§ 10-502. Payments received by custom home builders
West's Annotated Code of MarylandReal Property
MD Code, Real Property, § 10-502
§ 10-502. Payments received by custom home builders
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.
Credits
Added by Acts 1986, c. 853, § 1, eff. July 1, 1986.
MD Code, Real Property, § 10-502, MD REAL PROP § 10-502
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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