Maryland Code, BUSINESS OCCUPATIONS AND PROFESSIONS 17-3A-10
Terms Used In Maryland Code, BUSINESS OCCUPATIONS AND PROFESSIONS 17-3A-10
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(b) (1) Subject to paragraph (2) of this subsection, a person that holds a reciprocal license issued by the Commission may renew the reciprocal license in accordance with the renewal procedures for the comparable or equivalent standard license under § 17-314 of this title.
(2) At the time of application for the renewal of a reciprocal license, the applicant shall provide proof that the applicant:
(i) continues to hold a current license in the state in which the applicant’s principal place of business is located; and
(ii) is not the subject of a disciplinary action or a current investigation or proceeding alleging misconduct under a real estate licensing law of the state in which the applicant’s principal place of business is located.
(c) The holder of a reciprocal license is:
(1) not eligible to be a member of the Commission;
(2) exempt from the requirements of §§ 17-303, 17-304, 17-305, 17-315, 17-503, and 17-517 of this title; and
(3) exempt from having to pass an examination required for a comparable standard license.