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Ch. 274
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2007 Laws of Maryland
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(ii) does not represent to the public, by use of a sign or
advertisement or otherwise, that the lawyer is in the business of providing real estate
brokerage services;
(3) a home builder in the rental [or initial sale] of a home constructed
by the builder;
(4) an agent of a licensed real estate broker or of an owner of real
estate while managing or leasing that real estate for the real estate broker or owner;
(5) any person in negotiating the sale, lease, or other transfer of a
business enterprise if the proposed transfer does not include any interest in real
property other than a lease under which the business enterprise operates; or
(6) any person to subdivide and sell unimproved property owned by
that person if the person meets the requirements of § 17-302 of this subtitle.
17-322.
(b) Subject to the hearing provisions of § 17-324 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:
(3) directly or through another person willfully makes a
misrepresentation or knowingly makes a false promise;
(4) intentionally or negligently fails to disclose to any person with
whom the applicant or licensee deals a material fact that the licensee knows or should
know and that relates to the property with which the licensee or applicant deals;
(25) engages in conduct that demonstrates bad faith, incompetency, or
untrustworthiness or that constitutes dishonest, fraudulent, or improper dealings;
(33) violates any regulation adopted under this title or any provision of
the code of ethics;
(c) (1) Instead of or in addition to reprimanding a licensee or suspending
or revoking a license under this section, the Commission may impose a penalty not
exceeding $5,000 for each violation.
(2) To determine the amount of the penalty imposed, the Commission
shall consider:
(i) the seriousness of the violation;
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