Ch. 563

LAWS OF MARYLAND

pocket card for resident and nonresident licensees in
conformity with changes in the fee structure made
throughout this title. See the General Subcommittee
Comment to this title.

In subsection (a)(1) of this section, standard
language is added to state expressly that which only
was implied in the former law — i.e., applications
may be made only on the form provided by the Board.

In subsection (a)(2) of this section, new language is
added to state expressly that which only was implied
in the former law — i.e., a licensee must submit the
license certificate and pocket card of the licensee to
the Commission to be issued a new license certificate
and pocket card containing the new name of the
licensee or firm.

In subsection (a)(3) of this section, new language is
added, based on the rulemaking power of the
Commission, to clarify that the Commission may require
a licensee to submit documentation regarding any name
change.

In subsection (b) of this section, new language is
added to state expressly that which only was implied
in the former law — i.e., the Commission shall issue
a new license certificate and pocket card containing
the new name of the licensee or firm to a licensee who
meets the requirements of this section.

Defined term: "Commission" § 4-101

4-319. DEATH OF REAL ESTATE BROKER.

(A)  SHORT TERM CONTINUATION OF BUSINESS.

SUBJECT TO THE PROVISIONS OF SUBSECTION (B) OF THIS SECTION,
ON THE DEATH OF A LICENSED REAL ESTATE BROKER, ANY ADULT. MEMBER
OF THE FAMILY OF THE DECEASED BROKER MAY CARRY ON THE BUSINESS OF
THE DECEASED BROKER FOR UP TO 6 MONTHS FOR THE PURPOSE OF WINDING
HP PURPOSES OF CLOSING AND TERMINATING THE BUSINESS.

(B)  QUALIFYING TO CARRY ON BUSINESS.

TO QUALIFY TO CARRY ON THE BUSINESS OF A DECEASED REAL
ESTATE BROKER, A FAMILY MEMBER SHALL:

(1) SURRENDER THE LICENSE CERTIFICATE AND POCKET CARD
OF THE DECEASED REAL ESTATE BROKER TO THE COMMISSION; AND

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