Ch. 719

1994 LAWS OF MARYLAND

certain real estate licensees to make certain disclosures at not later than the first
scheduled face-to-face contact with certain individuals; specifying a certain
obligation of a buyer's agent relating to a certain written disclosure; specifying the
content of certain standard disclosure forms; except under certain circumstances.
prohibiting licensed real estate salespersons, associate real estate brokers, and real
estate brokers from acting as dual agents; specifying the circumstances when
licensed real estate salespersons, associate real estate brokers, and real estate
brokers may act as dual agents; requiring real estate brokers or designees of real
estate brokers to assign designated dual agents to act on behalf of certain
individuals under certain circumstances; prohibiting the disclosure of confidential
information under certain circumstances; specifying the content of certain standard
consent forms; requiring the State Real Estate Commission to require licensed real
estate salespersons, associate real estate brokers, and real estate brokers to utilize
standard disclosure and consent forms under certain circumstances; requiring the

State Real Estate Commission to prepare and provide standard disclosure and
consent forms to certain licensees; requiring that certain forms be written in a
certain manner; providing that except as modified, altered, or amended in this Act,
this Act may not be otherwise construed to abrogate the common law of real estate
agency in this State; providing for the effective date of this Act; requiring the State
Real Estate Commission to make a certain report to the Senate Economic and

Environmental Affairs Committee and the Mouse Economic Matters Committee by
a certain date; and generally relating to the disclosure of agency relationships by
real estate licensees in this State.

BY repealing and reenacting with amendments,

Article - Business Occupations and Professions
Section 16-322(a)(6) and (30) and 16-528
Annotated Code of Maryland
(1989 Volume and 1993 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

16-322.

(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:

(6) [acts or attempts to act for more than 1 party in a transaction without
the knowledge and consent of all parties for whom the licensee acts] VIOLATES §
16-528(C) OR (D) OF THIS TITLE;

(30) fails to make the disclosure OR PROVIDE THE CONSENT FORM
required by § 16-528 of this title;

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