Md. Code, Business Occupations and Professions § 17-538
This is the official text of Md. Code, Business Occupations and Professions § 17-538, part of Maryland’s Code, Business Occupations and Professions — governs professional and occupational licensing.
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§17–538.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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