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Statutes Text

Article - Business Occupations and Professions




§17–604.

    (a)    Except as provided in subsection (b) of this section, a real estate broker, an associate real estate broker, or a real estate salesperson may not pay compensation, in any form, for the provision of real estate brokerage services to any person who is not licensed under this title.

    (b)    This section does not prohibit the payment of compensation to:

        (1)    an individual:

            (i)    who is licensed in another state; and

            (ii)    who meets the requirements of § 17–513 of this title;

        (2)    a professional service corporation formed under § 17–512 of this title;

        (3)    a limited liability company formed under § 17–512 of this title; or

        (4)    a business entity formed under § 17–512 of this title.



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