<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="12-406" title_number="12" title_name="Credit Regulations" subtitle_number="4" subtitle_name="Secondary Mortgage Loans -- Credit Provisions">
  <level label="a">
    <text>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:</text>
    <level label="1">
      <text>A licensed real estate broker;</text>
    </level>
    <level label="2">
      <text>A lawyer licensed to practice law in the State; or</text>
    </level>
    <level label="3">
      <text>A licensee.</text>
    </level>
  </level>
  <level label="b">
    <text>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.</text>
  </level>
</section>
