Page:United States Statutes at Large Volume 50 Part 1.djvu/818

 75T H CONGRESS, lsT SESSION-CH. 734-AUGUST 25, 19 37 Every real-estate broker shall maintain a place of business in the District of Columbia. If a real-estate broker maintains more than one place of business within the District of Columbia, a duplicate license shall be issued to such broker for each branch office main- tained ; and there shall be no fee charged for any such duplicate license. Notice in writing shall be given to the Commission by each licensee of a ny chan ge of princip al busi ness lo cation, whereu pon the Com- mission shall cause to be issued a new license for the unexpired period without charge. The change of business location without notification to the Commission shall automatically cancel the license theretofore issued. When any real-estate salesman shall be discharged or shall termi- nat e his empl oyment with the real- estat e brok er by whom he i s employed, it shall be the duty of such real-estate broker to imme- diately deliver or mail by registered mail to the Commission such real-estate salesman's license. The real-estate broker shall, at the time of delive ring or ma iling such real-esta te salesma n's licens e to the Commission, address a communication by registered mail to the la st-kno wn resi dence a ddress of such real-e state s alesman, which communication shall advise such real-estate salesman that his license has been delivered or mailed to the Commission. A copy of such communication to the real-estate salesman shall accompany the license when mailed or delivered to the Commission. It shall be unlawful fo r any real -estate sa lesman to perform any of the ac ts contemp lated by this Act, either directly or indirectly, under authority of said li cense from and after three day s following such deli very or ma iling of the said license by said broker to the Commission. There shall be no additional fee for the reissuance of a salesman's license necessitated by the change of employers, nor shall such change work a revocation or require a renewal of the salesman's bond. SUSPENSION OR REVOCATION OF LICENSE FOR CAUSES ENUMERATED SEC. 8. The Commission may, upon its own motion, and shall, upon the verified complaint in writing of any person, provided such com- plaint or such complaint together with evidence, documentary or otherwise, presented in connect ion therew ith, make out a prim a-facie case, investigate the conduct of any real-estate broker or real-estate salesman, or any person who shall assume to act in either such capacity within the District o f Columbia, and shal l have the power to suspend or to revoke any lic ense issued under t he provisions of th is Act, at any time where the licensee has by false or fraudulent representation obtained a license ; or where the licensee, in performing or attempting to perform any of the acts mentioned herein, has- (a) Made any substantial misrepresentation ; (b) Made any false promises of a character likely to influence, persuade, or induce ; (c ) Pursued a continue d and flagr ant course of misrep resentatio n, or making of false promises t hrough agen ts or sale smen, or a dvertis- ing or otherwise ; (d) Acted for more than one party in a transaction without the knowledge of all parties for whom he acts ; ( e) Acc epted a commis sion or valuab le cons iderati on as a real- estat e sales man for the pe rforman ce of a ny of t he acts speci fied in this Act from any person, except an employer who is a licensed real-estate br oker ; (f) Represented or attempted to represent a real-estate broker other than the employer, without the express knowledge and consent of the employer ; Reis sua nce . 793 Maintenance of pla ce of bus iness. Change of location. Salesman's license, return on termination of service. Acting without li- cense. Suspension or revo- cation of lice nse ; cau ses enu mera ted.