Maryland Code, REAL PROPERTY 10-306
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Terms Used In Maryland Code, REAL PROPERTY 10-306
- Contract: A legal written agreement that becomes binding when signed.
(a) The Division of Consumer Protection of the Office of the Attorney General shall develop and make available a standard new home disclosure form that advises purchasers of the purchasers’ rights under this subtitle.
(b) Prior to the execution of any contract for the sale of a new home under this subtitle, the vendor or builder shall:
(1) Provide the purchaser with a copy of the new home disclosure form as provided in subsection (a) of this section; and
(2) Obtain the purchaser’s signature certifying that the purchaser has received the disclosure form.