2020 Maryland Statutes
Title 10 - Sales of Property
Subtitle 3 - Deposits on New Homes
Section 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.