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<section article="gbo" article_name="Business Occupations and Professions" number="17-518" title_number="17" title_name="Real Estate Brokers" subtitle_number="5" subtitle_name="Miscellaneous Provisions">
  <level label="a">
    <text>Subject to the provisions of this subtitle, a licensed real estate broker may maintain branch offices in the State.</text>
  </level>
  <level label="b">
    <text>A licensed real estate broker shall obtain a branch office certificate before the broker may maintain a branch office in the State.</text>
  </level>
  <level label="c">
    <level label="1">
      <text>An applicant for a branch office certificate shall:</text>
      <level label="i">
        <text>submit to the Commission an application on the form that the Commission provides;</text>
      </level>
      <level label="ii">
        <text>submit to the Commission written notice of the identity of the individual appointed as manager of the branch office under subsection (d) of this section; and</text>
      </level>
      <level label="iii">
        <text>pay to the Commission an application fee of $5.</text>
      </level>
    </level>
    <level label="2">
      <text>The Commission shall issue a branch office certificate to each licensed real estate broker who meets the requirements of this section.</text>
    </level>
  </level>
  <level label="d">
    <level label="1">
      <text>Subject to paragraph (2) of this subsection, the licensed real estate broker shall designate a manager, which may be the broker, for each branch office of the broker.</text>
    </level>
    <level label="2">
      <text>If the licensed real estate broker designates another individual as a branch office manager, the manager shall be:</text>
      <level label="i">
        <text>a licensed associate real estate broker;</text>
      </level>
      <level label="ii">
        <text>a licensed real estate salesperson who has at least 3 years’ experience providing real estate brokerage services; or</text>
      </level>
      <level label="iii">
        <text>a licensed real estate salesperson who:</text>
        <level label="1">
          <text>has completed successfully a course in real estate approved by the Commission for real estate brokers; and</text>
        </level>
        <level label="2">
          <text>has passed the real estate broker’s examination given by the Commission under § 17–306 of this title.</text>
        </level>
      </level>
    </level>
    <level label="3">
      <text>A licensed real estate salesperson seeking to qualify as a branch office manager under paragraph (2)(iii) of this subsection shall submit to the Commission, before taking the real estate broker’s examination, a commitment from the licensed real estate broker proposing to engage the salesperson as a branch office manager.</text>
    </level>
    <level label="4">
      <text>The manager shall have the responsibility to supervise the provision of real estate brokerage services by the associate brokers and sales agents registered to that office as provided for in § 17–320 of this title.</text>
    </level>
  </level>
  <level label="e">
    <level label="1">
      <text>Unless a branch office certificate is renewed for a 2–year term as provided in this subsection, the certificate expires on the first April 30 that comes:</text>
      <level label="i">
        <text>after the effective date of the certificate; and</text>
      </level>
      <level label="ii">
        <text>in an even–numbered year.</text>
      </level>
    </level>
    <level label="2">
      <text>Before a branch office certificate expires, a licensed real estate broker periodically may renew it for an additional 2–year term, if the broker:</text>
      <level label="i">
        <text>submits to the Commission a renewal application on the form that the Commission provides accompanied by the license renewal application of the manager of the branch office; and</text>
      </level>
      <level label="ii">
        <text>pays to the Commission a renewal fee of $5.</text>
      </level>
    </level>
    <level label="3">
      <text>The Commission shall renew the branch office certificate of each licensed real estate broker who meets the requirements of this section.</text>
    </level>
  </level>
</section>
