§ 17-308. Waiver of requirements

   (a) In general. -- Subject to the provisions of this section, the Commission may waive any requirement of this subtitle for a particular license for an applicant who holds a comparable or equivalent license granted by another state.

(b) Conditions. -- The Commission may grant a waiver under this section only if the applicant:

   (1) pays the application fee required under § 17-307 of this subtitle for the license for which the applicant is applying;

   (2) provides adequate evidence that the applicant meets the qualifications otherwise required by this subtitle for the license for which the applicant is applying;

   (3) submits a certified copy of the applicant's license from the other state that is comparable or equivalent to the license for which the applicant is applying; and

   (4) if the applicant holds a license comparable or equivalent to a real estate broker license, provides adequate evidence that the applicant actively maintains an office in the other state.

HISTORY: An. Code 1957, art. 56A, § 4-308; 1989, ch. 3, § 1; 1994, ch. 3, § 13.