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Session Laws, 1988
Volume 770, Page 3870   View pdf image
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LAWS OF MARYLAND

The reference to a "resident" real estate broker is
deleted to clarify that a licensed real estate broker
who is a nonresident of the State may maintain branch
offices in the State.

Subsection (b) of this section is new language derived
without substantive change from the second sentence of
former Art. 56, § 222(a).

Subsection (c)(1)(i) of this section is standard
language added to state expressly that which only was
implied in the former law — i.e., an application may
be made only on the form provided by the Commission.

Subsection (c)(1)(ii) of this section is new language
derived without substantive change from the third
sentence of former Art. 56, § 222(c).

Subsection (c)(1)(iii) of this section is new language
derived in part without substantive change from former
Art. 56, § 223(e) and the introductory language of
that section. In addition, this item has been
revised, on the recommendation of the Joint
Subcommittee on the Business Occupations Article, to
establish a uniform application fee for resident and
nonresident applicants in conformity with changes in
the fee structure made throughout this title. See the
General Subcommittee Comment to this title.

Subsection (c)(2) of this section is new language
added to state expressly that which only was implied
in the former law — i.e., the Commission shall issue
a branch office certificate to each licensed real
estate broker who meets the requirements of this
section.

Subsection (d) of this section is new language derived
without substantive change from the second sentence of
former Art. 56, § 222(c).

Subsection (e)(1) of this section is new language
derived in part without substantive change from former
Art. 56, § 223(e), as it related to the biennial term
of a branch office certificate. New language is added
to state expressly that a branch office certificate
expires on April 30 of each even-numbered year. This
conforms to the current practice of the Commission.

Subsection (e)(2)(i) of this section is in part
standard language added to state expressly that which
only was implied in the former law — i.e., a renewal
application may be made only on the form provided by
the Commission, and in part new language added to

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Session Laws, 1988
Volume 770, Page 3870   View pdf image
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