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H.B. 811 VETOES
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(E) "CONTRACT PURCHASER" MEANS A PERSON WHO HAS ENTERED INTO A
CONTRACT WITH A HOME BUILDER TO PURCHASE A NEW HOME, BUT WHO HAS NOT
YET SETTLED ON THE PURCHASE OF THE NEW HOME.
(D) (F) "DIVISION" MEANS THE DIVISION OF CONSUMER PROTECTION OF
THE OFFICE OF THE ATTORNEY GENERAL.
(G) "EXEMPT LENDER" MEANS A LENDER EXEMPT FROM THE REQUIREMENTS
OF REGISTRATION AS PROVIDED IN § 14-2002(C) OF THIS SUBTITLE.
(E) (H) "FIXTURES" DOES NOT INCLUDE ANY APPLIANCES, GOODS, OR
OTHER FEATURES OF A NEW HOME BROUGHT INTO OR INCORPORATED INTO THE
NEW HOME THAT ARE COVERED BY MANUFACTURER'S WARRANTIES.
(F) (I) "FUND" MEANS THE HOME BUILDERS REGISTRATION FUND.
(G) (J) (1) "HOME BUILDER" MEANS A PERSON, AS DEFINED IN § 1-201 OF
THIS ARTICLE, THAT:
(I) UNDERTAKES TO ERECT OR OTHERWISE CONSTRUCT A NEW
HOME;
(II) IS A CUSTOM HOME BUILDER, AS DEFINED IN § 10-501 OF THE
REAL PROPERTY ARTICLE; OR
(III) INSTALLS MANUFACTURED HOMES, RETAILS, OR BROKERS
NEW INDUSTRIALIZED BUILDINGS INTENDED FOR RESIDENTIAL USE OR NEW
MOBILE HOMES INTENDED FOR RESIDENTIAL USE.
(2) "HOME BUILDER" DOES NOT INCLUDE;
(I) AN EMPLOYEE OF A HOME BUILDER THAT IS REGISTERED
UNDER THIS SUBTITLE OR IS AN EXEMPT LENDER, SO LONG AS THAT EMPLOYEE
DOES NOT WORK AS A HOME BUILDER OTHER THAN AS AN EMPLOYEE OF THE
REGISTERED HOMEBUILDER HOME BUILDER OR EXEMPT LENDER:
(II) A SUBCONTRACTOR OR OTHER VENDOR HIRED BY THE HOME
BUILDER TO PERFORM SERVICES OR SUPPLY MATERIALS FOR THE CONSTRUCTION
OF A NEW HOME AND WHO DOES NOT OTHERWISE MEET THE REQUIREMENTS OF
THIS SUBTITLE;
(III) A MANUFACTURER OF MANUFACTURED HOMES
INDUSTRIALIZED BUILDINGS INTENDED FOR RESIDENTIAL USE OR OF MOBILE
HOMES, EXCEPT IF THE MANUFACTURER ALSO INSTALLS THE MANUFACTURED
HOMES INDUSTRIALIZED BUILDINGS OR MOBILE HOMES;
(IV) A REAL ESTATE DEVELOPER WHO DOES NOT CONSTRUCT NEW
HOMES; OR
(V) A PERSON WHO ERECTS OR CONSTRUCTS NEW HOMES SOLELY
IN MONTGOMERY COUNTY OR WASHINGTON COUNTY.
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- 4522 -
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