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WILLIAM DONALD SCHAEFER, Governor Ch. 3
"Licensed real estate broker" § 16-101
"Real estate broker" § 16-101
"Real estate salesperson" § 16-101
16-320. EMPLOYMENT OF AND CONTRACTUAL ARRANGEMENTS WITH
SALESPERSONS AND ASSOCIATE BROKERS.
(A) IN GENERAL.
(1) SUBJECT TO THE PROVISIONS OF THIS SECTION, A
LICENSED REAL ESTATE BROKER MAY UTILIZE AS AN INDEPENDENT
CONTRACTOR, EMPLOY, OR OTHERWISE CONTRACT WITH A LICENSED REAL
ESTATE SALESPERSON OR A LICENSED ASSOCIATE REAL ESTATE BROKER TO
PROVIDE REAL ESTATE BROKERAGE SERVICES ON BEHALF OF THE LICENSED
REAL ESTATE BROKER.
(2) A REAL ESTATE BROKER MAY NOT PROVIDE REAL ESTATE
BROKERAGE SERVICES THROUGH ANY OTHER INDIVIDUAL UNLESS THE
INDIVIDUAL IS LICENSED AS AN ASSOCIATE REAL ESTATE BROKER OR REAL
ESTATE SALESPERSON TO PROVIDE REAL ESTATE BROKERAGE SERVICES ON
BEHALF OF THE REAL ESTATE BROKER.
(B) LEGAL STATUS.
ANY INDIVIDUAL, INCLUDING A LICENSED ASSOCIATE REAL ESTATE
BROKER, WHO PROVIDES REAL ESTATE BROKERAGE SERVICES ON BEHALF OF
A REAL ESTATE BROKER SHALL BE CONSIDERED A REAL ESTATE
SALESPERSON WITH RESPECT TO THE PROVISION OF THOSE SERVICES.
(C) SUPERVISION BY REAL ESTATE BROKER.
(1) A REAL ESTATE BROKER SHALL EXERCISE REASONABLE
AND ADEQUATE SUPERVISION OVER THE PROVISION OF REAL ESTATE
BROKERAGE SERVICES BY ANY OTHER INDIVIDUAL, INCLUDING AN
INDEPENDENT CONTRACTOR, ON BEHALF OF THE BROKER.
(2) THE REQUIREMENT OF PARAGRAPH (1) OF THIS
SUBSECTION APPLIES REGARDLESS OF THE MANNER IN WHICH THE
INDIVIDUAL WHO PROVIDES THE SERVICES IS AFFILIATED WITH THE REAL
ESTATE BROKER ON WHOSE BEHALF THE SERVICES ARE PROVIDED.
(D) TERMINATION OF AFFILIATION.
IF THE AFFILIATION BETWEEN A REAL ESTATE BROKER AND A REAL
ESTATE SALESPERSON OR AN ASSOCIATE REAL ESTATE BROKER TERMINATES,
THE REAL ESTATE BROKER IMMEDIATELY SHALL:
(1) MAIL TO THE SALESPERSON OR ASSOCIATE BROKER, AT
THE LAST KNOWN ADDRESS OF THAT INDIVIDUAL, NOTICE THAT THE
AFFILIATION IS TERMINATED;
(2) SUBMIT TO THE COMMISSION WRITTEN NOTICE THAT THE
AFFILIATION IS TERMINATED, INCLUDING A COPY OF THE NOTICE MAILED
TO THE SALESPERSON OR ASSOCIATE BROKER; AND
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