# Business Regulation (GBR)

## Title 14. Business Opportunities, Franchises, and Multilevel Distribution Companies

### Subtitle 1. Business Opportunities

#### Section 14-118

(a) Each contract for the sale of a business opportunity shall be in writing.

(b) The contract shall include:

  (1) the terms and conditions of payment;

  (2) a full and detailed description of the acts or services that the seller agrees to perform for the buyer;

  (3) the address of the seller's principal office;

  (4) the name and address of the seller's resident agent; and

  (5) the approximate date that the seller will deliver to the buyer any products, equipment, or supplies.

(c) When a buyer signs a contract for the sale of a business opportunity, the seller shall give the buyer a copy of the contract.

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Md. Code Ann., Bus. Reg. (as displayed at mgaleg.maryland.gov, October 16, 2026)