reglab/housing_qa huggingface dataset:
MD. Commercial Law Code Ann. §  2A-530 (2021)
2021 Maryland Statutes|Commercial Law|Title 2A - Leases|Subtitle 5 - Default|Part III - Default by Lessee|Section 2A-530 - Lessor's Incidental Damages

    Incidental damages to an aggrieved lessor include any commercially reasonable charges, expenses, or commissions incurred in stopping delivery, in the transportation, care and custody of goods after the lessee’s default, in connection with return or disposition of the goods, or otherwise resulting from the default.
MD. Commercial Law Code Ann. §  2A-531 (2021)
2021 Maryland Statutes|Commercial Law|Title 2A - Leases|Subtitle 5 - Default|Part III - Default by Lessee|Section 2A-531 - Standing to Sue Third Parties for Injury to Goods

    (1)    If a third party so deals with goods that have been identified to a lease contract as to cause actionable injury to a party to the lease contract (a) the lessor has a right of action against the third party, and (b) the lessee also has a right of action against the third party if the lessee:        (i)    Has a security interest in the goods;        (ii)    Has an insurable interest in the goods; or        (iii)    Bears the risk of loss under the lease contract or has since the injury assumed that risk as against the lessor and the goods have been converted or destroyed.    (2)    If at the time of the injury the party plaintiff did not bear the risk of loss as against the other party to the lease contract and there is no arrangement between them for disposition of the recovery, his (or her) suit or settlement, subject to his (or her) own interest, is as a fiduciary for the other party to the lease contract.    (3)    Either party with the consent of the other may sue for the benefit of whom it may concern.
MD. Commercial Law Code Ann. §  2A-532 (2021)
2021 Maryland Statutes|Commercial Law|Title 2A - Leases|Subtitle 5 - Default|Part III - Default by Lessee|Section 2A-532 - Lessor's Rights to Residual Interest

    In addition to any other recovery permitted by this title or other law, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor’s residual interest in the goods caused by the default of the lessee.
MD. Commercial Law Code Ann. §  12-602 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-602 - False Advertising Prohibited

    A seller or sales finance company may not make in any advertisement, publication, display, broadcast, solicitation, or representation any false, misleading, or deceptive statement relating to:         (1)    Any finance, delinquency, or extension charge or rate; or        (2)    The security interest, collateral, terms, or conditions on which it will make or finance any installment agreement.
MD. Commercial Law Code Ann. §  12-603 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-603 - Discrimination Prohibited

    A seller or sales finance company may not discriminate against a buyer solely on the basis of the sex, marital status, geographic area of residence, neighborhood of residence, or age of the buyer. Refusal to grant credit to a buyer who is under the age of 18 is not discrimination solely on the basis of age.
MD. Commercial Law Code Ann. §  12-604 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-604 - Form of Installment Sale Agreement

    An installment sale agreement shall be evidenced by an instrument in writing which contains all of the agreements of the parties. It shall be signed by all parties before the seller delivers to the buyer any of the goods covered by the agreement.
MD. Commercial Law Code Ann. §  12-605 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-605 - Delivery of Installment Sale Agreement and Receipt; Right to Cancel

    (a)    (1)    At or before the time the buyer signs an installment sale agreement, the seller shall deliver to him an exact copy of it.        (2)    If the seller does not sign the copy, and if, within 15 days after the buyer signs the installment sale agreement, the seller does not deliver to the buyer a copy of it signed by the seller, the installment sale agreement and the instruments signed by the buyer are void without any action by the buyer, and the seller immediately shall refund to the buyer all of his payments and deposits.    (b)    (1)    Until the buyer signs an installment sale agreement and receives a copy of it signed by the seller, he has an unconditional right to cancel it and receive immediate refund of all payments and deposits made on account or in contemplation of it.        (2)    The buyer’s request for the refund operates as cancellation of the installment sale agreement.    (c)    Until the buyer signs an installment sale agreement and receives a copy of it signed by the seller, if a payment or deposit is accepted by the seller, he immediately shall deliver to the buyer a receipt for it which clearly states in 12-point type or larger the buyer’s rights under subsection (b) of this section.    (d)    An acknowledgment of delivery of a copy of an installment sale agreement shall be printed in 12-point type or larger, and, if the acknowledgment is contained in the agreement, it shall be printed immediately below the signature to the agreement and independently signed.
MD. Commercial Law Code Ann. §  12-607 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-607 - Provisions Not Allowed in Instruments

