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Session Laws, 1993
Volume 772, Page 2446   View pdf image
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Ch. 459                                     1993 LAWS OF MARYLAND

(3) shall submit notice to the Commission as provided in subsection (e) of
this section.

(c)     (1) Before a licensed real estate broker may provide real estate brokerage
services through a corporation, LIMITED. LIABILITY COMPANY, or partnership,. the
broker shall submit to the Commission a notice that states the broker's intent to provide
services through a corporation or partnership. The notice shall include:

(i) the name of the real estate broker submitting the notice;

(ii) a statement that the named individual has been designated as the
broker of the firm;

(iii) the address of the firm's principal place of business and of each
proposed branch office;

(iv) any trade or fictitious name that the firm intends to use while
conducting the business of the firm;

(v) a list of all the licensed associate real estate brokers and licensed
real estate salespersons who will be affiliated with the broker of the firm; and

(vi) any other information that the Commission may require by
regulation.

(2) The Commission may set by regulation procedures for maintaining
current information about any corporation, LIMITED LIABILITY COMPANY, or
partnership through which real estate brokerage services are provided.

(d)    . (1) An individual may provide real estate brokerage services through a firm
only if:

(i) the individual is the licensed real estate broker who has been
designated as the broker of the firm; or                                                                       

(ii) the individual:

1.       is licensed as an associate real estate broker or real estate
salesperson to provide real estate brokerage services on behalf of the broker of the firm;
and

2.       continues to be affiliated with the broker of the firm.

(2) This subsection applies regardless of whether the individual is associated
with the firm as a partner, officer, MEMBER, or shareholder or in any other capacity.

(e)     An individual who serves as a broker of the firm under this section shall be
responsible for the provision of real estate brokerage services through the firm and is
subject to all of the provisions of this title regarding those services.

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Session Laws, 1993
Volume 772, Page 2446   View pdf image
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