1. (a) Subject to the provisions of this section, the Commission may waive any requirement of this subtitle for a particular license for an applicant who holds a comparable or equivalent license granted by another state.

2. (b) The Commission may grant a waiver under this section only if the applicant:

   1. (1) pays the application fee required under § 17-307 of this subtitle for the license for which the applicant is applying;
   2. (2) provides adequate evidence that the applicant meets the qualifications otherwise required by this subtitle for the license for which the applicant is applying;
   3. (3) submits a certified copy of the applicant's license from the other state that is comparable or equivalent to the license for which the applicant is applying; and
   4. (4) if the applicant holds a license comparable or equivalent to a real estate broker license, provides adequate evidence that the applicant actively maintains an office in the other state.

Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Renumbered from Business Occupations and Professions § 16-308 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994.

Formerly Art. 56A, § 4-308.