§ 17-515. Implied consent

Latest version.

   (a) In general. -- If any of the following acts are performed by a nonresident real estate broker, nonresident associate real estate broker, or nonresident real estate salesperson, the act shall constitute an irrevocable consent, as provided in subsection (b) of this section:

   (1) participating in any real estate transaction in the State; or

   (2) dividing fees or holding deposits from any real estate transaction in the State.

(b) Effect. -- A consent arising under this section shall have the same effect and be subject to the same procedures for service of process as a consent submitted under § 17-514 of this subtitle.

HISTORY: An. Code 1957, art. 56A, § 4-515; 1989, ch. 3, § 1; 1994, ch. 3, § 13.

                    
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