Current with changes from the 2024 Legislative Session
(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;(c) a seller may not be prohibited from offering owner financing as a condition of settlement.Added by 2024 Md. Laws, Ch. 199,Sec. 1, eff. 10/1/2024.Added by 2024 Md. Laws, Ch. 198,Sec. 1, eff. 10/1/2024.