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Ch. 522 2000 LAWS OF MARYLAND
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(5) THE FAILURE OF A HOME BUILDER TO PROVIDE A COPY OF THE
CONSUMER PROTECTION PAMPHLET TO A CONTRACT PURCHASER MAY NOT BE USED
AS A BASIS FOR INVALIDATION OF THE CONTRACT FOR THE INITIAL SALE OF A NEW
HOME.
(D) THE DIRECTOR UNIT SHALL COLLECT AND MAINTAIN INFORMATION ON
THE RESOLUTION OF CONSUMER COMPLAINTS INVOLVING NEW HOME BUILDERS.
4.5-206. 4.5-203.
(A) (1) THERE IS A HOME BUILDER REGISTRATION FUND.
(2) THE DIRECTOR DIVISION SHALL ADMINISTER THE REGISTRATION
FUND.
(3) THE REGISTRATION FUND SHALL BE USED TO COVER THE ACTUAL
DOCUMENTED DIRECT AND INDIRECT COSTS OF FULFILLING THE DUTIES OF THE
OFFICE INCURRED FOR THE ADMINISTRATION AND ENFORCEMENT OF THE
MARYLAND HOME BUILDERS REGISTRATION ACT.
(4) THE REGISTRATION FUND IS A CONTINUING, NONLAPSING FUND,
AND IS SUBJECT TO § 7-302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.
(5) UNSPENT ASSETS OF THE REGISTRATION FUND SHALL REMAIN IN
THE REGISTRATION FUND AND MAY NOT REVERT OR BE TRANSFERRED TO THE
GENERAL FUND OF THE STATE.
(6) THE REGISTRATION FUND MAY NOT BE SUPPORTED BY
APPROPRIATIONS OF STATE FUNDS.
(B) (1) BY REGULATION, THE DIRECTOR DIVISION SHALL ESTABLISH
REASONABLE FEES THAT MAY NOT EXCEED $600 OVER A 2-YEAR PERIOD, AND A FEE
SCHEDULE FOR THE ISSUANCE AND RENEWAL OF REGISTRATIONS.
(2) IN ESTABLISHING THE FEES, THE DIRECTOR DIVISION SHALL
CONSIDER:
(I) THE NUMBER OF UNITS CONSTRUCTED BY THE APPLICANT OR
REGISTRANT IN THE PREVIOUS 2 YEARS; OR
(II) IN THE CASE OF A NEW APPLICANT, THE NUMBER OF UNITS
THAT THE APPLICANT PLANS TO CONSTRUCT IN THE NEXT 2 YEARS.
(3) (2) THE FEES CHARGED SHALL APPROXIMATE THE DIRECT AND
INDIRECT COSTS OF MAINTAINING THE OFFICE AND FULFILLING THE DUTIES OF
THE OFFICE ADMINISTERING AND ENFORCING THE MARYLAND HOME BUILDERS
REGISTRATION ACT.
(C) THE DIRECTOR DIVISION SHALL PAY ALL FUNDS COLLECTED UNDER §
4.5-303 OF THIS TITLE TO THE COMPTROLLER, WHO SHALL DISTRIBUTE THE FEES TO
THE REGISTRATION FUND.
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- 2788 -
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