§ 10-602. Disclosure by builders generally

Latest version.

   (a) In general. -- Prior to entering into a contract for sale or construction of a new home, the builder shall disclose in writing to the owner whether:

   (1) The builder participates in a new home warranty security plan through which:

      (i) The builder must provide the owner with a new home warranty; or

      (ii) The builder may provide a new home warranty to the owner at the owner's option; or

   (2) The builder does not participate in a new home warranty security plan.

(b) Form. -- The disclosure will be made on a form approved by the Division.

HISTORY: 1990, ch. 223; 2002, ch. 492.

                    
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