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

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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 .