Maryland Statutes
Business Occupations and Professions
Title 17 - Real Estate Brokers

Section 17-304 - Qualifications of Applicants for Associate Real Estate Broker License - (a) To qualify for an associate real estate broker license,...

Section 17-305 - Qualifications of Applicants for Real Estate Broker License - (a) To qualify for a real estate broker license, an...

Section 17-306 - Examinations - (a) An applicant who otherwise qualifies for a license is...

Section 17-307 - Applications for Licenses - (a) An applicant for a license: (1) shall submit to...

Section 17-308 - Waiver of Requirements - (a) Subject to the provisions of this section, the Commission...

Section 17-309 - Granting of Licenses; Issuance, Form, and Contents of License Certificates and Pocket Cards - (a) On compliance by the applicant with the procedures under...

Section 17-310 - Scope of Licenses - (a) While a real estate broker license is in effect,...

Section 17-311 - Transfer of Affiliation - (a) A licensed real estate salesperson may transfer affiliation from...

Section 17-312 - Exchange of License - (a) A licensed real estate salesperson may exchange a real...

Section 17-313 - Additional Licenses and Affiliations - (a) A licensed real estate salesperson may obtain an additional...

Section 17-314 - Term and Renewal of Licenses - (a) Except as provided in subsection (c) of this section,...

Section 17-315 - Continuing Education - (a) (1) To qualify for renewal of a license under...

Section 17-316 - Inactive Status - (a) (1) The Commission shall place the license of a...

Section 17-317 - Display of License Certificates; Loss or Destruction of Certificate or Pocket Card - (a) (1) A licensed real estate broker shall display at...

Section 17-318 - Change of Name of Licensee or Firm - (a) To change the name of a licensee or a...

Section 17-319 - Disability or Death of Real Estate Broker - (a) In this section, “disability” means a total and permanent...

Section 17-320 - Employment of and Contractual Arrangements With Salespersons and Associate Brokers - (a) (1) Subject to the provisions of this section, a...

Section 17-321 - Practice Through Corporation, Limited Liability Company, or Partnership Authorized - (a) Subject to the provisions of this section, a licensed...

Section 17-322 - Denials, Reprimands, Suspensions, Revocations, and Penalties -- Grounds - (a) In this section, “handicap” and “familial status” each have...

Section 17-322.1 - Failure to Disclose Certain Facts -- Disease, Death, Felony - (a) For purposes of § 17-322(b) of this subtitle, it...

Section 17-323 - Failure to Disclose Certain Facts -- Commencement of Proceedings - (a) Subject to the provisions of this section, the Commission...

Section 17-324 - Failure to Disclose Certain Facts -- Hearings - (a) Except as otherwise provided in § 10-226 of the...

Section 17-325 - Real Estate Hearing Board - (a) With the approval of the Secretary, the Commission may...

Section 17-326 - Referral of Cases; Procedure Before Hearing Board - (a) Except as otherwise provided in this subtitle, the Commission...

Section 17-327 - Summary Revocation of Licenses Based on Actions of Other Agencies - (a) Subject to the provisions of subsection (b) of this...

Section 17-328 - Summary Suspension of Licenses for Trust Fund Violations - (a) Subject to the provisions of subsection (b) of this...

Section 17-329 - Judicial Review - (a) Any person aggrieved by a final decision of the...

Section 17-330 - Notice of Revocation or Suspension - (a) Whenever the Commission revokes or suspends the license of...

Subtitle 3A - Reciprocity

Section 17-3A-01 - Definitions - (a) In this subtitle the following words have the meanings...

Section 17-3A-02 - Issuance of License in General - (a) Subject to the limitations of this subtitle, the Commission...

Section 17-3A-03 - Obtaining License Constitutes Sufficient Contact for Personal Jurisdiction - Obtaining a reciprocal license from the Commission shall constitute sufficient...

Section 17-3A-04 - Issuance or Denial of Reciprocal License - (a) Except as otherwise provided in this subtitle, the Commission...

Section 17-3A-05 - Affiliation With Local Broker Required - A real estate salesperson or associate real estate broker holding...

Section 17-3A-06 - Written Agreements With Authorities of Other States Not Required - (a) This subtitle may be implemented by written reciprocal licensing...

Section 17-3A-07 - Issuance of License Without Agreement With Other State - (a) Subject to subsection (b) of this section, if the...

Section 17-3A-08 - Publication of Reciprocity Information - The Commission shall annually publish in the Maryland Register and...

Section 17-3A-09 - Reciprocal License Holder Establishing In-State Business - (a) A person that holds a reciprocal license shall promptly...

