Maryland Real Property Section 7-306

      (a)      A foreclosure consulting contract shall:

            (1)      Be provided to the homeowner for review before signing;

            (2)      Be printed in at least 12 point type and written in the same language that is used by the homeowner and was used in discussions with the foreclosure consultant to describe the consultant's services or to negotiate the contract;

            (3)      Fully disclose the exact nature of the foreclosure consulting services to be provided, including any foreclosure reconveyance that may be involved, and the total amount and terms of any compensation to be received by the foreclosure consultant or anyone working in association with the consultant;

            (4)      Be dated and personally signed by the homeowner and the foreclosure consultant and be witnessed and acknowledged by a notary public appointed and commissioned by the State; and

            (5)      Contain the following notice, which shall be printed in at least 14 point boldface type, completed with the name of the foreclosure consultant, and located in immediate proximity to the space reserved for the homeowner's signature:

"NOTICE REQUIRED BY MARYLAND LAW

      .............. (Name) or anyone working for him or her CANNOT ask you to sign or have you sign any lien, mortgage, or deed as part of signing this agreement unless the terms of the transfer are specified in this document and you are given a separate explanation of the precise nature of the transaction.

      .............. (Name) or anyone working for him or her CANNOT guarantee you that they will be able to refinance your home or arrange for you to keep your home. Continue making mortgage payments until a refinancing, if applicable, is approved.

      If a transfer of the deed or title to your property is involved in any way, you may rescind the transfer any time within 3 days after the date you sign the deed or other document of sale or transfer. See the attached Notice of Rescission form for an explanation of this right. As part of any rescission, you must repay, within 60 days, any money spent on your behalf as a result of this agreement, along with interest calculated at the rate of 8% a year.

      THIS IS AN IMPORTANT LEGAL CONTRACT AND COULD RESULT IN THE LOSS OF YOUR HOME. CONTACT AN ATTORNEY BEFORE SIGNING.".

      (b)      The contract shall contain on the first page, in at least 12 point type size:

            (1)      The name and address of the foreclosure consultant to which the notice of cancellation is to be mailed; and

            (2)      The date the homeowner signed the contract.

      (c)      (1)      The contract shall be accompanied by a completed form in duplicate, captioned "NOTICE OF RESCISSION".

            (2)      The Notice of Rescission shall:

                  (i)      Be on a separate sheet of paper attached to the contract;

                  (ii)      Be easily detachable; and

                  (iii)      Contain the following statement printed in at least 15 point type:

"NOTICE OF RESCISSION

      (Date of Contract)

      You may cancel or rescind this contract, without any penalty, at any time.

      If you want to end this contract, mail or deliver a signed and dated copy of this Notice of Rescission, or any other written notice indicating your intent to rescind to (name of foreclosure consultant) at (address of foreclosure consultant, including facsimile and electronic mail).

      As part of any rescission, you (the homeowner) must repay any money spent on your behalf as a result of this agreement, within 60 days, along with interest calculated at the rate of 8% a year.

      THIS IS AN IMPORTANT LEGAL CONTRACT AND COULD RESULT IN THE LOSS OF YOUR HOME. CONTACT AN ATTORNEY BEFORE SIGNING.

      NOTICE OF RESCISSION

      TO: (name of foreclosure consultant)

(address of foreclosure consultant, including facsimile and electronic mail)

      I hereby rescind this contract.

      .................. (Date)

      ............................. (Homeowner's signature)".

      (d)      The foreclosure consultant shall provide the homeowner with a signed and dated copy of the contract and the attached Notice of Rescission immediately upon execution of the contract.

      (e)      The time during which the homeowner may rescind the contract does not begin to run until the foreclosure consultant has complied with this section.

      (f)      Any provision in a foreclosure consulting contract that attempts or purports to waive any of the rights specified in this title, consent to jurisdiction for litigation or choice of law in a state other than Maryland, consent to venue in a county other than the county in which the property is located, or impose any costs or filing fees greater than the fees required to file an action in a circuit court, is void.