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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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BUSINESS OCCUPATIONS AND PROFESSIONS |
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TITLE 17. REAL ESTATE BROKERS |
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SUBTITLE 3. LICENSING |
§ 17-317. Display of license certificates; loss or destruction of certificate or pocket card
Latest version.
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(a) Display of license certificates. --
(1) A licensed real estate broker shall display at all times:
(i) the license certificate of the real estate broker in a conspicuous place in the principal office of the real estate broker; and
(ii) in accordance with paragraph (2) of this subsection, the license certificate of each associate real estate broker and real estate salesperson who is affiliated with the real estate broker.
(2) (i) If an associate real estate broker or a real estate salesperson who is affiliated with the real estate broker works primarily out of the principal office of the real estate broker, the real estate broker shall display the license certificate of the associate broker or salesperson in a conspicuous place in the principal office.
(ii) If an associate real estate broker or a real estate salesperson who is affiliated with the real estate broker works primarily out of a branch office of the real estate broker, the real estate broker shall display the license certificate of the associate broker or salesperson in a conspicuous place in the branch office out of which the associate broker or salesperson primarily works.
(b) Loss or destruction of license certificate. --
(1) If a license certificate is lost or destroyed, the licensee immediately shall notify the Commission.
(2) To receive a duplicate license certificate, the licensee shall submit to the Commission:
(i) an affidavit stating that the license certificate has been lost or destroyed; and
(ii) a fee set by the Commission.
(3) On receipt of the affidavit and fee, the Commission shall issue an appropriate duplicate license certificate to the licensee.
(c) Loss or destruction of pocket card. --
(1) If a pocket card is lost or destroyed, the licensee immediately shall notify the Commission.
(2) To receive a duplicate pocket card, the licensee shall submit to the Commission:
(i) an affidavit stating that the pocket card has been lost or destroyed; and
(ii) a fee set by the Commission.
(3) On receipt of the affidavit and fee, the Commission shall issue an appropriate duplicate pocket card to the licensee.