Section 17-3A-10 - Rights and Responsibilities of Holder of License - (a) Subject to subsection (c) of this section, the holder...

Subtitle 4 - Real Estate Guaranty Fund

Section 17-401 - Scope of Subtitle - This subtitle does not limit the authority of the Commission...

Section 17-402 - Establishment of Guaranty Fund; Investments - (a) The Commission shall: (1) establish a Real Estate Guaranty...

Section 17-403 - Initial Fee; Transfer to Guaranty Fund; Assessments - (a) (1) Subject to paragraph (2) of this subsection, before...

Section 17-404 - Claims Against Guaranty Fund - (a) (1) Subject to the provisions of this subtitle, a...

Section 17-405 - Notice to Buyer - A real estate broker shall include in each sales contract...

Section 17-406 - Form of Claims - (a) Each claim against the Guaranty Fund shall be made...

Section 17-407 - Action on Claim by Commission - (a) The Commission shall act promptly on a claim made...

Section 17-408 - Right to Participate in Hearing; Notice - (a) The Commission shall give the claimant and the licensee...

Section 17-409 - Joinder of Proceedings - (a) If a claim against the Guaranty Fund alleges that...

Section 17-410 - Payments by Guaranty Fund - (a) The Commission shall order payment of a claim by...

Section 17-411 - Reimbursement of Guaranty Fund - (a) After payment of a claim by the Guaranty Fund,...

Section 17-412 - Suspension of License - (a) If the Commission orders payment by the Guaranty Fund...

Subtitle 5 - Miscellaneous Provisions

Part I - Trust Accounts

Section 17-501 - Definitions - (a) In this Part I of this subtitle the following...

Section 17-502 - Handling of Trust Money - (a) An associate real estate broker or a real estate...

Section 17-503 - Authorized Financial Institutions - Except as authorized under § 17-505 of this subtitle, a...

Section 17-504 - Authorized Accounts - Unless the owner and beneficial owner give written instructions to...

Section 17-505 - Maintenance and Disposition of Trust Money - (a) A real estate broker shall maintain trust money in...

Section 17-507 - Maintenance of Records - (a) Each real estate broker shall maintain all records of...

Section 17-508 - Disciplinary Action - In addition to being subject to disciplinary action under §§...

Part II - General Miscellaneous Provisions

Section 17-511 - Limitation on Interest in Business by Associate Brokers and Salespersons - (a) (1) In this section the following words have the...

Section 17-512 - Formation of Various Business Entities by Salespersons and Associate Brokers - (a) With the consent of a licensed real estate broker,...

Section 17-513 - Division of Fees With Individual Licensed in Another State - An individual licensed by this State may divide a fee...

Section 17-514 - Service of Process on and Venue for Nonresident Licensees - (a) A nonresident applicant for a license shall submit to...

Section 17-515 - Implied Consent - (a) If any of the following acts are performed by...

Section 17-516 - Actions for Compensation for Providing Real Estate Brokerage Services - A person may not bring an action or recover on...

Section 17-517 - Office - (a) Each licensed real estate broker who is a resident...

Section 17-518 - Branch Offices - (a) Subject to the provisions of this subtitle, a licensed...

Section 17-519 - Signs - (a) In accordance with this section, a real estate broker...

Section 17-520 - Change in Location of Office - (a) Within the time set by the Commission, a real...

Section 17-521 - Dishonored Checks - (a) If a person tenders a check to the Commission...

Section 17-522 - Real Estate Conservation Areas - (a) After a public hearing, the Commission may declare an...

Section 17-523 - Notice About Taxes - (a) Each real estate contract submitted to a party by...

Section 17-524 - Notice of Buyer's Right of Selection - (a) Each real estate contract submitted to a party by...

Section 17-525 - Discriminatory Real Estate Practices in Baltimore City - (a) The purpose of this section is to prohibit steering...

Section 17-526 - Discriminatory Real Estate Practices in Montgomery County - (a) The purpose of this section is to prohibit certain...

Section 17-527 - Solicitation of Listings in Baltimore City and Baltimore County - In Baltimore City and Baltimore County, a real estate broker,...

Section 17-527.1 - Cessation of Errors and Omissions Insurance - (a) This section applies to a real estate broker who...

Section 17-527.2 - Use of Trade Names by Real Estate Brokers and Salespersons -- Advertisements - (a) (1) In this section the following words have the...

Section 17-527.3 - Use of Trade Names by Real Estate Brokers and Salespersons -- Approval by Commission - (a) A licensed real estate salesperson, licensed real estate broker,...

