WILLIAM DONALD SCHAEFER, Governor Ch. 563

(3) A FEE FOR ISSUANCE OF A NEW LICENSE CERTIFICATE
AND POCKET CARD OF $5.

(B)  ISSUANCE OF NEW LICENSE CERTIFICATE AND POCKET CARD.

ON RECEIPT OF THE NOTICE, FEE, LICENSE CERTIFICATE, AND
POCKET CARD, THE COMMISSION SHALL ISSUE A NEW LICENSE CERTIFICATE
AND POCKET CARD TO THE BROKER FOR THE UNEXPIRED PERIOD OF THE
BROKER'S LICENSE.

(C)  NOTIFICATION OF CHANGE IN LOCATION OF BRANCH OFFICE.

WITHIN THE TIME ESTABLISHED BY THE COMMISSION, A REAL ESTATE
BROKER SHALL SUBMIT TO THE COMMISSION:

(1)  WRITTEN NOTICE OF ANY CHANGE IN THE ADDRESS OF A
BRANCH OFFICE OF THE BROKER ON THE FORM THAT THE COMMISSION
PROVIDES;

(2)  THE BRANCH OFFICE CERTIFICATE; AND

(3)  A FEE FOR THE ISSUANCE OF A NEW BRANCH OFFICE
CERTIFICATE OF $5.

(D)  ISSUANCE OF NEW BRANCH OFFICE CERTIFICATE.

ON RECEIPT OF THE NOTICE, FEE, AND BRANCH OFFICE
CERTIFICATE, THE COMMISSION SHALL ISSUE A NEW BRANCH OFFICE
CERTIFICATE TO THE BROKER FOR THE UNEXPIRED PERIOD OF THE BRANCH
OFFICE CERTIFICATE.

(E)  FAILURE TO SUBMIT NOTICE.

IF A REAL ESTATE BROKER CHANGES THE ADDRESS OF THE PRINCIPAL
OFFICE OR A BRANCH OFFICE OF THE BROKER AND FAILS TO SUBMIT THE
REQUIRED NOTICE, THE LICENSE OF THE BROKER SHALL BE SUSPENDED
AUTOMATICALLY UNTIL THE BROKER SUBMITS THE REQUIRED NOTICE.

SUBCOMMITTEE COMMENT: Subsection (a)(1) of this section is
new language derived without substantive change from
the first clause of the first sentence of former Art.
56, § 222(b).

Subsection (a)(2) of this section is new language
added to require a real estate broker to submit the
license certificate and pocket card along with the
written notice of any change in the address of the
principal office of the broker. This conforms to the
current practice of the Commission.

Subsection (a)(3) of this section is new language
derived in part without substantive change from former
Art. 56, § 223(f) and the introductory language of

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