Md. Code, Real. Prop. § 10-502

Current with changes from the 2024 Legislative Session

Section 10-502 - Payments to custom home builders held in trust

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.

Md. Code, RP § 10-502