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09.11.01.00.htm 09.11.01.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 01 General Regulations Authority: Business Occupations and Professions Article, §17-208, 17-303, 17-306, 17-315, and 17-528, Annotated Code of Maryland
09.11.01.01.htm 09.11.01.01. 01 Amount of Brokerage Agreed Upon.. A. Each listing contract or sales contract shall state the amount of brokerage agreed upon, in either a specific amount or a specific percentage.B. The licensee may not accept a listing contract to sell real property that provides for a net return to the seller, leaving the licensee free to sell the real property at a price higher than the net price.
09.11.01.02.htm 09.11.01.02. 02 Broker as Principal and Agent.. A broker may not act as principal and agent in the same transaction without consent of all parties concerned.
09.11.01.03.htm 09.11.01.03. 03 Prior Acts or Conduct.. For administrative efficiency, renewal applications which are filed properly shall be processed automatically. Renewal of a license therefore may not affect the power of the Commission to bring charges for prior acts or conduct.
09.11.01.04.htm 09.11.01.04. 04 Failure to Renew License.. A licensee who fails to renew his license as required under Business Occupations and Professions Article, §17-314, Annotated Code of Maryland, following the date of expiration of licensure shall be reexamined before a new license may be issued.
09.11.01.05.htm 09.11.01.05. 05 Repealed..
09.11.01.06.htm 09.11.01.06. 06 Submission of Credit Report.. An applicant for an original real estate broker's license shall submit a credit report from an approved credit reporting agency. The credit report shall include a statement of the applicant's personal background with respect to lawsuits, judgments, and the moral character of the applicant.
09.11.01.07.htm 09.11.01.07. 07 Records of Transactions.. Licensees shall maintain adequate records of all real estate transactions engaged in by them as licensed real estate brokers or salesmen. If a licensee has custody or possession of money belonging to others, in the absence of proper written instructions from the parties involved in the transaction to the contrary, these funds may not be intermingled with funds belonging to the licensee, but rather they shall be deposited and retained as required
09.11.01.08.htm 09.11.01.08. 08 Surrender by Broker of License of Salesmen under Broker's Control.. Upon the request or death of a real estate salesman or real estate associate broker, or after a hearing before the Commission and upon a finding by the Commission that the license of a real estate salesman or real estate associate broker should be suspended or revoked, a real estate broker shall surrender to the Commission, promptly on demand, any real estate salesman's license or real estate asso
09.11.01.09.htm 09.11.01.09. 09 Establishing an Escrow or Special Account.. A. A real estate broker shall maintain a non-interest-bearing escrow or special account and report the bank's name and account number to the Commission as soon as trust monies are received. If a licensee establishes another non-interest-bearing or special escrow account, changes his escrow account number, or transfers the account to another bank, he shall notify the Commission in writing within 10 days after the action.
09.11.01.10.htm 09.11.01.10. 10 Change of Business Location.. When a licensed broker changes his business location, he shall notify the Commission in writing within 10 days.
09.11.01.11.htm 09.11.01.11. 11 Instruction in Real Estate Principles and Practices for Salespersons.. A. Course of Instruction.. 1) Every applicant for licensure as a real estate salesperson shall furnish, at the time of filing an application for licensure, evidence of having satisfactorily completed a course of instruction in Real Estate Principles and Practices for Salespersons.2) This course of instruction shall be one of the following:. a) The Realtors Institute of Maryland (G. R. I. Co
09.11.01.12.htm 09.11.01.12. 12 Residential Listing Contracts to be in Writing and Signed.. All residential listing contracts, listing real property for sale, rental, lease, or exchange, either exclusive or open, shall be in writing and signed, and a copy of the contract shall be given to the seller or owner before the licensee advertises, shows, or offers the property.
09.11.01.13.htm 09.11.01.13. 13 Place of Business for Real Estate Broker.. The definite place of business required by Business Occupations and Professions Article, §17-507, Annotated Code of Maryland, shall be an office or headquarters where the real estate broker and his employees regularly transact the business of a real estate broker. The records of the brokerage business, including the records of the escrow account, shall be kept in this office or headquarters. The Real Estate Commission may
09.11.01.14.htm 09.11.01.14. 14 Instruction in Real Estate Principles & Practice for Brokers.. A. Course of Instruction.. 1) Every applicant for licensure as a real estate broker shall furnish, at the time of filing an application for licensure, evidence of having satisfactorily completed a course of instruction in Real Estate Principles and Practices for Brokers.2) This course of instruction shall be one of the following:. a) The Realtors Institute of Maryland (G. R. I. Courses "I" "II" "III" and
09.11.01.15.htm 09.11.01.15. 15 Granting of Real Estate Salesman's License.. If, when making original application for licensure as a real estate salesperson, the applicant furnishes the Commission with evidence satisfactory to the Commission of having first completed the basic course in real estate required by Business Occupations and Professions Article, §17-303, Annotated Code of Maryland, the applicant shall be granted a real estate salesperson's license.
