WILLIAM DONALD SCHAEFER, Governor                       Ch. 3

"Associate real estate broker" § 16-101

"Commission" § 16-101 "License" § 16-101

"Licensed real estate broker" § 16-101

"Provide real estate brokerage services" § 16-101

"Real estate broker" § 16-101

"Real estate salesperson" § 16-101

16-317. DISPLAY OF LICENSE CERTIFICATES; LOSS OR DESTRUCTION OF
CERTIFICATE OR POCKET CARD.

(A)  DISPLAY OF LICENSE CERTIFICATES.

(1)  A LICENSED REAL ESTATE BROKER SHALL DISPLAY AT
ALL TIMES:

(I)  THE LICENSE CERTIFICATE OF THE REAL ESTATE
BROKER IN A CONSPICUOUS PLACE IN THE PRINCIPAL OFFICE OF THE REAL
ESTATE BROKER; AND

(II)  IN ACCORDANCE WITH PARAGRAPH (2) OF THIS
SUBSECTION, THE LICENSE CERTIFICATE OF EACH ASSOCIATE REAL ESTATE
BROKER AND REAL ESTATE SALESPERSON WHO IS AFFILIATED WITH THE
REAL ESTATE BROKER.

(2)  (I) IF AN ASSOCIATE REAL ESTATE BROKER OR A REAL
ESTATE SALESPERSON WHO IS AFFILIATED WITH THE REAL ESTATE BROKER
WORKS PRIMARILY OUT OF THE PRINCIPAL OFFICE OF THE REAL ESTATE
BROKER, THE REAL ESTATE BROKER SHALL DISPLAY THE LICENSE
CERTIFICATE OF THE ASSOCIATE BROKER OR SALESPERSON IN A
CONSPICUOUS PLACE IN THE PRINCIPAL OFFICE.

(II) IF AN ASSOCIATE REAL ESTATE BROKER OR A
REAL ESTATE SALESPERSON WHO IS AFFILIATED WITH THE REAL ESTATE
BROKER WORKS PRIMARILY OUT OF A BRANCH OFFICE OF THE REAL ESTATE
BROKER, THE REAL ESTATE BROKER SHALL DISPLAY THE LICENSE
CERTIFICATE OF THE ASSOCIATE BROKER OR SALESPERSON IN A
CONSPICUOUS PLACE IN THE BRANCH OFFICE OUT OF WHICH THE ASSOCIATE
BROKER OR SALESPERSON PRIMARILY WORKS.

(B)  LOSS OR DESTRUCTION OF LICENSE CERTIFICATE.

(1)  IF A LICENSE CERTIFICATE IS LOST OR DESTROYED,
THE LICENSEE IMMEDIATELY SHALL NOTIFY THE COMMISSION.

(2)  TO RECEIVE A DUPLICATE LICENSE CERTIFICATE, THE
LICENSEE SHALL SUBMIT TO THE COMMISSION:

(I)  AN AFFIDAVIT STATING THAT THE LICENSE
CERTIFICATE HAS BEEN LOST OR DESTROYED; AND

(II)  A FEE OF $5.

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