Maryland Statutes
Subtitle 1 - Interest and Usury
Section 12-121 - Lender's Inspection Fees

(a)    In this section, the term “lender’s inspection fee” means a fee imposed by a lender to pay for a visual inspection of real property.
    (b)    Except as provided in subsection (c) of this section, a lender may not impose a lender’s inspection fee in connection with a loan secured by residential real property.
    (c)    A lender’s inspection fee may be charged if the inspection is needed to ascertain completion of:
        (1)    Construction of a new home; or
        (2)    Repairs, alterations, or other work required by the lender.
    (d)    This section does not apply to an appraisal of the value of real property by a lender or to fees imposed in connection with an appraisal.

Structure Maryland Statutes