09.11.01.16.htm 09.11.01.16. 16 Form of Licensee's Reply to Commission's Written Inquiries.. A licensee shall reply in writing to the Commission within 20 days of receipt of written inquiries directed to the licensee by the Commission. Failure to reply in this way may be considered by the Commission to be a violation of Business Occupations and Professions Article, §17-322(a)25) Annotated Code of Maryland, for which revocation or suspension of the license can be imposed.
09.11.01.17.htm 09.11.01.17. 17 Instruction in Human Relations Aspect of Real Estate.. The basic course of instruction required of salesmen by Business Occupations and Professions Article, §17-303(d) Annotated Code of Maryland, shall include instruction in the human relations aspect of the practice of real estate, including study of fair housing laws and effect of undesirable practices, such as exploitation, steering, blockbusting, prejudicial solicitation, discriminatory practices, misleading advertising,
09.11.01.18.htm 09.11.01.18. 18 Amount of Compensation Recoverable from Real Estate Guaranty Fund.. The amount of compensation recoverable by a claimant from the Real Estate Guaranty Fund, pursuant to Business Occupations and Professions Article, Title 17, Subtitle 4, Real Estate Guaranty Fund, Annotated Code of Maryland, shall be restricted to the actual monetary loss incurred by the claimant, but may not include monetary losses other than the monetary loss from the originating transaction. Act
09.11.01.19.htm 09.11.01.19. 19 Use of Trade Names.. A. For the purpose of this regulation, the following terms have the meanings indicated.. B. Definitions.. 1) "Advertising" means all oral, written , and visual advertising done by the licensee or by others on behalf of the licensee including telephone solicitation by individuals or by machine.2) "Licensee" means a real estate broker, associate broker, or salesperson licensed by the Real Estate Commission.3) "Trade name" means trademark or service mark, c
09.11.01.20.htm 09.11.01.20. 20 Escrow Account Signators.. A real estate broker shall be a signator or at least one of the signators on checks which may be drawn on escrow accounts which, under Business Occupations and Professions Article, Title 17, Subtitle 5, Part I, Annotated Code of Maryland, this real estate broker is required to maintain at all times. This real estate broker may designate an alternate signator to sign checks, and this designated alternate signator shall be a licensee. A nonlicensed
09.11.01.21.htm 09.11.01.21. 21 Disposition of Deposit Monies Held by Licensees.. In any transaction in which a licensee has custody or possession of funds which belong to others, in the absence of a provision to the contrary, in the contract of sale, rental lease, option agreement, or other similar type of document, and a dispute arises as to the disposition of these funds by and between the parties to the transaction, the licensee shall:A. Hold these funds until he or she has releases s
09.11.01.22.htm 09.11.01.22. 22 Time Limitation for Filing Complaints.. The Commission may summarily dismiss any complaint brought against a licensee after 3 years from the date of the written listing contract, contract of sale, lease agreement, option, or actions upon which the complaint is based, unless the Commission finds that the complainant's delay in bringing the complaint was justified and that the delay does not result in an undue burden for the licensee.
09.11.01.23.htm 09.11.01.23. 23 Interest on Guaranty Fund Reimbursements.. A. Unless revoked by a final order of the Commission, a licensee is suspended by operation of law under Business Occupations and Professions Article, §17-412, Annotated Code of Maryland, upon payment from the Guaranty Fund due to the conduct of a licensee. The Commission may not consider any application for reinstatement until the amount paid from the Fund because of that conduct is repaid in full, plus 12 percent interes
09.11.01.24.htm 09.11.01.24. 24 REPEALED..
