Md. Code Ann., Bus. Occ. & Prof. § 17-543
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2020
As of January 1, 2019
In this Part V of this subtitle, “team” means two or more licensed associate real estate brokers or licensed real estate salespersons, or any combination of licensed associate real estate brokers or licensed real estate salespersons, who:
In this Part V of this subtitle, “team” means two or more licensed associate real estate brokers or licensed real estate salespersons, or any combination of licensed associate real estate brokers or licensed real estate salespersons, who:
(1) work together on a regular basis to provide real estate brokerage services;
(1) work together on a regular basis to provide real estate brokerage services;
(2) represent themselves to the public as being part of one entity; and
(2) represent themselves to the public as being part of one entity; and
(3) designate themselves by a collective name such as team or group.
(3) designate themselves by a collective name such as team or group, or by using the words “and associates”.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.