Ch. 563                                          LAWS OF MARYLAND

SALESPERSON INTENDS TO AFFILIATE WITH AN ADDITIONAL REAL ESTATE
BROKER; AND

(V) COMPLIES WITH THE APPLICATION PROCEDURES
UNDER SUBSECTION (I) OF THIS SECTION.

(C)  SALESPERSON OBTAINING BROKER LICENSE.

A LICENSED REAL ESTATE SALESPERSON MAY OBTAIN A REAL ESTATE
BROKER LICENSE, IF THE SALESPERSON:

(1)  (I) MEETS THE REQUIREMENTS FOR A REAL ESTATE
BROKER LICENSE UNDER § 4-305 OF THIS SUBTITLE;

(II)  GIVES EACH REAL ESTATE BROKER WITH WHOM
THE SALESPERSON CURRENTLY IS AFFILIATED WRITTEN NOTICE THAT THE
SALESPERSON INTENDS TO OBTAIN A REAL ESTATE BROKER LICENSE; AND

(III)  COMPLIES WITH THE APPLICATION PROCEDURES
UNDER § 4-307 OF THIS SUBTITLE; OR

(2)  (I) HAS PREVIOUSLY HELD AN ASSOCIATE REAL ESTATE
BROKER LICENSE OR A REAL ESTATE BROKER LICENSE;

(II)  HAS HELD A LICENSE CONTINUOUSLY SINCE
INITIALLY BEING LICENSED AS AN ASSOCIATE REAL ESTATE BROKER OR A
REAL ESTATE BROKER;

(III)  GIVES EACH REAL ESTATE BROKER WITH WHOM
THE SALESPERSON CURRENTLY IS AFFILIATED WRITTEN NOTICE THAT THE
SALESPERSON INTENDS TO OBTAIN A REAL ESTATE BROKER LICENSE; AND

(IV)  COMPLIES WITH THE APPLICATION PROCEDURES
UNDER SUBSECTION (I) OF THIS SECTION.

(D)  ASSOCIATE BROKER OBTAINING ADDITIONAL ASSOCIATE BROKER
LICENSE.

A LICENSED ASSOCIATE REAL ESTATE BROKER MAY OBTAIN AN
ADDITIONAL ASSOCIATE REAL ESTATE BROKER LICENSE AND BECOME
AFFILIATED WITH AN ADDITIONAL LICENSED REAL ESTATE BROKER AS AN
ASSOCIATE REAL ESTATE BROKER, IF THE ASSOCIATE BROKER:

(1)  OBTAINS, FROM AN ADDITIONAL LICENSED REAL ESTATE
BROKER, A COMMITMENT PROVIDING THAT THE ASSOCIATE BROKER SHALL
BECOME AFFILIATED WITH THE BROKER AS AN ASSOCIATE REAL ESTATE
BROKER ON THE GRANTING OF AN ADDITIONAL ASSOCIATE REAL ESTATE
BROKER LICENSE TO THE ASSOCIATE BROKER;

(2)  GIVES EACH REAL ESTATE BROKER WITH WHOM THE
ASSOCIATE BROKER CURRENTLY IS AFFILIATED WRITTEN NOTICE THAT THE
ASSOCIATE BROKER INTENDS TO AFFILIATE WITH AN ADDITIONAL REAL
ESTATE BROKER; AND

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