(a)    (1)    The Commission shall place the license of a real estate broker on inactive status if the real estate broker:

(i)    requests that the license of the broker be placed on inactive status; and

(ii)    surrenders the license certificate and pocket card of the broker to the Commission.

(2)    The Commission shall place the license of an associate real estate broker or a real estate salesperson on inactive status if:

(i)    the associate broker or salesperson no longer is affiliated with the licensed real estate broker whose firm is named in the license certificate of the associate broker or salesperson; or

(ii)    the associate broker or salesperson:

1.    requests that the license of the associate broker or salesperson be placed on inactive status; and

2.    surrenders the license certificate and pocket card of the associate broker or salesperson to the Commission.

(b)    (1)    A licensee whose license is on inactive status may not provide real estate brokerage services through that license.

(2)    The placement of a license on inactive status does not affect the power of the Commission to suspend or revoke the license or to take any other disciplinary action against the licensee.

(c)    Unless a license on inactive status is reactivated, the license expires 3 years after the date it is placed on inactive status.

(d)    (1)    Subject to paragraph (2) of this subsection, a licensee whose license is on inactive status remains responsible for renewing the license as required under § 17–314 of this subtitle.

(2)    Subject to the 3–year limitation under subsection (c) of this section, a licensee may renew a license while it is on inactive status if the licensee complies with the continuing education requirements of § 17–315 of this subtitle.

(e)    (1)    The Commission shall reactivate the license of a real estate broker that is on inactive status and reissue a license certificate and pocket card to the broker if the broker:

(i)    requests that the license be reactivated;

(ii)    pays to the Commission a reissuance fee set by the Commission; and

(iii)    meets the continuing education requirements that would have been required for renewal of a license under § 17–315 of this subtitle if the license had not been on inactive status.

(2)    The Commission shall reactivate the license of an associate real estate broker or a real estate salesperson that is on inactive status and reissue a license certificate and pocket card to the associate broker or salesperson if the associate broker or salesperson:

(i)    requests that the license be reactivated;

(ii)    pays to the Commission a reissuance fee set by the Commission;

(iii)    meets the continuing education requirements that would have been required for renewal of a license under § 17–315 of this subtitle if the license had not been on inactive status; and

(iv)    submits to the Commission adequate evidence that the associate broker or salesperson has obtained, from a licensed real estate broker, a commitment providing that the associate broker or salesperson shall become affiliated with the broker as an associate real estate broker or a real estate salesperson on reactivation of the license of the associate broker or salesperson.