Ch. 53                                  1994 LAWS OF MARYLAND

(3) return the license certificate of the salesperson or associate broker to
the Commission.

16-322.

(a) Subject to the hearing provisions of § 16-324 of this subtitle, the Commission
may deny a license to any applicant, reprimand any licensee, or suspend or revoke a
license if the applicant or licensee:

(32)   violates any other provision of this title; [or]

(33)   violates any regulation adopted under this title or any provision of the
code of ethics; OR

(34)    VIOLATES SECTION 16-320(D) OF THIS SUBTITLE BY FAILING AS A
BRANCH OFFICE MANAGER TO EXERCISE REASONABLE AND ADEQUATE
SUPERVISION OVER THE PROVISION OF REAL ESTATE BROKERAGE SERVICES BY
ANY SALES AGENT OR ASSOCIATE BROKER REGISTERED WITH THAT OFFICE.

16-518.

(a)     Subject to the provisions of this subtitle, a licensed real estate broker may
maintain branch offices in the State.

(b)     A licensed real estate broker shall obtain a branch office certificate before the
broker may maintain a branch office in the State.

(c)     (1) An applicant for a branch office certificate shall:

(i) submit to the Commission an application on the form that the
Commission provides;

(ii) submit to the Commission written notice of the identity of the
individual appointed as manager of the branch office under subsection (d) of this section;
and

(iii) pay to the Commission an application fee of $5.

(2) The Commission shall issue a branch office certificate to each licensed
real estate broker who meets the requirements of this section.

(d)     (1) Subject to paragraph (2) of this subsection, the licensed real estate
broker shall designate a manager for each branch office of the broker.

(2) The manager shall be:

(i) a licensed associate real estate broker; or

(ii) a licensed real estate, salesperson who has at least 3 years'
experience providing real estate brokerage services.

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