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Session Laws, 1993
Volume 772, Page 1651   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                         Ch. 249

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

(2)     gives each real estate broker with whom the associate broker currently is
affiliated written notice that the associate broker intends to affiliate with an additional
real estate broker; and

(3)     complies with the application procedures under subsection [(i)] (J) of
this section.

(f)      A licensed associate real estate broker may obtain a real estate broker license,
if the associate broker:

(1)     gives each real estate broker with whom the associate broker currently is
affiliated written notice that the associate broker intends to obtain a real estate broker
license; and

(2)     complies with the application procedures under subsection [(i)] (J) of
this section.

(g)     A licensed real estate broker may obtain a real estate salesperson license and
become affiliated with another licensed real estate broker as a real estate salesperson, if
the broker:

(1)     obtains, from another licensed real estate broker, a commitment
providing that the broker shall become affiliated with the other broker as a real estate
salesperson on the granting of a real estate salesperson license to the broker; and

(2)     complies with the application procedures under subsection [(i)] (J) of
this section.

(h) A licensed real estate broker may obtain an associate real estate broker
license and become affiliated with another licensed real estate broker as an associate real
estate broker, if the broker:

(1)     obtains, from another licensed real estate broker, a commitment
providing that the broker shall become affiliated with the other broker as an associate
real estate broker on the granting of an associate real estate broker license to the broker;
and

(2)     complies with the application procedures under subsection [(i)] (J) of
this section.

(I) (1) A LICENSED REAL ESTATE BROKER SHALL OBTAIN A REAL ESTATE
BROKER LICENSE FOR EACH REAL ESTATE BROKERAGE OPERATED BY THE REAL
ESTATE BROKER.

(2) IN ORDER TO RECEIVE AN ADDITIONAL REAL ESTATE BROKER
LICENSE, A LICENSED REAL ESTATE BROKER SHALL COMPLY WITH THE
APPLICATION PROCEDURES UNDER SUBSECTION (J)(1),(4), AND (5) OF THIS SECTION.

[(i)] (J) To obtain an additional license, a qualified licensee shall:

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Session Laws, 1993
Volume 772, Page 1651   View pdf image
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