(a) Except as otherwise provided in subsection (b) of this section, in a real estate transaction involving a single-family dwelling, a real estate broker, an associate real estate broker, a real estate salesperson, or a lawyer acting as a real estate broker may not require a buyer, as a condition of settlement, to employ a particular:
(1) title insurance company;
(2) settlement company;
(3) escrow company;
(4) mortgage lender, or financial institution as defined in the Financial Institutions Article; or
(5) title lawyer.
(b) A seller may not be prohibited from offering owner financing as a condition of settlement.
Structure Maryland Statutes
Business Occupations and Professions
Title 17 - Real Estate Brokers
Subtitle 6 - Prohibited Acts; Penalties
Section 17-601 - Providing Real Estate Brokerage Services Without License
Section 17-602 - Misrepresentation
Section 17-604 - Paying Compensation
Section 17-605 - Prohibited Payments to Lawyers; Soliciting Referral Business
Section 17-606 - Advertisements on Property Showing Cost and Capitalization of Ground Rent
Section 17-608 - "Blockbusting" Prohibited
Section 17-609 - Solicitation of Residential Listings
Section 17-610 - False Statement About Guaranty Fund
Section 17-611 - Violation of Suspension Order for Real Estate Conservation Areas
Section 17-612 - Violations by Corporation, Partnership, or Other Association