<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".01" citation="COMAR 09.11.01.01" title_num="09" subtitle_num="11" chapter_num="01" heading="Amount of Brokerage Agreed Upon.">
  <paragraph num="A.">
    <text>Each listing contract or sales contract shall state the amount of brokerage agreed upon, in either a specific amount or a specific percentage.</text>
  </paragraph>
  <paragraph num="B.">
    <text>The licensee may not accept a listing contract to sell real property that provides for a net return to the seller, leaving the licensee free to sell the real property at a price higher than the net price.</text>
  </paragraph>
</regulation>