Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 09. Maryland Department of Labor |
Subtitle 11. REAL ESTATE COMMISSION |
Chapter 09.11.01. General Regulations |
Sec. 09.11.01.01. Amount of Brokerage Agreed Upon
Latest version.
-
A. Each listing contract or sales contract shall state the amount of brokerage agreed upon, in either a specific amount or a specific percentage.
B. The licensee may not accept a listing contract to sell real property that provides for a net return to the seller, leaving the licensee free to sell the real property at a price higher than the net price.