    (a)    A holder may not take or receive any instrument from a buyer or a surety for a buyer, which contains:        (1)    Except as provided in subsection (b) of this section, any blank space to be filled in after the instrument is signed by a party to it;        (2)    A confession of judgment or any power of attorney to appear for the buyer or for a surety for the buyer to confess judgment;        (3)    A schedule of payments under which any installment, except the down payment, is more than double the average of all other installments, excluding the down payment, or under which the interval between any consecutive installments is less than one-half the average of all other intervals, unless the buyer is given an absolute right, on default in any of the excess or irregular installments, to have the schedule of unpaid installments, including that in default, revised to conform in both amounts and intervals to the average of all preceding installments and intervals;        (4)    A provision for repossession of the goods or for the acceleration of the time when any part or all of the time balance becomes payable, if the condition of the repossession or acceleration is that the holder considers himself insecure;        (5)    A provision by which the buyer waives or purports to waive a tort claim or by which the seller has the right to enter unlawfully upon any premises;        (6)    A provision by which a person acting on behalf of a holder in connection with the formation or execution of an agreement is treated as an agent of the buyer; or        (7)    An assignment or order for payment of wages, whether earned or to be earned.    (b)    If, at the time of its execution, an installment sale agreement contains a sufficient description of the goods as required by § 12-606 of this subtitle, further serial numbers or other identifying marks on the goods may be inserted in the agreement on delivery of the goods.
MD. Commercial Law Code Ann. §  12-608 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-608 - Catalog Sale

    (a)    This section applies to an installment sale agreement negotiated and entered into without personal solicitation by a salesman or other representative of a seller, if the seller’s prices, terms of payment, and other terms are clearly set forth in a catalog or other printed solicitation of business which is generally available to the public and contains at least two copies of the form of the agreement.    (b)    If the buyer enters into a sale described in subsection (a) of this section, all of the provisions of this subtitle apply, except that:        (1)    The seller is not required to deliver a copy of the installment sale agreement to him;        (2)    If the installment sale agreement received by the seller from the buyer contains blank spaces to be filled in or corrections to be made, the seller may insert or correct in the appropriate blank spaces the amounts of money and other terms set forth in the seller’s catalog then in effect; and        (3)    Instead of the copy of the installment sale agreement required by § 12-605 of this subtitle, the seller shall furnish to the buyer, within 15 days from the date of shipment of the goods, a written statement of the items inserted in the blank spaces.
MD. Commercial Law Code Ann. §  12-610 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-610 - Consumer Goods -- Maximum Finance Charge

    Except as provided in § 12-609 of this subtitle as to a motor vehicle, and notwithstanding the provisions of any other statutory law, in the retail sale of consumer goods bought under an installment sale agreement, including any add-on contract described in § 12-618 of this subtitle, the finance charge may not exceed the greater of:         (1)    An amount computed using the following annual simple interest rates of finance charge:            (i)    22 percent on that part of the outstanding balance not exceeding $1,000; and            (ii)    18 percent on that part of the outstanding balance exceeding $1,000; or        (2)    A minimum charge of $10 or, if the date of the last installment is eight months or less after the effective date of the installment sale agreement, $8.        (3)    Notwithstanding the provisions of subsection (1) of this section, a seller may charge a finance charge at a rate not in excess of 24 percent per annum simple interest on the outstanding balance under an installment sale agreement made on or after July 1, 1982.
MD. Commercial Law Code Ann. §  12-610.1 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-610.1 - Consumer Goods -- Refinancing of Agreement at Higher Rate

