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2013 Maryland Code
COMMERCIAL LAW
§ 12-406 - Restrictions on payment of commissions, finder's fees, and points
MD Comm L Code § 12-406 (2013) What's This?
§12-406.
(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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