Maryland Real Property Section 7-305

      (a)      In addition to any other right under law to cancel or rescind a contract, a homeowner has the right to:

            (1)      Rescind a foreclosure consulting contract at any time; and

            (2)      Rescind a foreclosure reconveyance at any time before midnight of the 3rd business day after any conveyance or transfer in any manner of legal or equitable title to a residence in foreclosure.

      (b)      Rescission occurs when the homeowner gives written notice of rescission to the foreclosure consultant at the address specified in the contract or through any facsimile or electronic mail address identified in the contract or other materials provided to the homeowner by the foreclosure consultant.

      (c)      Notice of rescission, if given by mail, is effective when deposited in the United States mail, properly addressed, with postage prepaid.

      (d)      Notice of rescission need not be in the form provided with the contract and is effective, however expressed, if it indicates the intention of the homeowner to rescind the foreclosure consulting contract or foreclosure reconveyance.

      (e)      As part of the rescission of a foreclosure consulting contract or foreclosure reconveyance, the homeowner shall repay, within 60 days from the date of rescission, any funds paid or advanced by the foreclosure consultant or anyone working with the foreclosure consultant under the terms of the foreclosure consulting contract or foreclosure reconveyance, together with interest calculated at the rate of 8% a year.

      (f)      The right to rescind may not be conditioned on the repayment of any funds.