Is it Illegal to Flip foreclosures in Maryland

[Khaled Helmi]

Was talking to a friend and they had mentioned that their realtor had said that Flipping properties in Maryland is illegal unless you have a license.  I thought it was very strange because i've never heard that, but sure enough there is some discussion on this on other blogs:

https://thebaltimoreinvestor.wordpress.com/2008/04...

It seems that Maryland Law SB 761 (2005) does have some clauses regarding dealing with homeowners in pre-foreclosure and foreclosure proceedings, but I wanted to know how applicable this law is to buying REOs, foreclosures from banks, and short sales.  

Its hard for me to believe that it applies to anything more than direct negotiations with homeowners in foreclosure, but i'd love to hear from more experienced Maryland flippers.

Thanks so much in advance!

Khaled