09.11.01.25.htm 09.11.01.25. 25 Ownership Disclosure.. A. A licensee shall furnish to the Commission full information regarding an ownership interest held by the licensee in entities providing real estate brokerage services, together with the licensee's renewal application.B. A licensee acquiring or disposing of ownership interest in an entity providing real estate brokerage services during the licensing period shall furnish to the Commission full information regarding the resulting ownership i
09.11.01.26.htm 09.11.01.26. 26 Examinations.. A. An applicant for a real estate broker, associate broker, or salesperson's license who has passed one part of the two-part licensing exam shall have 1 year from the date of passing that part in which to pass the second part of the exam. If the applicant fails to pass the second part within that time period, the applicant shall retake the first part.B. All applicants for a salesperson's license who did not successfully complete both portions of the
09.11.01.27.htm 09.11.01.27. 27 Broker Supervision Course.. A licensee who is designated as a broker, branch office manager, or team leader shall complete a 3 clock hour course that includes the requirements of broker supervision under COMAR 09.11.06.01B(8)i) within 90 days of the effective date of the designation if the licensee has not completed that course during the previous four years.
09.11.01.9999.htm 09.11.01.9999. Administrative History Effective dates:. Regulations .01―03 effective March 16, 1967. Regulation .04 amended effective May 12, 1976 (3:10 Md. R. 529). Regulations .05―07 effective March 16, 1967. Regulation .06 amended effective February 19, 1975 (2:4 Md. R. 227) repealed effective October 26, 1981 (8:21 Md. R. 1706)Regulation .06 adopted effective October 7, 1985 (12:20 Md. R. 1925). Regulation .07 amended effective June 15, 1987 (14:12 Md. R. 1349).
09.11.02.00.htm 09.11.02.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 02 Code of Ethics Authority: Business Occupations and Professions Article, §17-207 and 17-208, Annotated Code of Maryland
09.11.02.01.htm 09.11.02.01. 01 Relations to the Public.. A. The licensee shall remain informed of matters affecting real estate in the community, the State, and the nation.B. The licensee shall be informed on current market conditions in order to be in a position to advise clients as to the fair market price.C. The licensee shall protect the public against fraud, misrepresentation, or unethical practices in the real estate field. The licensee shall endeavor to eliminate in the community any practices whic
09.11.02.02.htm 09.11.02.02. 02 Relations to the Client.. A. In accepting employment as an agent, the licensee shall protect and promote the interests of the client. This obligation of absolute fidelity to the client's interest is primary, but it does not relieve the licensee from the statutory obligations towards the other parties to the transaction.B. In justice to those who place their interests in the licensee's care, the licensee shall endeavor always to be informed regarding laws, proposed le
09.11.02.03.htm 09.11.02.03. 03 Relations to Fellow Licensees.. A. The agency of a licensee who holds an exclusive listing, shall be respected.. B. The licensee shall cooperate with other brokers on property listed by the licensee exclusively whenever it is in the interest of the client, and share commissions on a previously agreed basis. Negotiations concerning property listed exclusively with one broker shall be carried on solely with the listing broker.C. Signs giving notice of property for sale, rent,
09.11.02.9999.htm 09.11.02.9999. Administrative History Effective date:. Regulation .01A―D amended effective March 17, 1976 (3:6 Md. R. 358) May 1, 2000 (27:8 Md. R. 798). Regulation .01C repealed May 12, 1976 (3:10 Md. R. 529). Regulation .01C adopted effective June 9, 1976 (3:12 Md. R. 643). Regulation .01E amended effective October 23, 1968. Regulation .01E amended effective March 17, 1976 (3:6 Md. R. 358) May 1, 2000 (27:8 Md. R. 798). Regulation .01F―H amended effective March 17, 1976 (3:6 Md. R. 358).
09.11.03.00.htm 09.11.03.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 03 Hearing Regulations Authority: Business Occupations and Professions Article, §17-208, Annotated Code of Maryland
09.11.03.01.htm 09.11.03.01. 01 Hearings Before the Commission.. A. Except as otherwise provided in §B, C, D, and E of this regulation, all contested case hearings before the Commission are governed by COMAR 09.01.02.B. A hearing shall be conducted before a designated hearing panel of three members of the Commission convened pursuant to Business Occupations and Professions Article, §17-325, Annotated Code of Maryland.C. The panel shall have a chairman who shall conduct the hearing and, in co
09.11.03.02.htm 09.11.03.02. 02 Hearings Delegated to the Office of Administrative Hearings.. Except as otherwise provided in Regulation .03 of this chapter, all contested case hearings delegated to the Office of Administrative Hearings are governed by COMAR 09.01.03.
