§ 12–406
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 12-406 (2026)
Title 12. Credit Regulations
Subtitle 4. Secondary Mortgage Loans -- Credit Provisions
§ 12–406LinkCopy Citation
(a)
Except as permitted by § 12-405(a) of this subtitle, any commission, finder’s fee, or point shall be paid by the lender, and may be paid only to:
(1)
A licensed real estate broker;
(2)
A lawyer licensed to practice law in the State; or
(3)
A licensee.
(b)
An agreement to pay a commission, finder’s fee, or point may not be enforced unless it is in writing and signed by the lender.