WILLIAM DONALD SCHAEFER, Governor

Ch. 249

Article - Business Occupations and Professions

Section 16-313

Annotated Code of Maryland

(1989 Volume and 1992 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Business Occupations and Professions

16-313.

(a)     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)] (J) of
this section.

(b)     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;

(iii) obtains, from an additional licensed real estate broker, a
commitment providing that the salesperson shall become affiliated with the broker as an
associate real estate broker on the granting of an associate real estate broker license to
the salesperson;

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