WILLIAM DONALD SCHAEFER, Governor

Ch. 563

SUBCOMMITTEE COMMENT: This section is new language derived
without substantive change from former Art. 56, §
219(e).

The former law purported to authorize, under certain
conditions, the division of fees between "resident
licensees" and "nonresident brokers". The new
language of this section clarifies that the division
may be made between an individual licensed under this
title — regardless of where the individual resides —
and an individual licensed by another state to provide
real estate brokerage services.

Defined terms: "Provide real estate brokerage

services" § 4-101
"Real estate" § 4-101 "State" § 1-101

4-514. SERVICE OF PROCESS ON AND VENUE FOR NONRESIDENT
LICENSEES.

(A)  CONSENT REQUIRED.

A NONRESIDENT APPLICANT FOR A LICENSE SHALL FILE WITH THE
COMMISSION AN IRREVOCABLE CONSENT, AS PROVIDED UNDER THIS
SECTION.

(B)  CONTENTS OF CONSENT.

THE CONSENT REQUIRED UNDER THIS SECTION SHALL:

(1)  SPECIFY THAT SERVICE OF PROCESS ON THE EXECUTIVE
DIRECTOR OF THE COMMISSION SHALL BIND THE APPLICANT IN ANY
ACTION, SUIT, OR PROCEEDING BROUGHT AGAINST THE APPLICANT;

(2)  SPECIFY THAT AN ACTION, SUIT, OR PROCEEDING MAY
BE BROUGHT AGAINST THE APPLICANT IN ANY COUNTY IN WHICH:

(I)  THE CAUSE OF ACTION AROSE; OR

(II)  THE PLAINTIFF RESIDES;

(3)  SPECIFY THAT THE CONSENT IS IRREVOCABLE; AND

(4)  BE SIGNED BY THE APPLICANT.

(C)  COMPLIANCE REQUIRED AS CONDITION FOR LICENSE ISSUANCE.

THE COMMISSION MAY NOT ISSUE A LICENSE TO A NONRESIDENT
APPLICANT, UNLESS THE NONRESIDENT APPLICANT COMPLIES WITH THE
REQUIREMENTS OF SUBSECTIONS (A) AND (B) OF THIS SECTION.

(D)  SERVICE; VENUE.

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