09.11.03.03.htm 09.11.03.03. 03 Discovery.. A. A party in a contested case hearing may receive discovery of facts from the Commission if the party makes a request to that effect at least 15 days before the hearing date.B. If a timely request is not made, any objection based on surprise or insufficiency of the notice shall be deemed waived.
09.11.03.04.htm 09.11.03.04. 04 Claims Against the Guaranty Fund.. A. A guaranty fund claim shall be based on the alleged misconduct of a licensee.. B. For the purpose of a guaranty fund claim, misconduct:. 1) Is an action arising out of a real estate transaction involving real estate located in this State which causes actual loss by reason of theft or embezzlement of money or property, or money or property unlawfully obtained from a person by false pretense, artifice, trickery, or forgery, or by reaso
09.11.03.9999.htm 09.11.03.9999. Administrative History Effective date: July 12, 1973. Regulation .01B amended effective May 24, 1982 (9:10 Md. R. 1020). Regulation .01E amended effective November 23, 1981 (8:23 Md. R. 1855). Regulation .01 amended effective June 17, 1985 (12:12 Md. R. 1163). Regulation .02E, F, and I amended effective June 20, 1983 (10:12 Md. R. 1072). Regulation .03 amended effective June 17, 1985 (12:12 Md. R. 1163). Regulation .03D and E amended effective April 13, 1992 (19:7 Md. R. 745).
09.11.04.00.htm 09.11.04.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 04 Time Share Regulations Authority: Business Occupations and Professions Article, §16-208, Annotated Code of Maryland
09.11.04.01.htm 09.11.04.01. 01 Application for Registration.. A. Application for registration as a time share developer shall be made on forms provided by the Commission at the offices of the Commission. The application shall contain all of the documents and information required.B. A surety bond submitted with the application for registration shall be written on a form furnished by the Commission displaying the name of the principal on the bond as it appears on the applicatioC. The statutory fee shal
09.11.04.02.htm 09.11.04.02. 02 Rules of Procedure for Revocation or Suspension of Registration.. The regulations of the Commission governing rules of procedure for revocation or suspension of licenses contained in COMAR 09. 01.03.03 shall apply to registration of time share developers.
09.11.04.03.htm 09.11.04.03. 03 Records of Transactions.. A. The developer shall maintain records of the names and addresses of licensed real estate brokers, employees, or independent contractors employed by it for the purpose of sales of time share estates in Maryland, and make those records available to the Commission upon request.B. Purchase Money.. 1) The developer shall maintain a surety bond in accordance with the schedule set forth in Real Property Article, § 11A-116, Annotated Code of Maryland.
09.11.04.04.htm 09.11.04.04. 04 General Regulations.. A. A promise, assertion, representation, or statement of fact or opinion in connection with a time share marketing activity may not be made which is false, inaccurate, or misleading by reason of inclusion of an untrue statement of a material fact or omission of a statement of a material fact relative to the actual or intended characteristics, circumstances, or features of the time share project or time share estate.B. There may not be indic
09.11.04.9999.htm 09.11.04.9999. Administrative History Effective date: November 7, 1983 (10:22 Md. R. 1965).
09.11.05.00.htm 09.11.05.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 05 Supervision Authority: Business Occupations and Professions Article, §17-208 and 17-320, Annotated Code of Maryland
09.11.05.01.htm 09.11.05.01. 01 Definitions.. Supervision means direction and review by the:. A. Broker of professional real estate activities by associate brokers, designated sales managers and salespersons associated with that brokerage, regardless of the type of work relationship existing between them;B. Broker of the supervisory activities of each branch office manager; and. C. Branch office manager of professional real estate activities by the associate brokers and salespersons registered with that office.
09.11.05.02.htm 09.11.05.02. 02 Requirement of Supervision.. A. A broker shall exercise reasonable and adequate supervision over the activities of the broker's associate brokers and salespersons.B. A branch office manager shall exercise reasonable and adequate supervision over the activities of the associate brokers and salespersons registered with that office.C. The exercise of reasonable and adequate supervision as defined in this chapter may not be construed or deemed to create an employer/employee relati
09.11.05.03.htm 09.11.05.03. 03 Reasonable and Adequate Supervision.. A. Initially, the operations characteristics of the brokerage firm shall be considered by determining the:1) Number of licensed salespersons and associate brokers affiliated with the broker;. 2) Number of branch offices and salespersons assigned to each office;. 3) Number of management personnel in each office;. 4) Normal and routine working days and hours of the broker and management personnel;. 5) Type of real estate activities of firm..
