Md. Code Regs. 09.11.01.01

Current through Register Vol. 51, No. 12, June 14, 2024

Section 09.11.01.01 - Amount of Brokerage Agreed Upon

A. Each listing contract or sales contract shall state the amount of brokerage agreed upon, in either a specific amount or a specific percentage.

B. The licensee may not accept a listing contract to sell real property that provides for a net return to the seller, leaving the licensee free to sell the real property at a price higher than the net price.

Md. Code Regs. 09.11.01.01

Regulations .01 effective March 16, 1967