# Real Property (GRP)

## Title 10. Sales of Property

### Subtitle 7. Contracts of Sale -- Miscellaneous Provisions

#### Section 10-716

(a) In this section, "FEMA elevation certificate" has the meaning stated in Sec. 5-810 of the Environment Article.

(b)

  (1) This section applies only to residential real property improved by four or fewer single family units.

  (2) This section does not apply to:

    (i) The initial sale of a single family residence that:

      (1) Has never been occupied; or

      (2) A certificate of occupancy has been issued for within 1 year before the date on which the vendor and purchaser enter into a contract of sale;

    (ii) A transfer of property that is exempt from the transfer tax under Sec. 13-207 of the Tax - Property Article, except:

      (1) A land installment contract of sale; or

      (2) An option to purchase real property;

    (iii) A sale by a lender, or an affiliate of a lender, that acquired the real property by foreclosure or deed in lieu of foreclosure;

    (iv) A sheriff's sale, tax sale, or sale by foreclosure, partition, or court-appointed trustee;

    (v) A transfer by a fiduciary in the course of administering a decedent's estate, guardianship, conservatorship, or trust;

    (vi) A transfer of a single family residential real property that the buyer will convert into a use other than residential; or

    (vii) A sale of unimproved real property.

(c) Beginning July 1, 2027, before entering into a contract of sale, a vendor of residential real property shall provide to the purchaser:

  (1) A completed flood risk disclosure statement form developed and published by the Department of the Environment under Sec. 5-810 of the Environment Article; and

  (2) If available, a copy of the FEMA elevation certificate for the property.

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