Unannotated Code of Maryland (Last Updated: May 16, 2014) |
BUSINESS OCCUPATIONS AND PROFESSIONS |
TITLE 17. REAL ESTATE BROKERS |
SUBTITLE 3. LICENSING |
§ 17-305. Qualifications of applicants for real estate broker license
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(a) In general. -- To qualify for a real estate broker license, an applicant shall be an individual who meets the requirements of this section.
(b) Character and reputation. -- An applicant shall be of good character and reputation.
(c) Age. -- An applicant shall be at least 18 years old.
(d) Education and experience. --
(1) Except as provided in paragraph (2) of this subsection, an applicant shall:
(i) have completed successfully a course in real estate approved by the Commission for real estate brokers that includes a 3 clock hour course in real estate ethics approved by the Commission; and
(ii) have been a licensed real estate salesperson and have actively and lawfully provided real estate brokerage services for at least 3 years.
(2) If an applicant is qualified to practice law in the State, the Commission shall waive the educational and experience requirements of paragraph (1) of this subsection for that applicant.
(e) Examination. -- An applicant shall pass an examination given by the Commission under § 17-306 of this subtitle.
(f) Additional requirements. -- An applicant shall meet any other requirement that the Commission establishes to ensure that only individuals who are professionally competent and of good character and reputation are licensed.