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§ 4.5-304. Issuance of home builder registration number; authority conferred

MD Bus Reg Code § 4.5-304 (2019) (N/A)
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(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.

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§ 4.5-303. Registration -- Application; fee
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§ 4.5-304.1. Issuance of home builder sales representative registration certificate; authority conferred