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Session Laws, 1989
Volume 771, Page 818   View pdf image
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Ch. 3

LAWS OF MARYLAND

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

REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 4-523.

The only changes are in style.

Defined terms: "Associate real estate broker" § 16-101
"Real estate" § 16-101 "Real estate broker" § 16-101
"Real estate salesperson" § 16-101

16-524. 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:

(1)  TITLE INSURANCE COMPANY;

(2)  SETTLEMENT COMPANY;

(3)  ESCROW COMPANY; OR

(4)  TITLE LAWYER.

(B)  EFFECT OF OMISSION.

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

REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 4-524.

The only changes are in style.

Defined terms: "Associate real estate broker" § 16-101
"Real estate" § 16-101 "Real estate broker" § 16-101
"Real estate salesperson" § 16-101

16-525. DISCRIMINATORY REAL ESTATE PRACTICES IN BALTIMORE CITY.

(A) LEGISLATIVE POLICY.

THE PURPOSE OF THIS SECTION IS TO PROHIBIT STEERING AND
OTHER DISCRIMINATORY REAL ESTATE PRACTICES WITH RESPECT TO
RESIDENTIAL HOUSING IN BALTIMORE CITY TO:

- 818 -

 

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Session Laws, 1989
Volume 771, Page 818   View pdf image
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