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Maryland Code, Business Occupations and Professions § 17-538

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Business Occupations and Professions § 17-538 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-occupations-and-professions/md-code-bus-occup-and-prof-sect-17-538/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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