Maryland Statutes
Subtitle 4 - Secondary Mortgage Loans -- Credit Provisions
Section 12-406 - Restrictions on Payment of Commissions, Finder's Fees, and Points

(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.

Structure Maryland Statutes