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§ 14-903. Restrictions on service agreements

West's Annotated Code of MarylandReal PropertyEffective: June 1, 2023

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 14. Miscellaneous Rules (Refs & Annos)
Subtitle 9. Residential Property Service Agreements (Refs & Annos)
Effective: June 1, 2023
MD Code, Real Property, § 14-903
§ 14-903. Restrictions on service agreements
A service agreement, or any part of a service agreement, may not:
(1) Be effective for more than 1 year; or
(2)(i) Purport to run with the land or bind subsequent bona fide purchasers;
(ii) Purport to create a lien, encumbrance, or security interest on the residential property of a party to the service agreement; or
(iii) Allow the service provider to assign or transfer the right to provide services under the service agreement to another person without notice or the consent of a party to the service agreement.

Credits

Added by Acts 2023, c. 525, § 1, eff. June 1, 2023.
MD Code, Real Property, § 14-903, MD REAL PROP § 14-903
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document