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Maryland · Through 2026-01-01

Md. Code, Business Occupations and Professions § 17–607.1

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  1. Article - Business Occupations and Professions

(a) In this section, “commercial real estate” has the meaning stated in § 17–524.1 of this title.

(b) Except as otherwise provided in subsection (c) of this section, in a real estate transaction involving commercial real estate, a real estate broker, a nonresident real estate broker, an associate real estate broker, a real estate salesperson, a nonresident 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:

(1) title insurance company;

(2) settlement company;

(3) escrow company; or

(4) title lawyer.

(c) A seller may not be prohibited from offering owner financing as a condition of settlement.

Collected 2026-09-14T19:56:13Z. Source file · JSON

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