Md. Code, Com. § 12-806

Current with changes from the 2024 Legislative Session

Section 12-806 - Refund of finder's fee

A borrower is entitled to a refund of any finder's fee paid to a mortgage broker if:

(1) The loan transaction is not made to the borrower; or

(2) The borrower exercises his right to rescind the loan transaction under the federal Truth in Lending Act or any similar federal or State law.

Md. Code, CL § 12-806