(a) There is hereby created the Real Estate Division within the Department of Administration for the purpose of establishing a centralized office to provide leasing, appraisal and other real estate services to the Secretary of the Department of Administration.
(b) The division shall be under the supervision and control of an executive director, who shall be appointed by the Governor, by and with the advice and consent of the Senate.
(c) Candidates for the position of executive director shall:
(1) Have at least a bachelor of arts or science degree from an accredited four-year college or university; and
(2)(A) Be a licensed real estate broker, pursuant to the provisions of article forty, chapter thirty of this code; or
(B) Be a licensed or certified real estate appraiser pursuant to the provisions of article thirty-eight, chapter thirty of this code; or
(3)(A) Be considered based on their demonstrated education, knowledge and a minimum of ten years’ experience in the areas of commercial real estate leasing, commercial real estate appraisal; or
(B) Any relevant experience of a minimum of ten years which demonstrates an ability to effectively accomplish the purposes of this article.
(d) The Real Estate Division is authorized to employ such employees, including, but not limited to, real estate appraisers licensed in accordance with the provisions of article thirty-eight, chapter thirty of this code, as may be necessary to discharge the duties of the division.
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