Section 17-527.4 - Verification of Service Provider Licensing Status - (a) (1) In this section, “service provider” includes a mortgage...

Part III - Duties of Licensees

Section 17-528 - Definitions - (a) In this Part III of this subtitle the following...

Section 17-529 - Applicability of Subtitle - (a) This Part III of this subtitle applies only to:...

Section 17-530 - Disclosure of Relationship With Lessor, Seller, Buyer, or Lessee - (a) (1) Except as provided in paragraphs (2) and (3)...

Section 17-530.1 - Dual Agents - (a) Except as otherwise provided in subsection (b) of this...

Section 17-530.2 - Standard Disclosure or Consent Form - (a) (1) A licensed real estate broker, licensed associate real...

Section 17-531 - Additional Duties and Obligations - This Part III of this subtitle does not prohibit a...

Section 17-532 - Duties to Client - (a) A licensee shall comply with the provisions of this...

Section 17-534 - Brokerage Relationship - (a) A brokerage relationship commences at the time that a...

Section 17-535 - Common Source Information Company - (a) A licensee may not be deemed to be an...

Part IV - Nonresident Commercial Real Estate Brokers

Section 17-536 - Definitions - (a) In this Part IV of this subtitle the following...

Section 17-537 - Engaging in a Commercial Real Estate Transaction by Nonresident Real Estate Broker - (a) A nonresident real estate broker may engage in a...

Section 17-538 - Authorization to Engage in a Commercial Real Estate Transaction; Nonresident Real Estate Salesperson - (a) Upon approval by the Commission, a nonresident real estate...

Section 17-539 - Trust Money - All trust money paid on account of a transaction involving...

Section 17-540 - Executive Director as Agent for Process - By filing the written consent required under § 17-537(b)(6) of...

Part V - Provision of Real Estate Brokerage Services Through a Team

Section 17-543 - "Team" Defined - In this Part V of this subtitle, “team” means two...

Section 17-544 - Team Leader; Duties; Lists - (a) Each team shall designate a team leader who shall...

Section 17-545 - Supervision; Adherence to Rules, Practices, and Procedures - (a) The team leader shall exercise reasonable and adequate supervision...

Section 17-546 - Intracompany Agents - (a) A real estate broker or a designee of the...

Section 17-547 - Name; Advertising; Connection to Name of Brokerage - (a) The name of the team may not contain the...

Section 17-548 - Conducting of Real Estate Brokerage Activities - Team members must conduct all real estate brokerage activities from...

Subtitle 6 - Prohibited Acts; Penalties

Section 17-601 - Providing Real Estate Brokerage Services Without License - (a) Except as otherwise provided in this title, a person...

Section 17-602 - Misrepresentation - (a) Unless authorized under this title to provide real estate...

Section 17-603 - Real Estate Brokerage Services by Unauthorized Individuals; Lending License of Real Estate Broker - (a) A real estate broker may not allow an associate...

Section 17-604 - Paying Compensation - (a) Except as provided in subsection (b) of this section,...

Section 17-605 - Prohibited Payments to Lawyers; Soliciting Referral Business - (a) (1) Except as otherwise provided in subsection (b) of...

Section 17-606 - Advertisements on Property Showing Cost and Capitalization of Ground Rent - A real estate broker, an associate real estate broker, or...

Section 17-607 - Designation of Title Insurance, Settlement, or Escrow Company, Mortgage Lender, Financial Institution, or Title Lawyer - (a) Except as otherwise provided in subsection (b) of this...

Section 17-608 - "Blockbusting" Prohibited - (a) (1) In this subsection, “handicap” and “familial status” each...

Section 17-609 - Solicitation of Residential Listings - If one of the purposes of the solicitation or attempted...

Section 17-610 - False Statement About Guaranty Fund - A person may not submit to the Commission any notice,...

Section 17-611 - Violation of Suspension Order for Real Estate Conservation Areas - A person may not violate a suspension order issued under...

Section 17-612 - Violations by Corporation, Partnership, or Other Association - A corporation, partnership, or other association may not: (1) commit...

Section 17-613 - Penalties - (a) Subject to the provisions of subsection (d) of this...

Section 17-614 - Report of Convictions - A court shall report to the Commission for appropriate action...

Subtitle 7 - Short Title; Termination of Title

Section 17-701 - Short Title - This title may be cited as the “Maryland Real Estate...

Section 17-702 - Termination of Title - Subject to the evaluation and reestablishment provisions of the Maryland...

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Maryland Statutes Business Occupations and Professions Title 17 - Real Estate Brokers

Maryland Statutes
Business Occupations and Professions
Title 17 - Real Estate Brokers