# Real Property (GRP)

## Title 14. Miscellaneous Rules

### Subtitle 7. Partition of Real Property

#### Section 14-712

(a) A broker appointed under Sec. 14-711(b) of this subtitle to offer property for open-market sale shall file a report with the court not later than 7 days after receiving an offer to purchase the property for at least the value determined under Sec. 14-707 or Sec. 14-711 of this subtitle.

(b) A report required under subsection (a) of this section shall contain the following information:

  (1) A description of the property to be sold to each buyer;

  (2) The name of each buyer;

  (3) The proposed purchase price;

  (4) The terms and conditions of the proposed sale, including the terms of any owner financing;

  (5) The amounts to be paid to lienholders;

  (6) A statement of contractual or other arrangements or conditions of the broker's commission; and

  (7) Other material facts relevant to the sale.

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