Public-domain · open source
OpenJurist

Md. Code Ann., Bus. Occ. & Prof. § 17-538

Known as the Maryland Real Estate Brokers Act

The act spans §§ 17–17 (136 sections).

(a) Upon approval by the Commission, a nonresident real estate broker may engage in a transaction in this State with respect to commercial real estate.

(b) A nonresident real estate salesperson licensed in another jurisdiction and affiliated with a nonresident real estate broker may engage in a transaction in this State with respect to commercial real estate if:

(1) the nonresident real estate salesperson is licensed with and provides real estate brokerage services under the direct supervision of the nonresident real estate broker;

(2) the nonresident real estate broker satisfies the requirements of § 17-537 of this subtitle; and

(3) the nonresident real estate salesperson provides real estate brokerage services in the name of the nonresident real estate broker.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.