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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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COMMERCIAL LAW |
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TITLE 14. MISCELLANEOUS CONSUMER PROTECTION PROVISIONS |
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SUBTITLE 24. VACATION CLUB MEMBERSHIP |
§ 14-2403. Violations of subtitle
Latest version.
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(a) Violation is deceptive trade practice. -- It is a deceptive trade practice for a sales agent to violate any requirement of this subtitle.
(b) Penalties. -- If the sales agent violates any provision of this subtitle, the purchaser:
(1) May cancel the contract by notifying the seller in any manner, by any means, and at any time of the purchaser's intention to cancel; and
(2) Is entitled to a refund of:
(i) All moneys paid; and
(ii) Until the refund is made, interest of 1% for each month after the date of cancellation.