Ch. 3

LAWS OF MARYLAND

The only changes are in style.

Defined terms: "Affiliate" § 16-101

"Associate real estate broker" § 16-101

"License" § 16-101

"Licensed real estate broker" § 16-101

"Person" § 1-101

"Provide real estate brokerage services" § 16-101

"Real estate broker" § 16-101

"Real estate salesperson" § 16-101

16-311. TRANSFER OF AFFILIATION.

(A)  REAL ESTATE SALESPERSON.

A LICENSED REAL ESTATE SALESPERSON MAY TRANSFER AFFILIATION
FROM A LICENSED REAL ESTATE BROKER TO ANOTHER LICENSED REAL
ESTATE BROKER, IF THE REAL ESTATE SALESPERSON:

(1)  OBTAINS, FROM THE OTHER LICENSED REAL ESTATE
BROKER, A COMMITMENT PROVIDING THAT, ON CANCELLATION OF THE
CURRENT AFFILIATION OF THE REAL ESTATE SALESPERSON AND ISSUANCE
OF A NEW LICENSE CERTIFICATE AND POCKET CARD TO THE REAL ESTATE
SALESPERSON, THE REAL ESTATE SALESPERSON SHALL BECOME AFFILIATED
WITH THE LICENSED REAL ESTATE BROKER AS A REAL ESTATE
SALESPERSON; AND

(2)  COMPLIES WITH THE APPLICATION PROCEDURES UNDER
SUBSECTION (C) OF THIS SECTION.

(B)  ASSOCIATE REAL ESTATE BROKER.

A LICENSED ASSOCIATE REAL ESTATE BROKER MAY TRANSFER
AFFILIATION FROM A LICENSED REAL ESTATE BROKER TO ANOTHER
LICENSED REAL ESTATE BROKER, IF THE ASSOCIATE REAL ESTATE BROKER:

(1)  OBTAINS, FROM THE OTHER LICENSED REAL ESTATE
BROKER, A COMMITMENT PROVIDING THAT, ON CANCELLATION OF THE
CURRENT AFFILIATION OF THE ASSOCIATE BROKER AND ISSUANCE OF A NEW
LICENSE CERTIFICATE AND POCKET CARD TO THE ASSOCIATE BROKER, THE
ASSOCIATE BROKER SHALL BECOME AFFILIATED WITH THE LICENSED REAL
ESTATE BROKER AS AN ASSOCIATE REAL ESTATE BROKER; AND

(2)  COMPLIES WITH THE APPLICATION PROCEDURES UNDER
SUBSECTION (C) OF THIS SECTION.

(C)  APPLICATION.

TO TRANSFER AFFILIATION UNDER THIS SECTION, A QUALIFIED REAL
ESTATE SALESPERSON OR ASSOCIATE REAL ESTATE BROKER SHALL:

(1) SURRENDER THE LICENSE CERTIFICATE AND POCKET CARD
OF THE SALESPERSON OR ASSOCIATE BROKER TO THE COMMISSION;

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