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D.C. Code § 47-2853.182

Transfer of license; change of status.

Official textus-dc/statcode.dccouncil.gov
Summarize

# (a)

A license issued to a real estate broker, real estate broker or property manager shall not be transferred to another person.

# (b)

A person licensed as a real estate broker may, upon written request to the Mayor, change his or her status from that of a real estate broker to that of a member, partner, trustee, or officer of a firm, franchise, partnership, association, or corporation, or to that of an associate real estate broker with a corporation, for any unexpired portion of his or her licensure term, upon the payment of the requisite fees required pursuant to this subchapter.

# (c)

Any broker who wishes to change his or her status to that of an associate real estate broker shall notify the Board of Real Estate by certified mail.

# (d)

For the purposes of this part, the term “associate real estate broker” means any person licensed under this subchapter as a broker who is employed by a real estate broker, franchise firm, association, business, or corporation, but who is not a partner, an officer or a principal broker within a licensed legal entity.

Source: official DC Code section page (code.dccouncil.gov)

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In this chapter (40 sections)
  1. 47-2853.121 · Scope of practice for plumbers or gasfitters.
  2. 47-2853.122 · Eligibility requirements.
  3. 47-2853.123 · Certain representations prohibited.
  4. 47-2853.131 · Scope of practice for engineers.
  5. 47-2853.132 · Eligibility requirements.
  6. 47-2853.133 · Certain representations prohibited.
  7. 47-2853.141 · Scope of practice for property managers.
  8. 47-2853.142 · Eligibility requirements.
  9. 47-2853.143 · Certain representations prohibited.
  10. 47-2853.151 · Scope of practice for real estate appraisers.
  11. 47-2853.152 · Eligibility requirements.
  12. 47-2853.153 · Certain representations prohibited.
  13. 47-2853.154 · Appraisal Education Fund.
  14. 47-2853.161 · Scope of practice for real estate brokers.
  15. 47-2853.162 · Eligibility requirements.
  16. 47-2853.163 · Certain representations prohibited.
  17. 47-2853.171 · Scope of practice for real estate salespersons.
  18. 47-2853.172 · Eligibility requirements.
  19. 47-2853.173 · Certain representations prohibited.
  20. 47-2853.181 · Exemptions from licensure requirement.
  21. 47-2853.182 · Transfer of license; change of status.
  22. 47-2853.183 · Licensure of real estate organizations.
  23. 47-2853.184 · Place of business.
  24. 47-2853.185 · Prohibited names.
  25. 47-2853.186 · Automatic suspension of license through affiliation.
  26. 47-2853.187 · Effect of corporate, partnership, or association license…
  27. 47-2853.191 · Fiduciary duties when representing a seller.
  28. 47-2853.192 · Fiduciary duties when representing a buyer.
  29. 47-2853.193 · Fiduciary duties when representing a landlord of leased…
  30. 47-2853.194 · Fiduciary duties when representing a tenant.
  31. 47-2853.195 · Fiduciary duties of a property manager.
  32. 47-2853.196 · General provisions governing disclosure of brokerage…
  33. 47-2853.197 · Prohibited acts.
  34. 47-2853.198 · Acts not required to be disclosed.
  35. 47-2853.201 · Scope of practice for refrigeration and air conditioning…
  36. 47-2853.202 · Eligibility requirements.
  37. 47-2853.203 · Certain representations prohibited.
  38. 47-2853.207 · Definitions.
  39. 47-2853.208 · Detective and security agencies; security services…
  40. 47-2853.211 · Scope of practice for steam and other operating engineers.
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