2018 Maryland Code
Real Property
Title 10 - Sales of Property
Subtitle 3 - Deposits on New Homes
§ 10-304. Sales exempt from subtitle

  • The provisions of this subtitle do not apply to a sale by or through a licensed real estate broker in connection with which all sums of money in the nature of deposits, escrow money, or binder money are paid to a broker to be held in the escrow account of the broker.

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