Ch. 740                                        1994 LAWS OF MARYLAND

PROPERTY IF YOU FAIL TO PAY THE AMOUNT AGREED UPON. YOU HAVE THE RIGHT
TO CONSULT AN ATTORNEY. YOU HAVE THE RIGHT TO RESCIND THIS CONTRACT
WITHIN 3 BUSINESS DAYS AFTER THE DATE YOU SIGN IT BY NOTIFYING THE
CONTRACTOR IN WRITING THAT YOU ARE RESCINDING THE CONTRACT."

(3) THE NOTICE UNDER PARAGRAPH (2) OF THIS SUBSECTION SHALL BE
INDEPENDENTLY INITIALED BY THE HOMEOWNER.

8-607.

A person may not:

(1)      make a substantial misrepresentation when obtaining a home
improvement contract;

(2)      make a false promise that is likely to influence, persuade, or induce in
connection with a home improvement contract; [or]

(3)      misrepresent a material fact when applying for a license; OR

(4) FAIL TO GIVE THE WRITTEN NOTICE REQUIRED UNDER § 8-501(C)(2)
AND (3) OF THIS TITLE.

8-620.

(a)     The Commission may impose on a person who violates this title, INCLUDING
§ 8-607(4) OF THIS SUBTITLE, a civil penalty not exceeding $5,000 for each violation,
whether of not the person is licensed under this title.

(b)      In setting the amount of a civil penalty, the Commission shall consider:

(1)      the seriousness of the violation;

(2)      the good faith of the violator;

(3)      any previous violations;

(4)      the harmful effect of the violation on the complainant, the public, and
the business of home improvement;

(5)      the assets of the violator; and

(6)      any other relevant factors.

Article - Commercial Law

12-915.

(a) [Except for a seller of goods or services not engaged in making cash advances
to be paid to or for the account of a borrower, a] A credit grantor making a loan or
extension of credit under this subtitle is subject to the licensing, investigatory,
enforcement and penalty provisions of Title 11, Subtitle 3 of the Financial Institutions
Article UNLESS THE CREDIT GRANTOR OR THE LOAN OR EXTENSION OF CREDIT IS
EXEMPT UNDER TITLE 11, SUBTITLE 3 OF THE FINANCIAL INSTITUTIONS ARTICLE.

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