Plain Text Law

§ 17–607

Statutes in effect as of October 1, 2026.

Md. Code Ann., Bus. Occ. & Prof. § 17-607 (2026)
Title 17. Real Estate Brokers
Subtitle 6. Prohibited Acts; Penalties

§ 17–607Copy Citation

(a)
Except as otherwise provided in subsection (b) of this section, in a real estate transaction involving a single-family dwelling, a real estate broker, an associate real estate broker, a real estate salesperson, or a lawyer acting as a real estate broker may not require a buyer, as a condition of settlement, to employ a particular:
(1)
title insurance company;
(2)
settlement company;
(3)
escrow company;
(4)
mortgage lender, or financial institution as defined in the Financial Institutions Article; or
(5)
title lawyer.
(b)
A seller may not be prohibited from offering owner financing as a condition of settlement.