Title 4.5. Home Builder Registration — Subtitle 2. Home Builder Registration Unit; Home Builder Registration Fund
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Reg. § 4.5-201 (2026)
Title 4.5. Home Builder Registration
Subtitle 2. Home Builder Registration Unit; Home Builder Registration Fund
§ 4.5-201LinkCopy Citation
There is a Home Builder and Home Builder Sales Representative Registration Unit in the Division.
Md. Code Ann., Bus. Reg. § 4.5-202 (2026)
Title 4.5. Home Builder Registration
Subtitle 2. Home Builder Registration Unit; Home Builder Registration Fund
§ 4.5-202LinkCopy Citation
(a)
The Unit shall maintain a list of all registrants and registered sales representatives.
(b)
(1)
The Unit shall make available to each applicant for registration as a home builder or home builder sales representative a copy of this title and other applicable laws and regulations.
(2)
The Unit shall make available to each registrant and each registered sales representative any amendments to this title or other applicable laws or regulations at least 30 days before the effective date of the amendments.
(c)
(1)
In consultation with the home building industry, the Unit shall develop a consumer information pamphlet written in plain English that describes:
(i)
the rights and remedies of consumers in the purchase of a new home; and
(ii)
any other information that the Division considers reasonably necessary to assist consumers.
(2)
The Division shall provide each registered home builder with a sufficient number of copies of the consumer information pamphlets as needed by the home builder.
(3)
A home builder shall provide each contract purchaser with the consumer information pamphlet before entering into a contract for the initial sale of a new home.
(4)
The contract purchaser shall acknowledge in writing the receipt of the consumer information pamphlet.
(5)
The failure of a home builder to provide a copy of the consumer information pamphlet to a contract purchaser may not be used as a basis for invalidation of the contract for the initial sale of a new home.
(d)
The Unit shall collect and maintain information on the resolution of consumer complaints involving new home builders or home builder sales representatives.
Md. Code Ann., Bus. Reg. § 4.5-203 (2026)
Title 4.5. Home Builder Registration
Subtitle 2. Home Builder Registration Unit; Home Builder Registration Fund
§ 4.5-203LinkCopy Citation
(a)
(1)
There is a Home Builder Registration Fund.
(2)
The Division shall administer the Registration Fund.
(3)
The Registration Fund shall be used to cover the actual documented direct and indirect costs incurred for the administration and enforcement of the Maryland Home Builder Registration Act.
(4)
The Registration Fund is a continuing, nonlapsing fund, and is subject to § 7-302 of the State Finance and Procurement Article.
(5)
Unspent assets of the Registration Fund shall remain in the Registration Fund and may not revert or be transferred to the General Fund of the State.
(6)
The Registration Fund may not be supported by appropriations of State funds.
(b)
The Division shall pay all funds collected under §§ 4.5-303, 4.5-304, and 4.5-305 of this title to the Comptroller, who shall distribute the fees to the Registration Fund.
(c)
The accounts and transactions of the Registration Fund shall be subject to audit by the Legislative Auditor in accordance with §§ 2–1220 through 2–1227 of the State Government Article.