Unannotated Code of Maryland (Last Updated: May 16, 2014) |
REAL PROPERTY |
TITLE 10. SALES OF PROPERTY |
SUBTITLE 3. DEPOSITS ON NEW HOMES |
§ 10-304. Sales exempt from subtitle
Latest version.
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The provisions of this subtitle do not apply to a sale by or through a licensed real estate broker in connection with which all sums of money in the nature of deposits, escrow money, or binder money are paid to a broker to be held in the escrow account of the broker.