1. (a) Except as permitted by § 12-405(a) of this subtitle, any commission, finder's fee, or point shall be paid by the lender, and may be paid only to:

   1. (1) A licensed real estate broker;
   2. (2) A lawyer licensed to practice law in the State; or
   3. (3) A licensee.
2. (b) An agreement to pay a commission, finder's fee, or point may not be enforced unless it is in writing and signed by the lender.

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975.

Formerly Art. 66, § 62.