WILLIAM DONALD SCHAEFER, Governor                        Ch. 3

(D)   ISSUANCE OF NEW BRANCH OFFICE CERTIFICATE.

ON RECEIPT OF THE NOTICE, FEE, AND BRANCH OFFICE
CERTIFICATE, THE COMMISSION SHALL ISSUE A NEW BRANCH OFFICE
CERTIFICATE TO THE REAL ESTATE BROKER FOR THE UNEXPIRED PERIOD OF
THE BRANCH OFFICE CERTIFICATE.

(E)  FAILURE TO SUBMIT NOTICE.

IF A REAL ESTATE BROKER CHANGES THE ADDRESS OF  THE PRINCIPAL

OFFICE OR A BRANCH OFFICE OF THE BROKER AND FAILS   TO SUBMIT THE

REQUIRED NOTICE, THE LICENSE OF THE BROKER SHALL    BE SUSPENDED

AUTOMATICALLY UNTIL THE BROKER SUBMITS THE REQUIRED  NOTICE.

REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 4-520.

The only changes are in style.

Defined terms: "Commission" § 16-101

"License" § 16-101 "Real estate broker" § 16-101

16-521. DISHONORED CHECKS.

(A)  ADDITIONAL FEE.

IF A PERSON TENDERS A CHECK TO THE COMMISSION IN PAYMENT OF
A FEE AND THE CHECK IS DISHONORED, THE PERSON SHALL PAY TO THE
COMMISSION AN ADDITIONAL FEE FOR COST OF COLLECTION OF $25 FOR
EACH DISHONORED CHECK.

(B)  FULL PAYMENT REQUIRED.

IF A PERSON IS CHARGED AN ADDITIONAL FEE UNDER THIS SECTION
BY THE COMMISSION, THE ORIGINAL FEE MAY NOT BE CONSIDERED PAID
UNTIL BOTH THE ORIGINAL FEE AND THE ADDITIONAL FEE ARE PAID IN
FULL.

REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 4-521.

There are no changes.

Defined terms: "Commission" § 16-101
"Person" § 1-101

16-522. REAL ESTATE CONSERVATION AREAS.

(A) IN GENERAL.

AFTER A PUBLIC HEARING, THE COMMISSION MAY DECLARE AN URBAN
AREA A "REAL ESTATE CONSERVATION AREA" IF THE COMMISSION FINDS
THAT THE RACIAL STABILITY OF THE AREA IS THREATENED BY THE VOLUME
OF REAL ESTATE TRANSACTIONS.

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