Ch. 223 LAWS OF MARYLAND

BUILDER ON THE EARLIER OF THE DATE OF THE PURCHASE OR
CONSTRUCTION CONTRACT OR THE START OF CONSTRUCTION OF THE
NEW HOME.

(2) UPON RECEIPT OF NOTIFICATION BY THE BUILDER AS
REQUIRED IN SUBSECTION (1) OF THIS SECTION, THE NEW HOME SHALL
BE ELIGIBLE FOR REGISTRATION IN THE BUILDER'S NEW HOME
WARRANTY SECURITY PLAN.

(E) (1) UPON ENROLLMENT REGISTRATION OF THE NEW HOME IN
THE NEW HOME WARRANTY SECURITY PLAN, WARRANTY COVERAGE
WHICH HAS NOT BEEN WAIVED BY THE OWNER SHALL BE PROVIDED
BEGINNING ON THE WARRANTY DATE FOR THE NEW HOME
CONSTRUCTED BY THE BUILDER, PROVIDED THAT THE BUILDER WAS IN
GOOD STANDING WITH THE NEW HOME WARRANTY SECURITY PLAN AT
THE TIME OF THE CONTRACT;

(2) ON THE WARRANTY DATE, THE BUILDER SHALL PROVIDE
THE OWNER WITH EVIDENCE, IN A FORM APPROVED BY THE
SECRETARY THAT THE NEW HOME IS COVERED BY A NEW HOME
WARRANTY THAT MEETS THE REQUIREMENTS OF THIS SUBTITLE; AND

(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.

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