Ch. 563

LAWS OF MARYLAND

(6) (7) § 4-603 ["REAL ESTATE BROKERAGE SERVICES BY
UNAUTHORIZED INDIVIDUALS; LENDING LICENSE OF REAL ESTATE
BROKER"];

(7) (8) § 4-604 ["PAYING COMPENSATION"];

(8) (9) § 4-605 ["PROHIBITED PAYMENTS TO LAWYERS;
SOLICITING REFERRAL BUSINESS"];

(9) (10) § 4-606 ["ADVERTISEMENTS ON PROPERTY SHOWING
COST AND CAPITALIZATION OF GROUND RENT"];

(10) (11) § 4-607 ["DESIGNATION OF TITLE INSURANCE,
SETTLEMENT, OR ESCROW COMPANY OR TITLE LAWYER"];

(11) (12) § 4-608 ["BLOCKBUSTING"];

(12) (13) § 4-609 ["SOLICITATION OF RESIDENTIAL
LISTINGS"];

(13) (14) § 4-610 ["FILING FALSE STATEMENT REGARDING
GUARANTY FUND"]; AND

(14) (15) § 4-611 ["VIOLATION OF SUSPENSION ORDER —
REAL ESTATE CONSERVATION AREAS"].

(B) VIOLATIONS BY CORPORATION, PARTNERSHIP, OR OTHER
ASSOCIATION.

A CORPORATION, PARTNERSHIP, OR ANY OTHER ASSOCIATION THAT
VIOLATES § 4-612 ["VIOLATIONS BY CORPORATION, PARTNERSHIP, OR
OTHER ASSOCIATION"] OF THIS SUBTITLE IS GUILTY OF A MISDEMEANOR
AND ON CONVICTION IS SUBJECT TO A FINE NOT EXCEEDING $5,000.

SUBCOMMITTEE COMMENT: Subsection (a)(1) of this section is
new language added, on the recommendation of the Joint
Subcommittee on the Business Occupations Article, to
state expressly that which was only implied in the
former law — i.e., that a person who violates any
provision of § 4-502 ["Handling of trust money"] of
this subtitle is guilty of a misdemeanor, and to
provide that, on conviction, the person is subject to
a fine not exceeding $5,000 or imprisonment not
exceeding 1 year or both.

Subsection (a)(2) of this section is new language
derived without substantive change from the first
clause of former Art. 56, § 230D(h).

Subsection (a)(3) of this section is new language
derived in part without substantive change from the
first clause of former Art. 56, § 230E(g). On the
recommendation of the Joint Subcommittee on the

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