Ch. 563

LAWS OF MARYLAND

RESPONSIBLE FOR THE PROVISION OF REAL ESTATE BROKERAGE SERVICES
THROUGH THE CORPORATION OR PARTNERSHIP; AND

(3) SHALL SUBMIT NOTICE TO THE COMMISSION AS PROVIDED
IN SUBSECTION (C) OF THIS SECTION.

(C)  NOTICE.

(1)  BEFORE A LICENSED REAL ESTATE BROKER MAY PROVIDE
REAL ESTATE BROKERAGE SERVICES THROUGH A CORPORATION OR
PARTNERSHIP, THE BROKER SHALL SUBMIT A NOTICE TO THE COMMISSION
STATING THE BROKER'S INTENT TO PROVIDE SERVICES THROUGH A
CORPORATION OR PARTNERSHIP. THE NOTICE SHALL INCLUDE:

(I)  THE NAME OF THE REAL ESTATE BROKER
SUBMITTING THE NOTICE;

(II)  A STATEMENT THAT THE NAMED INDIVIDUAL HAS
BEEN DESIGNATED AS THE BROKER OF THE FIRM;

(III)  THE ADDRESS OF THE FIRM'S PRINCIPAL PLACE
OF BUSINESS AND OF EACH PROPOSED BRANCH OFFICE;

(IV)  ANY TRADE OR FICTITIOUS NAME THAT THE FIRM
INTENDS TO USE WHILE CONDUCTING THE BUSINESS OF THE FIRM;

(V)  A LIST OF ALL THE LICENSED ASSOCIATE REAL
ESTATE BROKERS AND LICENSED REAL ESTATE SALESPERSONS WHO WILL BE
AFFILIATED WITH THE BROKER OF THE FIRM; AND

(VI)  ANY OTHER INFORMATION THAT THE COMMISSION
MAY REQUIRE BY REGULATION.

(2)  THE COMMISSION MAY SET BY REGULATION PROCEDURES
FOR MAINTAINING CURRENT INFORMATION REGARDING ANY CORPORATION OR
PARTNERSHIP THROUGH WHICH REAL ESTATE BROKERAGE SERVICES ARE
PROVIDED.

(D)  INDIVIDUAL LICENSES REQUIRED.

(1) AN INDIVIDUAL MAY PROVIDE REAL ESTATE BROKERAGE
SERVICES THROUGH A FIRM ONLY IF THE INDIVIDUAL IS:

(I)  THE INDIVIDUAL IS THE LICENSED REAL ESTATE
BROKER WHO HAS BEEN DESIGNATED AS THE BROKER OF THE FIRM; OR

(II) A LICENSED ASSOCIATE REAL ESTATE BROKER OR
LICENSED REAL ESTATE SALESPERSON WHO IS AFFILIATED WITH AND
PROVIDES THE SERVICES ON BEHALF OF THE BROKER OF THE FIRM.

(II) THE INDIVIDUAL:

- 3816 -