Section 12-806 - Refund of finder's fee. - Maryland Statutes

§ 12-806. Refund of finder's fee.
 

A borrower is entitled to a refund of any finder's fee paid to a mortgage broker if: 

(1) The loan transaction is not made to the borrower; or 

(2) The borrower exercises his right to rescind the loan transaction under the federal Truth in Lending Act or any similar federal or State law. 
 

[1979, ch. 351.]