372                                               LAWS OF MARYLAND                             [Ch. 12

RECEIVED THE COPY. IF THE VENDOR FAILS TO DELIVER THE
COPY WITHIN 15 DAYS, THE CONTRACT SIGNED BY THE PURCHASER
IS VOID AT HIS OPTION, AND THE VENDOR, [[IMMEDIATLEY]]
IMMEDIATELY, ON DEMAND, SHALL REFUND TO THE PURCHASER ALL
PAYMENTS AND DEPOSITS THAT HAVE BEER MADE.

(C)   RECEIPT.

THE RECEIPT FOR THE DELIVERY OF A COPY OF A CONTRACT
SHALL BE PRINTED IN 12-POINT BOLD TYPE OR LARGER,
TYPEWRITTEN OR WRITTEN IN LEGIBLE HANDWRITING. IF
CONTAINED IN THE CONTRACT, THE RECEIPT SHALL BE PRINTED,
TYPEWRITTEN, OR WRITTEN IMMEDIATELY BELOW THE SIGNATURE
ON THE CONTRACT AND SHALL BE SIGNED SEPARATELY.

(D)   RIGHT OF PURCHASER TO CANCEL AND RECEIVE REFUND
UNTIL COPY OF INSTRUMENT IS GIVEN HIM*

UNTIL THE PURCHASER SIGNS A LAND INSTALLMENT
CONTRACT AND RECEIVES A COPY SIGNED BY THE VENDOR, THE
PURCHASER HAS AN 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. A REQUEST FOR A REFUND OPERATES TO CANCEL
THE CONTRACT.

(E)   VENDOR TO GIVE PURCHASER RECEIPT FOR PAYMENT OR
DEPOSIT.

WHEN ANY PAYMENT OR DEPOSIT IS ACCEPTED BY THE
VENDOR FROM A PURCHASER, BEFORE THE PURCHASER SIGNS A
LAND INSTALLMENT CONTRACT AND RECEIVES A COPY, THE VENDOR
IMMEDIATELY SHALL DELIVER TO HIM A RECEIPT, WHICH CLEARLY
STATES IN 12-POINT TYPE OR LARGER, IN TYPEWRITING OR IN
LEGIBLE HANDWRITING, HIS RIGHTS UNDER SUBSECTION(D).

(F)   VENDOR TO RECORD CONTRACT.

WITHIN 15 DAYS AFTER THE CONTRACT IS SIGNED BY BOTH
THE VENDOR AND PURCHASER, THE VENDOR SHALL CAUSE THE
CONTRACT TO BE RECORDED AMONG THE LAND RECORDS OF THE
COUNTY WHERE THE PROPERTY LIES AND SHALL MAIL THE
RECORDER'S RECEIPT TO THE PURCHASER. THIS DUTY OF
RECORDATION AND MAILING OF RECEIPT SHALL BE WRITTEN
CLEARLY OR PRINTED ON THE CONTRACT. FAILURE TO DO SO, OR
TO RECORD AS REQUIRED UNDER THIS SECTION WITHIN THE TIME
STIPULATED, GIVES THE PURCHASER 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.

REVISOR'S NOTE: This section presently appears as
Art. 21, §10-102 of the Code. Present
subsection (b) is divided into two subsections