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Session Laws, 1988
Volume 770, Page 3822   View pdf image
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Ch. 563

LAWS OF MARYLAND

(22)  FAILS TO ACCOUNT FOR OR TO REMIT PROMPTLY ANY
MONEY THAT COMES INTO THE POSSESSION OF THE LICENSEE, BUT BELONGS
TO ANOTHER PERSON;

(23)  PAYS OR RECEIVES A REBATE, PROFIT, COMPENSATION,
OR COMMISSION IN VIOLATION OF ANY PROVISION OF THIS TITLE;

(24)  PLEADS GUILTY OR NOLO CONTENDERE WITH RESPECT
TO, RECEIVES PROBATION BEFORE JUDGMENT WITH RESPECT TO, OR IS
CONVICTED OF:

(I)  FORGERY, THEFT, EXTORTION, CONSPIRACY TO
DEFRAUD, OR A SIMILAR CRIME;

(II)  A CRIME INVOLVING MORAL TURPITUDE; OR

(III)  A CRIME THAT CONSTITUTES A VIOLATION OF
ANY PROVISION OF THIS TITLE;

(25)  ENGAGES IN CONDUCT THAT DEMONSTRATES BAD FAITH,
INCOMPETENCY, OR UNTRUSTWORTHINESS OR THAT CONSTITUTES DISHONEST,
FRAUDULENT, OR IMPROPER DEALINGS;

(26)  WITH ACTUAL KNOWLEDGE OF THE VIOLATION,
ASSOCIATES WITH A LICENSEE IN A TRANSACTION OR PRACTICE THAT
VIOLATES ANY PROVISION OF THIS TITLE;

(27)  VIOLATES § 4-320(C) OF THIS SUBTITLE BY FAILING
AS A REAL ESTATE BROKER TO EXERCISE REASONABLE AND ADEQUATE
SUPERVISION OVER THE PROVISION OF REAL ESTATE BROKERAGE SERVICES
BY ANOTHER INDIVIDUAL ON BEHALF OF THE BROKER;

(28)  PROVIDES TO A PARTY A CONTRACT THAT DOES NOT
CONTAIN A NOTICE OF THE BUYER'S RIGHT OF SELECTION, AS REQUIRED
BY § 4-523 OF THIS TITLE;

(29)  REQUIRES A BUYER TO EMPLOY A PARTICULAR TITLE
INSURANCE COMPANY, SETTLEMENT COMPANY, ESCROW COMPANY, OR TITLE
LAWYER IN VIOLATION OF § 4-607 OF THIS TITLE;

(30)  VIOLATES ANY PROVISION OF SUBTITLE 5 OF THIS
TITLE THAT RELATES TO TRUST MONEY;

(31)  VIOLATES ANY OTHER PROVISION OF THIS TITLE; OR

(32)  VIOLATES ANY REGULATION ADOPTED UNDER THIS TITLE
OR ANY PROVISION OF THE CODE OF ETHICS.

SUBCOMMITTEE COMMENT: This section is new language derived
without substantive change from former Art. 56, §§
217(d), 227A(c), and 227C(c), § 224(b) through (o) and
(r) through (v) and the first sentence of (a), as
that sentence related to suspending or revoking a

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Session Laws, 1988
Volume 770, Page 3822   View pdf image
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