Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 09. Maryland Department of Labor |
Subtitle 11. REAL ESTATE COMMISSION |
Chapter 09.11.02. Code of Ethics |
Sec. 09.11.02.03. Relations to Fellow Licensees
Latest version.
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A. The agency of a licensee who holds an exclusive listing, shall be respected.
B. 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.
C. Signs giving notice of property for sale, rent, lease, or exchange may not be placed on any property without the owner's prior consent.