<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 09.11.02.03" title_num="09" subtitle_num="11" chapter_num="02" heading="Relations to Fellow Licensees.">
  <paragraph num="A.">
    <text>The agency of a licensee who holds an exclusive listing, shall be respected.</text>
  </paragraph>
  <paragraph num="B.">
    <text>The licensee shall cooperate with other brokers on property listed by the licensee exclusively whenever it is in the interest of the client, and share commissions on a previously agreed basis. Negotiations concerning property listed exclusively with one broker shall be carried on solely with the listing broker.</text>
  </paragraph>
  <paragraph num="C.">
    <text>Signs giving notice of property for sale, rent, lease, or exchange may not be placed on any property without the owner's prior consent.</text>
  </paragraph>
</regulation>