WILLIAM DONALD SCHAEFER, Governor

Ch. 563

whether the lawyer ostensibly was acting under the §
212(f)(6) exception.

In subsection (a)(2) of this section, the former
reference to an attorney "negotiating business under
subparagraph (ii) of this paragraph" is deleted as
unnecessary since the former law did not purport to
prohibit a lawyer from negotiating business with a
real estate broker, an associate real estate broker,
or a real estate salesperson.

Defined terms: "Associate real estate broker" § 4-101
"Person" § 1-101 "Real estate" § 4-101
"Real estate broker" § 4-101
"Real estate salesperson" § 4-101

4-606. ADVERTISEMENTS ON PROPERTY SHOWING COST AND
CAPITALIZATION OF GROUND RENT.

A REAL ESTATE BROKER, AN ASSOCIATE REAL ESTATE BROKER, OR A
REAL ESTATE SALESPERSON MAY NOT POST, ON REAL PROPERTY THAT IS
OFFERED FOR SALE OR EXCHANGE, AN OUTDOOR SIGN OR OTHER
ADVERTISEMENT ON WHICH THE COST AND CAPITALIZATION OF GROUND RENT
ON THE REAL PROPERTY IS SHOWN IN PRINT OR LETTERING THAT IS
SMALLER THAN THE SIZE OF THE PRINT OR LETTERING THAT IS USED TO
SHOW THE PRICE OF THE REAL PROPERTY.

SUBCOMMITTEE COMMENT: This section is new language derived
without substantive change from former Art. 56, §
227B(a).

In this section, the reference to an "associate real
estate broker" is added in conformity with provisions
added throughout this title to provide a licensing
scheme for associate real estate brokers. See the
General Subcommittee Comment to this title.

Defined terms: "Associate real estate broker" § 4-101
"Real estate broker" § 4-101
"Real estate salesperson" § 4-101

4-607. DESIGNATION OF TITLE INSURANCE, SETTLEMENT, OR ESCROW
COMPANY, OR TITLE LAWYER.

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:

- 3891 -