A real estate broker shall include in each sales contract that is provided by the real estate broker a written notice to the buyer that the buyer is protected by the Guaranty Fund in an amount not exceeding $50,000.
Structure Maryland Statutes
Business Occupations and Professions
Title 17 - Real Estate Brokers
Subtitle 4 - Real Estate Guaranty Fund
Section 17-401 - Scope of Subtitle
Section 17-402 - Establishment of Guaranty Fund; Investments
Section 17-403 - Initial Fee; Transfer to Guaranty Fund; Assessments
Section 17-404 - Claims Against Guaranty Fund
Section 17-405 - Notice to Buyer
Section 17-406 - Form of Claims
Section 17-407 - Action on Claim by Commission
Section 17-408 - Right to Participate in Hearing; Notice
Section 17-409 - Joinder of Proceedings
Section 17-410 - Payments by Guaranty Fund