§ 12-406. Restrictions on payment of commissions, finder's fees, and points

MD Comm L Code § 12-406 (2019) (N/A)
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(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.