Section 4.5-304 - Issuance of home builder registration number; authority conferred(a) The Unit shall register and issue a home builder registration number to an applicant for a home builder registration that:(1) meets the requirements of this title; and(2) pays to the Division an initial nonrefundable 2-year registration fee of $800.(b) A home builder registration issued under this title may not be transferred, assigned, or pledged.(c) A valid home builder registration authorizes the registrant to act as a home builder in the State.(d)(1) A home builder that holds a license or registration in Montgomery County may act as a home builder in that county only, unless the home builder is also registered under this title.(2) A home builder that holds a license or registration in Montgomery County and is not registered under this title is subject to Subtitle 7 of this title.(3)(i) In addition to the county license or registration fee, a home builder that is required to hold a license or registration only in Montgomery County shall pay to the county a Guaranty Fund administrative fee of $250.(ii) The county shall remit the Guaranty Fund administrative fee to the Unit to be deposited in the Registration Fund.Amended by 2016 Md. Laws, Ch. 706,Sec. 1, eff. 10/1/2016.Amended by 2016 Md. Laws, Ch. 705,Sec. 1, eff. 10/1/2016.