§ 12-806. Refund of finder's fee  


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  •    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.


HISTORY: 1979, ch. 351.