Maryland Business Occupations and Professions Section 17-316

Article - Business Occupations and Professions

§ 17-316.

CAUTION: READ FULL TEXT OF SECTION FOR SPECIAL NOTE

      (a)      (1)      The Commission shall place the license of a real estate broker on inactive status if the real estate broker:

                  (i)      requests that the license of the broker be placed on inactive status; and

                  (ii)      surrenders the license certificate and pocket card of the broker to the Commission.

            (2)      The Commission shall place the license of an associate real estate broker or a real estate salesperson on inactive status if:

                  (i)      the associate broker or salesperson no longer is affiliated with the licensed real estate broker whose firm is named in the license certificate of the associate broker or salesperson; or

                  (ii)      the associate broker or salesperson:

                        1.      requests that the license of the associate broker or salesperson be placed on inactive status; and

                        2.      surrenders the license certificate and pocket card of the associate broker or salesperson to the Commission.

      (b)      (1)      A licensee whose license is on inactive status may not provide real estate brokerage services through that license.

            (2)      The placement of a license on inactive status does not affect the power of the Commission to suspend or revoke the license or to take any other disciplinary action against the licensee.

      (c)      Unless a license on inactive status is reactivated, the license expires 4 years after the date it is placed on inactive status.

      (d)      (1)      Subject to paragraph (2) of this subsection, a licensee whose license is on inactive status remains responsible for renewing the license as required under § 17-314 of this subtitle.

            (2)      Subject to the 4-year limitation under subsection (c) of this section, a licensee may renew a license while it is on inactive status without complying with the continuing education requirements of § 17-315 of this subtitle.

      (e)      (1)      The Commission shall reactivate the license of a real estate broker that is on inactive status and reissue a license certificate and pocket card to the broker if the broker:

                  (i)      requests that the license be reactivated;

                  (ii)      pays to the Commission a reissuance fee of $10; and

                  (iii)      meets the continuing education requirements that would have been required for renewal of a license under § 17-315 of this subtitle if the license had not been on inactive status.

            (2)      The Commission shall reactivate the license of an associate real estate broker or a real estate salesperson that is on inactive status and reissue a license certificate and pocket card to the associate broker or salesperson if the associate broker or salesperson:

                  (i)      requests that the license be reactivated;

                  (ii)      pays to the Commission a reissuance fee of $10;

                  (iii)      meets the continuing education requirements that would have been required for renewal of a license under § 17-315 of this subtitle if the license had not been on inactive status; and

                  (iv)      submits to the Commission adequate evidence that the associate broker or salesperson has obtained, from a licensed real estate broker, a commitment providing that the associate broker or salesperson shall become affiliated with the broker as an associate real estate broker or a real estate salesperson on reactivation of the license of the associate broker or salesperson.

** SPECIAL NOTE: EFFECTIVE - JULY 1, 2006 - CHAPTER 399 - 2005 **

      (a)      (1)      The Commission shall place the license of a real estate broker on inactive status if the real estate broker:

                  (i)      requests that the license of the broker be placed on inactive status; and

                  (ii)      surrenders the license certificate and pocket card of the broker to the Commission.

            (2)      The Commission shall place the license of an associate real estate broker or a real estate salesperson on inactive status if:

                  (i)      the associate broker or salesperson no longer is affiliated with the licensed real estate broker whose firm is named in the license certificate of the associate broker or salesperson; or

                  (ii)      the associate broker or salesperson:

                        1.      requests that the license of the associate broker or salesperson be placed on inactive status; and

                        2.      surrenders the license certificate and pocket card of the associate broker or salesperson to the Commission.

      (b)      (1)      A licensee whose license is on inactive status may not provide real estate brokerage services through that license.

            (2)      The placement of a license on inactive status does not affect the power of the Commission to suspend or revoke the license or to take any other disciplinary action against the licensee.

      (c)      Unless a license on inactive status is reactivated, the license expires 4 years after the date it is placed on inactive status.

      (d)      (1)      Subject to paragraph (2) of this subsection, a licensee whose license is on inactive status remains responsible for renewing the license as required under § 17-314 of this subtitle.

            (2)      Subject to the 4-year limitation under subsection (c) of this section, a licensee may renew a license while it is on inactive status without complying with the continuing education requirements of § 17-315 of this subtitle.

      (e)      (1)      The Commission shall reactivate the license of a real estate broker that is on inactive status and reissue a license certificate and pocket card to the broker if the broker:

                  (i)      requests that the license be reactivated;

                  (ii)      pays to the Commission a reissuance fee set by the Commission; and

                  (iii)      meets the continuing education requirements that would have been required for renewal of a license under § 17-315 of this subtitle if the license had not been on inactive status.

            (2)      The Commission shall reactivate the license of an associate real estate broker or a real estate salesperson that is on inactive status and reissue a license certificate and pocket card to the associate broker or salesperson if the associate broker or salesperson:

                  (i)      requests that the license be reactivated;

                  (ii)      pays to the Commission a reissuance fee set by the Commission;

                  (iii)      meets the continuing education requirements that would have been required for renewal of a license under § 17-315 of this subtitle if the license had not been on inactive status; and

                  (iv)      submits to the Commission adequate evidence that the associate broker or salesperson has obtained, from a licensed real estate broker, a commitment providing that the associate broker or salesperson shall become affiliated with the broker as an associate real estate broker or a real estate salesperson on reactivation of the license of the associate broker or salesperson.



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