WILLIAM DONALD SCHAEFER, Governor                        Ch. 3

"Licensed associate real estate broker" § 16-101
"Licensed real estate broker" § 16-101
"Licensed real estate salesperson" § 16-101
"Real estate broker" § 16-101
"Real estate salesperson" § 16-101

16-313. ADDITIONAL LICENSES AND AFFILIATIONS.

(A)  SALESPERSON OBTAINING ADDITIONAL SALESPERSON LICENSE.

A LICENSED REAL ESTATE SALESPERSON MAY OBTAIN AN ADDITIONAL
REAL ESTATE SALESPERSON LICENSE AND BECOME AFFILIATED WITH AN
ADDITIONAL LICENSED REAL ESTATE BROKER AS A REAL ESTATE
SALESPERSON, IF THE SALESPERSON:

(1)  OBTAINS, FROM AN ADDITIONAL LICENSED REAL ESTATE
BROKER, A COMMITMENT PROVIDING THAT THE SALESPERSON SHALL BECOME
AFFILIATED WITH THE BROKER AS A REAL ESTATE SALESPERSON ON THE
GRANTING OF AN ADDITIONAL REAL ESTATE SALESPERSON LICENSE TO THE
SALESPERSON;

(2)  GIVES EACH REAL ESTATE BROKER WITH WHOM THE
SALESPERSON CURRENTLY IS AFFILIATED WRITTEN NOTICE THAT THE
SALESPERSON INTENDS TO AFFILIATE WITH AN ADDITIONAL REAL ESTATE
BROKER; AND

(3)  COMPLIES WITH THE APPLICATION PROCEDURES UNDER
SUBSECTION (I) OF THIS SECTION.

(B)  SALESPERSON OBTAINING ASSOCIATE BROKER LICENSE.

A LICENSED REAL ESTATE SALESPERSON MAY OBTAIN AN ASSOCIATE
REAL ESTATE BROKER LICENSE AND BECOME AFFILIATED WITH AN
ADDITIONAL LICENSED REAL ESTATE BROKER AS AN ASSOCIATE REAL
ESTATE BROKER, IF THE SALESPERSON:

(1)  (I) MEETS THE REQUIREMENTS FOR AN ASSOCIATE REAL
ESTATE BROKER LICENSE UNDER § 16-304 OF THIS SUBTITLE;

(II)  GIVES EACH REAL ESTATE BROKER WITH WHOM
THE SALESPERSON CURRENTLY IS AFFILIATED WRITTEN NOTICE THAT THE
SALESPERSON INTENDS TO AFFILIATE WITH AN ADDITIONAL REAL ESTATE
BROKER; AND

(III)  COMPLIES WITH THE APPLICATION PROCEDURES
UNDER § 16-307 OF THIS SUBTITLE; OR

(2)  (I) HAS PREVIOUSLY HELD AN ASSOCIATE REAL ESTATE
BROKER LICENSE OR A REAL ESTATE BROKER LICENSE;

(II) HAS HELD A LICENSE CONTINUOUSLY SINCE
INITIALLY BEING LICENSED AS AN ASSOCIATE REAL ESTATE BROKER OR A
REAL ESTATE BROKER;

- 761 -