09.11.05.9999.htm 09.11.05.9999. Administrative History Effective date: March 21, 1988 (15:6 Md. R. 739). Chapter revised effective September 17, 2001 (28:18 Md. R. 1620).
09.11.06.00.htm 09.11.06.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 06 Continuing Education Authority: Business Occupations and Professions Article, §17-208 and 17-315, Annotated Code of Maryland
09.11.06.01.htm 09.11.06.01. 01 Definitions.. A. In this chapter, the following terms have the meanings indicated.. B. Terms Defined.. 1) "Approved continuing education course" means a continuing education course approved by the Commission.2) "Classroom instruction" means the art or science of teaching in a space:. a) Exclusively used for instructing during periods of instruction;. b) Which is conducive to learning; and. c) Where an assigned instructor is present..
09.11.06.02.htm 09.11.06.02. 02 Education Committee.. A. There is an Education Committee consisting of Commission members appointed by the Chairman. The Committee shall include at least two licensee members and one consumer member.B. A course provider who has been denied approval of a course by Commission staff may request the Committee to review that decision. The request for review shall be filed within 10 business days of receipt of the denial notice.
09.11.06.03.htm 09.11.06.03. 03 Course Providers.. A. In order to qualify as an educational institution under Business Occupations and Professions Article, §17-315(c)1) Annotated Code of Maryland, the institution shall provide the Commission with evidence of its approval by the Maryland Higher Education Commission as a career school eligible to provide the Real Estate Principles and Practices course at the currently mandated hours for prelicensing education.B. A completed application for approval as a cours
09.11.06.04.htm 09.11.06.04. 04 Course Approval.. A. The course provider shall submit an application for a class in a particular subject matter at least 30 days prior to the date of the first offering of the course.B. The Commission may request an outline of the course content as part of the approval process.. C. The Commission shall approve or deny the application within 20 days of the submission of the completed application.D. The Commission may approve a course for up to 2 years from the approval date..
09.11.06.05.htm 09.11.06.05. 05 Course Content.. A. The Commission may approve a continuing education course that meets all of the following six criteria:1) The course is a mandated or elective course designed for:. a) Protecting the general public in their real estate transactions;. b) Enabling the licensee to serve the objectives of the consumer in a real estate transaction; or. c) Enabling the licensee to develop competency and professionalism in a changing marketplace;.
09.11.06.06.htm 09.11.06.06. 06 Advertising.. A. Advertising related only to a specific course shall be in the name of the approved course provider. The name of a course sponsor may appear in the advertising, but may not be in a font size or format that exceeds that of the approved course provider. The role of the sponsor as to the course shall be included in the advertising.B. The course provider’s name as reflected in the application form, its telephone and electronic contact information, and its
09.11.06.07.htm 09.11.06.07. 07 Facilities.. Each classroom in which courses are given shall:. A. Meet all fire, safety, zoning, and Americans with Disabilities Act (ADA) requirements;. B. Be of sufficient size to comfortably accommodate all enrolled students;. C. Provide an appropriate learning environment; and. D. Be free of distractions that would disrupt class sessions..
09.11.06.08.htm 09.11.06.08. 08 Conduct of Courses.. A. Scheduling.. 1) The maximum permissible class session without a break is 90 minutes.. 2) A course scheduled for more than 4 hours in one day shall include a meal break of at least 30 minutes, but not more than 90 minutes.3) A course shall begin promptly at the scheduled time.. B. Records.. 1) The course provider shall require each licensee to show a picture ID in order to be admitted to a class for which the licensee has enrolled.
09.11.06.09.htm 09.11.06.09. 09 Licensee Credit Hours.. A. Pre-approval. A course will qualify for continuing education credit only if the Commission has approved the form, substance, and subject matter of the course before the course is given.B. Prelicensing Courses. An instruction program for prelicensing examination preparation does not constitute qualifying credit hours for the continuing education requirement.C. Technology. A licensee may only use continuing education credits that to
09.11.06.10.htm 09.11.06.10. 10 Distance Learning.. A. The provider of a distance learning course shall obtain approval of the technical aspects of a course from an entity recognized by the Commission in the field of technical expertise before submitting the course to the Commission for review of its substance and subject matter.B. In a distance learning course, if the course provider and the student are separated by space and time:1) The provider’s technical staff:.
