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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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REAL PROPERTY |
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TITLE 7. MORTGAGES, DEEDS OF TRUST, AND VENDOR'S LIENS |
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SUBTITLE 3. PROTECTION OF HOMEOWNERS IN FORECLOSURE ACT |
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PART II. FORECLOSURE CONSULTANTS |
§ 7-308. Foreclosure consultant license
Latest version.
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(a) Definitions. --
(1) In this section the following words have the meanings indicated.
(2) "License" has the meaning stated in § 17-101(g) of the Business Occupations and Professions Article.
(3) "Provide real estate brokerage services" has the meaning stated in § 17-101(l) of the Business Occupations and Professions Article.
(b) License required. -- A foreclosure consultant who provides real estate brokerage services shall be licensed as required under Title 17 of the Business Occupations and Professions Article.
(c) License to be presented. -- A foreclosure consultant shall present a copy of the license to a homeowner no later than the time a foreclosure consulting contract is executed.