§ 10-306. Disclosure forms


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  •    (a) Development; availability. -- The Division of Consumer Protection of the Office of the Attorney General shall develop and make available a standard new home disclosure form that advises purchasers of the purchasers' rights under this subtitle.

    (b) Provision of copy to purchaser; signatures. -- Prior to the execution of any contract for the sale of a new home under this subtitle, the vendor or builder shall:

       (1) Provide the purchaser with a copy of the new home disclosure form as provided in subsection (a) of this section; and

       (2) Obtain the purchaser's signature certifying that the purchaser has received the disclosure form.


HISTORY: 1995, ch. 569.