(D) ISSUANCE OF LICENSE CERTIFICATE AND POCKET CARD.

ON COMPLIANCE BY THE APPLICANT WITH THE PROCEDURES OF
SUBSECTION (C) OF THIS SECTION, THE COMMISSION SHALL ISSUE A NEW
LICENSE CERTIFICATE AND POCKET CARD TO EACH REAL ESTATE
SALESPERSON AND ASSOCIATE REAL ESTATE BROKER WHO MEETS THE
APPLICABLE REQUIREMENTS UNDER THIS SUBTITLE.

SUBCOMMITTEE COMMENT: Subsections (a) and (b) of this
section are new language added to state expressly that
a licensed real estate salesperson or associate real
estate broker may transfer affiliation from a licensed
real estate broker to another licensed real estate
broker, if certain requirements are met. The
additions conform to the current practice of the
Commission.

Subsection (c)(1), (3), and (4) of this section is new
language added to state expressly that, to transfer
affiliation from a licensed real estate broker to
another licensed real estate broker, a qualified real
estate salesperson or associate real estate broker
must surrender the license certificate and pocket card

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