Maryland Code, REAL PROPERTY 10-502
Current as of: 2023 | Check for updates
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Terms Used In Maryland Code, REAL PROPERTY 10-502
- Contract: A legal written agreement that becomes binding when signed.
Any consideration received by a custom home builder in connection with a custom home contract shall be held in trust for the benefit of the buyer. Payments made to subcontractors or suppliers in connection with the custom home contract shall be consistent with the trust.