Terms Used In Maryland Code, BUSINESS REGULATION 4.5-603

  • Contract: A legal written agreement that becomes binding when signed.
  • including: means includes or including by way of illustration and not by way of limitation. See
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(a) (1) This subsection applies only to a development that contains 11 or more new homes to be built by the same registrant.

(2) Prior to the execution of any contract for the initial sale of a new home, a registrant shall provide the purchaser with written information about any energy-efficient options, including a statement that tax credits may be available related to the energy-efficient options, that are available for installation in the home before construction of the home is completed.

(b) A registrant shall include in any contract for the initial sale of a new home the information required under § 14-117(a)(3), (i), and (m) of the Real Property Article, if applicable.

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