VETOES

(3) WITHIN 60 DAYS FROM THE WARRANTY DATE, THE
BUILDER'S NEW HOME WARRANTY SECURITY PLAN SHALL PROVIDE THE
OWNER WITH VALIDATED NEW HOME WARRANTY DOCUMENTS.

(F) A NEW HOME WARRANTY SHALL BENEFIT ANY SUCCESSOR IN
TITLE TO THE OWNER WHO OCCUPIES THE HOME FOR RESIDENTIAL
PURPOSES DURING THE WARRANTY PERIOD.

10-605.

A BUILDER WHO SELLS A NEW HOME WITH A NEW HOME
WARRANTY PURSUANT TO § 10-604(B) OF THIS TITLE WHICH HAS NOT
BEEN WAIVED BY THE OWNER SHALL PROVIDE THE OWNER WITH A
NOTICE THAT SHALL BE INCORPORATED IN A CONSPICUOUS MANNER IN
THE CONTRACT AND THAT SHALL INCLUDE THE FOLLOWING
LANGUAGE IN TYPE AT LEAST AS LARGE AS 12 POINT TYPE:

"NOTICE TO PURCHASER

YOUR NEW HOME WILL BE COVERED BY A NEW HOME
WARRANTY THAT MEETS THE MINIMUM REQUIREMENTS
ESTABLISHED UNDER TITLE 10, SUBTITLE 6 OF THE REAL
PROPERTY ARTICLE OF THE ANNOTATED CODE OF
MARYLAND. BEFORE YOU SIGN THIS CONTRACT, YOUR
BUILDER IS REQUIRED TO GIVE YOU A COPY OF THE
WARRANTY COVERAGE YOU WILL RECEIVE.

THE NAME OF THE NEW HOME WARRANTY SECURITY PLAN
IN WHICH YOUR BUILDER IS CURRENTLY A PARTICIPANT IS
........ YOU ARE STRONGLY ENCOURAGED TO CALL THE NEW

HOME WARRANTY SECURITY PLAN AT ....... TO VERIFY (I) THAT

YOUR BUILDER IS IN GOOD STANDING WITH THIS COMPANY,
AND (II) THAT YOUR NEW HOME WILL BE COVERED BY A
WARRANTY FROM THIS COMPANY.

IF THE BUILDER IS NOT A PARTICIPANT IN GOOD STANDING
WITH THIS COMPANY ON THE DATE OF THIS CONTRACT, OR IF
THE NEW HOME HAS NOT BEEN REGISTERED IN THE PLAN ON
OR BEFORE THE WARRANTY DATE, THEN IT IS A MATERIAL
BREACH OF THE CONTRACT AND YOU ARE ENTITLED TO
WHATEVER REMEDIES ARE PROVIDED BY LAW, INCLUDING,
BUT NOT LIMITED TO, RESCISSION OR CANCELLATION OF THIS
CONTRACT AND, EXCEPT IN THE CASE OF A CONSTRUCTION
CONTRACT FOR A NEW HOME BUILT ON YOUR OWN PROPERTY,
AND A REFUND OF ANY MONEY PAID TO THE BUILDER FOR
YOUR NEW HOME.

ON THE DAY THAT YOU FIRST OCCUPY THE NEW HOME,
SETTLE ON THE NEW HOME, MAKE THE FINAL PAYMENT TO
THE BUILDER ON YOUR NEW HOME, OR OBTAIN AN

- 3084 -