A. An individual may not conduct the business of a title service agent unless the individual meets the requirements set forth in this chapter and is licensed.
B. A license may be obtained by submitting to the Administration in the form required by the Administration:
(1) An application;
(2) Zoning approval, as set forth in Regulation .03B of this chapter;
(3) A surety bond as set forth in Regulation .07 of this chapter; and
(4) The fee as set forth in COMAR 11.11.05.
C. The Administration may renew licenses every 2 years.
D. A licensed title service agent shall notify the Administration immediately of any change in the information submitted in the original application or a renewal application.