09.11.06.9999.htm 09.11.06.9999. Administrative History Effective date: July 5, 1993 (20:13 Md. R. 1046). Regulation .01B amended effective June 30, 1997 (24:13 Md. R. 930). Regulation .04 adopted effective June 30, 1997 (24:13 Md. R. 930) ―. Chapter revised effective April 26, 2004 (31:8 Md. R. 646) ―. Chapter revised effective April 18, 2011 (38:8 Md. R. 505).
09.11.07.00.htm 09.11.07.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 07 Residential Property Disclosure/Disclaimer Statement Authority: Business Occupations and Professions Article, §17-208; Real Property Article, §10-702; Annotated Code of Maryland
09.11.07.01.htm 09.11.07.01. 01 Residential Real Property Disclosure/Disclaimer Statement.. In accordance with the provisions of Real Property Article, §10-702, Annotated Code of Maryland, a model disclosure/disclaimer statement provided by the Maryland Real Estate Commission shall be used in all applicable residential real property transactions.
09.11.07.02.htm 09.11.07.02. 02 Guidelines.. A. A licensed broker, associate broker, or salesperson acting as a listing agent for a seller should obtain a written residential property condition disclosure statement or a written residential property disclaimer statement at the time the licensed broker, associate broker, or salesperson obtains the listing on the property.B. The listing agent should provide the disclosure statement or disclaimer statement to the prospective purchaser or to the s
09.11.07.9999.htm 09.11.07.9999. Administrative History Effective date: January 17, 1994 (21:1 Md. R. 29). Regulation .01 repealed and new Regulation .01 adopted as an emergency provision effective October 16, 1995 (22:23 Md. R. 1795) adopted permanently effective April 8, 1996 (23:7 Md. R. 551)Regulation .02 adopted as an emergency provision effective January 6, 1994 (21:2 Md. R. 95) emergency status expired July 1, 1994; adopted permanently effective July 18, 1994 (21:14 Md. R. 1228)
09.11.08.00.htm 09.11.08.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 08 Agency Relationship Disclosure/Dual Agency Consent Authority: Business Occupations and Professions Article, §17-528, Annotated Code of Maryland
09.11.08.01.htm 09.11.08.01. 01 Agency Relationship Disclosure Form/Dual Agency Consent Form.. In accordance with the provisions of Business Occupations and Professions Article, §17-528, Annotated Code of Maryland, model Agency Disclosure and Dual Agency Consent forms provided by the Maryland Real Estate Commission shall be used in all applicable real estate property transactions.
09.11.08.9999.htm 09.11.08.9999. Administrative History Effective date:. Regulation .01 adopted as an emergency provision effective January 1, 1995 (21:25 Md. R. 2092) emergency status extended at 22:12 Md. R. 897Regulation .01 adopted as an emergency provision effective December 23, 1995 (23:2 Md. R. 92) emergency status expired April 23, 1996; adopted permanently effective May 20, 1996 (23:10 Md. R. 731)
09.11.09.00.htm 09.11.09.00. Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION Subtitle 11 REAL ESTATE COMMISSION Chapter 09 Fees Authority: Business Occupations and Professions Article, §17-213; Business Regulation Article, §2-106.4; Annotated Code of Maryland
09.11.09.01.htm 09.11.09.01. 01 Purpose.. This chapter is intended to carry out the provisions of Business Regulation Article, §2-106.3 and 2-106.4, Annotated Code of Maryland, and Business Occupations and Professions Article, Title 17, Annotated Code of Maryland. In particular, it is intended to set various fees in order to cover the actual documented direct and indirect costs of fulfilling the statutory and regulatory duties of the Real Estate Commission.
09.11.09.02.htm 09.11.09.02. 02 Schedule of Fees.. Fees charged by the Commission are as follows:. A. Original license fees:. 1) Broker ― $190;. 2) Associate broker ― $130;. 3) Salesperson ― $90;. B. License renewal fees:. 1) Broker ― $170;. 2) Associate broker ― $110;. 3) Salesperson ― $70;. C. Reactivation of inactive license ― $50;. D. Reinstatement of license/late fee ― $150;. E. Broker business name change, for broker and each license under broker ― $25;. F. Personal name change ― $25;.
09.11.09.9999.htm 09.11.09.9999. Administrative History Effective date: March 1, 2009 (36:4 Md. R. 353). Regulation .02A, B amended effective January 11, 2016 (42:26 Md. R. 1594).
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