Md. Code, Real Property § 11-121
This is the official text of Md. Code, Real Property § 11-121, part of Maryland’s Code, Real Property — governs real estate transactions and landlord-tenant law.
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§11–121.
Official statutory text
Any deposits taken in connection with the sale by a developer of units in a condominium intended for residential use shall be deposited or held in an escrow account as provided in § 10-301 of this article, unless a corporate surety bond is obtained and maintained as provided in § 10-301 of this article.
Status: in_force · Read it on the official government site
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