Plain Text Law

§ 12–806

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 12-806 (2026)
Title 12. Credit Regulations
Subtitle 8. Loans -- Finder's Fees

§ 12–806Copy Citation

A borrower is entitled to a refund of any finder’s fee paid to a mortgage broker if:
(1)
The loan transaction is not made to the borrower; or
(2)
The borrower exercises his right to rescind the loan transaction under the federal Truth in Lending Act or any similar federal or State law.