11.12.02.02

.02 Licensing of Title Service Agents.

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.