(a) To apply for registration as a home builder or a home builder sales representative, an applicant shall:
(1) submit to the Unit under oath an application on the form provided by the Unit; and
(2) pay the nonrefundable application fee required by this subtitle.
(b) The application for registration as a home builder shall require an applicant to provide:
(1) the applicant's name;
(2) the applicant's business address, telephone number, and, if applicable, electronic mail address;
(3) in the case of an applicant who is an individual, the applicant's Social Security number;
(4) in the case of an applicant other than an individual:
(i) the applicant's federal employer identification number; and
(ii) the names and addresses of all principals of the applicant;
(5) the names of all applicants and principals who have previously applied for registration, and the disposition of all previous applications;
(6) the name of any applicant or principal that was a principal in an entity that previously applied for registration;
(7) a list of all states and other jurisdictions in which the applicant holds a similar registration or license;
(8) a list of all states and other jurisdictions in which the applicant has had a similar registration or license suspended or revoked;
(9) a statement whether any pending judgments or tax liens exist against the applicant;
(10)(i) the election made by the applicant regarding deposit moneys under § 10-301 of the Real Property Article; and
(ii) if the applicant elects to hold deposits in an escrow account, the account number and the name of the financial institution that holds the escrow account;
(11) if the applicant participates in a new home warranty security plan, the name and address of the warranty company; and
(12) the name of the insurance carrier and the policy number of the general liability coverage required under § 4.5-302 of this subtitle.
(c) The application for registration as a home builder sales representative shall require an applicant to provide:
(1) the applicant's name;
(2) the applicant's business address, telephone number, and, if applicable, electronic mail address;
(3) the applicant's Social Security number;
(4) a list of all states and other jurisdictions in which the applicant holds a similar registration or license;
(5) a list of all states and other jurisdictions in which the applicant has had a similar registration or license suspended or revoked;
(6) the applicant's employer's business name, address, telephone number, and registration number or if the employer is exempt from registration under this title, documentation that the employer erects or constructs homes solely in Montgomery County; and
(7) a statement whether any pending judgments or tax liens exist against the applicant.
Credits
Added by Acts 2000, c. 522, § 1, eff. Jan. 1, 2001. Amended by Acts 2001, c. 29, § 1, eff. April 10, 2001; Acts 2006, c. 456, § 1, eff. Oct. 1, 2006; Acts 2008, c. 480, § 1, eff. Oct. 1, 2008; Acts 2008, c. 481, § 1, eff. Oct. 1, 2008.
MD Code, Business Regulation, § 4.5-303, MD BUS REG § 4.5-303
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.
