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Session Laws, 1988
Volume 770, Page 4867   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                   Ch. 751

sell property unless such contract provides for a definite
termination date without notice from either party, or the
acceptance of any such listing contract which provides for a
"net" return to the vendor, leaving the licensee free to sell the
property at any price he can obtain in excess of the "net" price
named by the vendor, or

(p) Revocation of the license of a nonresident of this
State licensed under this subtitle by the real estate commission
of the state or district in which such nonresident licensee is a
resident, provided the license commission so revoking a license
has certified such action to the Maryland Real Estate Commission,
and in such cases the Maryland Real Estate Commission shall have
the right to revoke the Maryland license without hearing as
provided in § 225, or

(q) Conviction by a court of competent jurisdiction of any
licensee under this subtitle of any act which constitutes a
violation of this subtitle and that upon such final conviction
and expiration of the period for appeal, the Commission shall
have the right to revoke license without hearing, or

(r) Negligence, or failure to disclose or to ascertain and
disclose to any person with whom such licensee is dealing, any
material fact, data, or information, concerning or relating to
the property with which such licensee is dealing, which such
licensee knew or should have known, or

(s) Any act or conduct whether of the same or a different
character than hereinabove specified which constitutes or
demonstrates bad faith, incompetency or untrustworthiness, or
dishonest, fraudulent, or improper dealings; or a conviction for
a crime involving an act of moral turpitude, or

(t) Any unlawful act or violation of any of the provisions
of this subtitle by any licensee, shall not be cause for the
suspension or revocation of a license of any licensee with whom
the offender is associated in any manner whatsoever, unless it
shall appear to the satisfaction of the Commission that the
licensee or licensees with whom the offender is associated had
actual knowledge of the violation or violations, or

(u) Violating any provision of a regulation or of the code
of ethics theretofore adopted by the Commission, or

(v) Knowingly inducing or attempting to induce another
person to transfer an interest in real property located in
developed or high density areas as defined by the Commission,
whether or not acting for monetary gain, or discouraging another
person from purchasing real property, by representations
regarding the existing or potential proximity of real property
owned, used, or occupied by persons of any particular race,
color, religion, or national origin, or representing that the

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Session Laws, 1988
Volume 770, Page 4867   View pdf image
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