§ 47-2853.183 — Licensure of real estate organizations.

District of Columbia § 47-2853.183

• Jurisdiction: District of Columbia
• Title 47: Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
• Ch. 28: General License Law.
• Subch. I-B: Non-Health Related Occupations and Professions Licensure.
• Part O: Special Rules for Real Estate Brokers, Real Estate Salespersons, and Property Managers.

Text

No real estate broker’s license shall be issued to any firm, franchise, partnership, association, or corporation unless the Mayor finds that:

(1) The applicant is organized and exists pursuant to applicable District and federal laws;

(2) Every person member, partner, trustee, or officer who is engaged in activities defined in this subsection is licensed under this subchapter;

(3) Every employee who will render professional services holds a valid license or certificate issued by the Board; and

(4) Every branch office is managed by a licensed real estate broker.

Legislative History

Apr. 20, 1999, D.C. Law 12-261, § 1002, 46 DCR 3142