Ch. 3 LAWS OF MARYLAND
(1) EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (B) OF
THIS SECTION, A REAL ESTATE BROKER, AN ASSOCIATE REAL ESTATE
BROKER, OR A REAL ESTATE SALESPERSON MAY NOT PAY OR OFFER TO PAY
A COMMISSION TO A LAWYER SIMPLY FOR THE REFERRAL OF A PERSON AS A
POSSIBLE PARTY TO A RESIDENTIAL REAL ESTATE TRANSACTION.
(2) A REAL ESTATE BROKER, AN ASSOCIATE REAL ESTATE
BROKER, OR A REAL ESTATE SALESPERSON MAY NOT SOLICIT REFERRAL
BUSINESS FROM LAWYERS BY A MASS SOLICITATION THAT OFFERS TO PAY
FEES OR COMMISSIONS TO THE LAWYERS.
(B) LICENSEES EXEMPTED.
SUBSECTION (A)(1) OF THIS SECTION DOES NOT APPLY TO PAYMENTS
OR OFFERS OF PAYMENTS TO LAWYERS WHO HOLD A REAL ESTATE BROKER
LICENSE UNDER THIS TITLE OR ARE OTHERWISE ENTITLED TO A
COMMISSION.
(C) SCOPE OF PROHIBITIONS.
OTHER THAN THE COMMISSIONS EXPRESSLY PROHIBITED, SUBSECTION
(A) OF THIS SECTION DOES NOT PROHIBIT THE PAYMENT OR THE OFFER OF
A PAYMENT OF A COMMISSION BY A REAL ESTATE BROKER, AN ASSOCIATE
REAL ESTATE BROKER, OR A REAL ESTATE SALESPERSON TO A LAWYER FOR
ANY SERVICE THAT RELATES TO A REAL ESTATE TRANSACTION.
REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 4-605.
There are no changes.
Defined terms: "Associate real estate broker" § 16-101
"Person" § 1-101 "Real estate" § 16-101
"Real estate broker" § 16-101
"Real estate salesperson" § 16-101
16-606. 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.
REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 4-606.
There are no changes.
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