§ 17-3A-10
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/md/business-occupations-and-professions/17-3a-10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§17–3A–10.
(a)Subject to subsection
(c)of this section, the holder of a reciprocal license has the same rights and responsibilities as a person who holds a comparable standard license issued under this title.
(1)Subject to paragraph
(2)of this subsection, a person that holds a reciprocal license issued by the Commission may renew the reciprocal license in accordance with the renewal procedures for the comparable or equivalent standard license under § 17-314 of this title.
(2)At the time of application for the renewal of a reciprocal license, the applicant shall provide proof that the applicant:
(i)continues to hold a current license in the state in which the applicant’s principal place of business is located; and
(ii)is not the subject of a disciplinary action or a current investigation or proceeding alleging misconduct under a real estate licensing law of the state in which the applicant’s principal place of business is located.
(c)The holder of a reciprocal license is:
(1)not eligible to be a member of the Commission;
(2)exempt from the requirements of §§ 17-303, 17-304, 17-305, 17-315, 17-503, and 17-517 of this title; and
(3)exempt from having to pass an examination required for a comparable standard license.