Maryland Statutes

§ 12-406

Maryland·Article gcl Commercial Law·Title 12
(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.

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Nearby Sections

15
§ 12-1001
§ 12-1001
§ 12-1002
§ 12-1002
§ 12-1003
§ 12-1003
§ 12-1004
§ 12-1004
§ 12-1005
§ 12-1005
§ 12-1006
§ 12-1006
§ 12-1007
§ 12-1007
§ 12-1007.1
§ 12-1007.1
§ 12-1008
§ 12-1008
§ 12-1009
§ 12-1009
§ 12-101
§ 12-101
§ 12-101.1
§ 12-101.1
§ 12-1010
§ 12-1010
§ 12-1011
§ 12-1011
§ 12-1012
§ 12-1012
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