(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.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.