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Section 17-538 - Authorization to Engage in a Commercial Real Estate Transaction; Nonresident Real Estate Salesperson — Maryland Law | CourtGPT
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  8. Section 17-538 - Authorization to Engage in a Commercial Real Estate Transaction; Nonresident Real Estate Salesperson
Maryland Legal Code
(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.

Section 17-538 - Authorization to Engage in a Commercial Real Estate Transaction; Nonresident Real Estate Salesperson

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