2208                                          LAWS OF MARYLAND                                      Ch. 629

(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 AS A CONDITION TO GRANTING THE LOAN.

(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.

12-122.

ANY LENDER WHO KNOWINGLY AND WILLFULLY VIOLATES ANY
PROVISION OF § 12-102 § 12-103, § 12-109.2, § 12-113, § 12-118,
§ 12-119, § 12,120, OR § 12-121 OF THIS SUBTITLE IS GUILTY OF A
MISDEMEANOR AND ON CONVICTION IS SUBJECT TO A FINE NOT EXCEEDING
$500 OR IMPRISONMENT NOT EXCEEDING 6 MONTHS OR BOTH.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1986.

Approved May 27, 1986.

CHAPTER 629

(Senate Bill 419)

AN ACT concerning

Housing - Rental Housing Assistance

FOR the purpose of increasing the supply of decent, safe and
sanitary rental housing for occupancy by families of lower
income; providing a program of financial assistance for
certain costs of acquiring, constructing, or rehabilitating
rental housing; providing for the participation of political
subdivisions in the production of affordable rental housing
for families of lower income; generally relating to
financial assistance for the development of rental housing
which is affordable by families of lower income; authorizing
a pilot program of rental allowance payments to certain low