Md. Code Ann., Bus. Occ. & Prof. § 17-319
Death of real estate broker and reissuance of license
Effective Oct 1, 2023Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Renumbered from Business Occupations and Professions § 16-319 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994. Amended by Acts 2018, c. 77, § 1, eff. Oct. 1, 2018; Acts 2018, c. 78, § 1, eff. Oct. 1, 2018; Acts 2023, c. 516, § 1, eff. Oct. 1, 2023.State of Maryland
- (a) In this section, “disability” means a total and permanent disability that renders a broker unable to perform real estate brokerage services.
(b)
- (1) Subject to paragraph (2) of this subsection and subsection (c) of this section, on the disability or death of a licensed real estate broker, any adult member of the family of the disabled or deceased broker may carry on the business of the disabled or deceased broker for up to 6 months for the purposes of closing and terminating the business.
(2)
- (i) A family member under paragraph (1) of this subsection may not carry on the business of a disabled or deceased licensed real estate broker until the death certificate or evidence of the disability has been provided to the Commission.
- (ii) If a death certificate or evidence of disability is not provided to the Commission within a reasonable time, the business may designate another individual who is a licensed real estate broker to provide real estate brokerage services for the business under § 17-319.1 of this subtitle.
(c) To qualify to carry on the business of a disabled or deceased real estate broker, a family member shall:
- (1) surrender the license certificate and pocket card of the disabled or deceased real estate broker to the Commission; and
- (2) submit to the Commission any information or documentation required by the Commission.
(d)
- (1) The Commission shall reissue the license of a disabled or deceased real estate broker to a family member who qualifies to carry on the business of the broker under subsection (c) of this section.
- (2) The term of the reissuance shall be 6 months.
(e) Before the end of the 6-month period for carrying on the business of a disabled or deceased real estate broker, an individual may qualify for the license of the disabled or deceased broker if:
- (1) the individual is a member of the immediate family of the disabled or deceased broker;
- (2) the individual has been continuously licensed as a real estate salesperson for the immediately preceding 3 years;
- (3) regardless of whether the individual has met the educational requirements for a real estate broker license under § 17-305 of this subtitle, the individual passes the real estate broker's examination under § 17-306 of this subtitle;
- (4) the individual surrenders the real estate salesperson license certificate and pocket card of the individual to the Commission; and
- (5) there has been compliance with the requirements of subsection (c) of this section.
- (f) The Commission shall reissue the license of a disabled or deceased real estate broker to an individual who qualifies for the license of the broker under subsection (e) of this section.
(g)
- (1) An individual who qualifies for and is reissued the license of a disabled or deceased real estate broker may hold the license for up to 4 years from the time of reissuance without meeting the educational requirements for a real estate broker license under § 17-305 of this subtitle.
- (2) Subject to the 4-year restriction under paragraph (1) of this subsection, an individual who has been reissued the license of a disabled or deceased real estate broker is responsible for renewing the license as required under § 17-314 of this subtitle.
- (3) If an individual who has been reissued the license of a disabled or deceased real estate broker does not meet the educational requirements for a real estate broker license within the 4-year period, the license shall expire automatically at the end of that period.
- (4) If an individual who has been reissued the license of a disabled or deceased real estate broker meets the educational requirements for a real estate broker license within the 4-year period, the individual may continue to hold the license and may renew the license under § 17-314 of this subtitle.
Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Renumbered from Business Occupations and Professions § 16-319 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994. Amended by Acts 2018, c. 77, § 1, eff. Oct. 1, 2018; Acts 2018, c. 78, § 1, eff. Oct. 1, 2018; Acts 2023, c. 516, § 1, eff. Oct. 1, 2023.
Formerly Art. 56A, § 4-319.