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Session Laws, 1988
Volume 770, Page 3897   View pdf image
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WILLIAM DONALD SCHAEFER, Governor Ch. 563

Business Occupations Article, new language is added to
increase the fine to an amount not exceeding $5,000.
In addition, new language is added, on the
recommendation of the Joint Subcommittee, to provide
that on conviction of a violation of § 4-524
["Discriminatory real estate practices in Montgomery
County"] a person is also subject to imprisonment not
exceeding 1 year or both a fine and imprisonment.
These changes are made in conformity with changes made
throughout this section to provide a uniform set of
penalties for all violations.

Subsection (a)(4) of this section is new language
added to prohibit violation of § 4-526 of this title
and to provide a penalty for that violation.

Subsection (a)(5) of this section is new language
derived in part without substantive change from former
Art. 56, § 231, as it related to the penalty for
providing real estate brokerage services without a
license. New language is added, on the recommendation
of the Joint Subcommittee on the Business Occupations
Article, to increase the fine to an amount not
exceeding $5,000 in conformity with changes made
throughout this section to provide a uniform set of
penalties for all violations.

Subsection (a)(6) of this section is new language
derived in part without substantive change from former
Art. 56, § 231, as it related to the penalty for
misrepresenting that a person is authorized to provide
real estate brokerage services. On the recommendation
of the Joint Subcommittee on the Business Occupations
Article, new language is added to increase the fine to
an amount not exceeding $5,000 in conformity with
changes made throughout this section to provide a
uniform set of penalties for all violations.

Subsection (a)(7) of this section is new language
derived in part without substantive change from former
Art. 56, § 231, as it related to the penalty for a
broker retaining an unlicensed individual to provide
real estate services on behalf of the broker. New
language is added, on the recommendation of the Joint
Subcommittee on the Business Occupations Article, to
increase the fine to an amount not exceeding $5,000.
In addition, the scope of the penalty is expanded, on
the recommendation of the Joint Subcommittee, to apply
to a violation of § 4-603(a) ["Provision of real
estate brokerage services by unauthorized
individuals") or (c) ["Lending license of real estate
broker"] of this subtitle. These changes are made in
conformity with changes made throughout this section

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Session Laws, 1988
Volume 770, Page 3897   View pdf image
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