Ch. 563                                          LAWS OF MARYLAND

See Greater Baltimore Board of Realtors v. Hughes, 596
F. Supp. 906 (D. Md. 1984); 65 Op. Att'y. Gen. 58,
(1980).

In subsection (b)(2) of this section, new language is
added, on the recommendation of the Joint Subcommittee
on the Business Occupations Article, stating that the
Commission shall base a determination of whether to
impose a suspension on a preponderance of the
evidence, for consistency with the standard of
evidence for modifying, renewing, or removing a
suspension.

In subsection (b)(3) of this section, new language is
added, on the recommendation of the Joint Subcommittee
on the Business Occupations Article, requiring the
Commission to provide certain information to
communities affected by a possible suspension, for
consistency with the procedures for modifying,
renewing, or removing a suspension.

Defined terms: "Commission" § 4-l01
"County" § 1-101 "Person" § 1-101
"Real estate" § 4-101

4-523. NOTICE OF BUYER'S RIGHT OF SELECTION.

(A)' IN GENERAL.

EACH REAL ESTATE CONTRACT SUBMITTED TO A PARTY BY A REAL
ESTATE BROKER, AN ASSOCIATE REAL ESTATE BROKER, OR A REAL ESTATE
SALESPERSON FOR USE IN THE SALE OF A SINGLE FAMILY DWELLING,
SHALL CONTAIN, IN BOLD-FACED TYPE, A STATEMENT THAT THE BUYER HAS
THE RIGHT TO SELECT THE BUYER'S OWN:

(I)  TITLE INSURANCE COMPANY, SETTLEMENT
COMPANY, OR ESCROW COMPANY; OR

(II)  TITLE LAWYER.

(B) CONTRACT NOT INVALID.

A REAL ESTATE CONTRACT IS NOT RENDERED INVALID BY THE
OMISSION OF THE STATEMENT TO THE BUYER REQUIRED UNDER SUBSECTION
(A) OF THIS SECTION.

SUBCOMMITTEE COMMENT: This section is new language derived
without substantive change from former Art. 56, §
227C(b).

In subsection (a) of this section, the reference to an
"associate real estate broker" is added in conformity

- 3878 -