12                                          LAWS OF MARYLAND                                    Ch. 2

registered or certified mail, postage prepaid, in an envelope addressed to the
contractor at any place he maintains an office or conducts his business, or his
residence.

10-102.

(e) Within fifteen (15) days after the contract has been signed by both the
vendor and vendee, the vendor shall cause said contract to be recorded among the
land records of the county or city in which the property lies and shall mail the
[recorders] RECORDER'S receipt therefor to the vendee. This duty of recordation
and mailing of receipt shall be clearly written or printed on the contract and
failure to do so, or to record as required hereunder within the time stipulated, shall
give the vendee the unconditional right to cancel the contract and to receive
immediate refund of all payments and deposits made on account of or in
contemplation of the contract.

10-103.

(a) Every land installment contract shall state the full names, the place of
residence and post-office addresses of all the parties thereto and the date when
signed by the vendee. It shall contain a legal description of the property covered by
the contract and disclose any and all transfers of title to this property, the sale
price in each such transfer, and the substantiated cost to the seller of repairs or
improvements made for a six-month period prior to the date of purchase. It shall
recite in simple tabular form the following separate items in the following order:

(1)  The cash price of the property sold;

(2)  Any charges or fees for services which are included in the contract separate
from the cash price;

(3)   The cost to the vendee of any insurance coverage from the date of the
contract, for the payment of which credit is to be extended to the vendee, the
amount or extent and expiration date thereof, a concise description of the type of
coverage, and the party or parties to whom such insurance is payable;

(4)  The sum of items (1), (2) and (3);

(5)  The amount of vendee's down payment, if any;

(6)  The principal balance [owned] OWED, which is the sum of item (4) less
item (5);

(7)  The amount and time of each installment payment and the total number of
periodic installments;

(8)  The interest on the unpaid balance not to exceed the percentage per annum
as allowed by Article 49, § 3, as amended from time to time, ground rent, if any,
taxes and other public charges.

10-107.

Upon the failure of any vendor to comply with the provisions of SECTIONS
10-103(h) or 10-106 of this subtitle, the vendee shall have the right to enforce these
sections in a court of equity. Upon the determination of said court that the vendor
has failed to comply with these provisions, the court shall grant appropriate relief
and shall require the vendor to assume all court costs as well as a reasonable
counsel fee for vendee's attorney.