    Any agreement made before July 1, 1982, which is refinanced at a higher rate allowed by § 12–609(f) or § 12–610(3) of this subtitle must comply with the following requirements:        (1)    The holder must give the following disclosures in writing to the buyer prior to the execution by the buyer of the new agreement:    If you do agree to consolidate your existing obligation, you will be paying an annual percentage rate of  . . . .% on the existing net balance of $. . . . . ., instead of the rate of  . . . . .% which you are now paying.
MD. Commercial Law Code Ann. §  12-610.2 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-610.2 - Consumer Goods -- Change in Finance Charge Prohibited

    A holder may not enter into a retail installment sales agreement, providing for an initial rate of finance charge pursuant to § 12-609(f) or § 12-610(3) of this subtitle, which contains a provision that permits the holder to increase or decrease the applicable rate of finance charge from time to time during the term of an agreement.
MD. Commercial Law Code Ann. §  12-611 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-611 - Consumer Goods -- Computation of Finance Charge; Payment of Installments; Payment After Assignment

    (a)    (1)    The finance charge under an installment sale agreement relating to consumer goods or a motor vehicle may be computed:            (i)    On the actual unpaid principal outstanding from time to time; or            (ii)    In advance, at the time the agreement is made, by adding to the principal balance the amount of the finance charge that would be earned if the installment sale agreement were repaid exactly according to its terms at the applicable rate.        (2)    Nothing in this subtitle shall be construed to prohibit any particular method of computing the finance charge on an installment sale agreement so long as the amount of the finance charge does not result in a rate of finance charge in excess of that permitted by § 12-609 or § 12-610 of this subtitle, as applicable.    (b)    Amounts due under an installment sale agreement relating to consumer goods may be payable in successive monthly, semimonthly, or weekly installments.    (c)    As part of the regular practice of a holder, he may include fractional periods of 15 days or more as a whole month if he also entirely excludes fractional periods of 14 days or less.    (d)    Unless the buyer has notice of an assignment of an installment sale agreement relating to consumer goods, his payments to the last known holder of the agreement shall discharge his obligation to the extent of the payments.
MD. Commercial Law Code Ann. §  12-612 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-612 - Consumer Goods -- Prepayment

    (a)    Notwithstanding the provisions of § 12-601(k) of this subtitle, for the purposes of this section, “goods” means any personal property bought for use primarily for personal, family, or household purposes regardless of the cash price of the goods.    (b)    A buyer may prepay at any time, without penalty, all or part of the outstanding balance payable under an installment sale agreement relating to consumer goods.    (c)    (1)    Except as provided in subsection (d) of this section, if the buyer pays the balance in full before maturity, the holder immediately shall refund to him a portion of the finance charge, including the charge provided for in § 12-610(2) of this subtitle.        (2)    The amount of the refund shall be calculated according to the actuarial method based on the original schedule of payments.    (d)    If a prepayment is made, the holder is entitled to retain a finance charge of at least $6.    (e)    If the amount of the credit prepayment is less than $1, no refund need be made.
MD. Commercial Law Code Ann. §  12-613 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-613 - Insurance

    (a)    The provisions of this section are in addition to and not in substitution for any other applicable provision of statutory law.    (b)    If a holder undertakes at the expense of the buyer to sell, purchase, or supply insurance on the goods sold, the amount charged the buyer for the insurance may not exceed the lesser of:        (1)    The premium actually payable by the holder; or        (2)    The rate charged for similar insurance coverage by those companies whose rates are promulgated by a nationally recognized organization of underwriters.    (c)    (1)    If the buyer is charged for insurance, the holder shall deliver or mail to the buyer at his address shown on the agreement, within 25 days after delivery of the goods, a copy of each insurance policy or an owner’s certificate representing the policy, which sets forth:            (i)    The amount of the premium, type of insurance, scope of coverage, and each term, exception, limitation, restriction, and condition of the insurance contract; and            (ii)    If the goods sold include a motor vehicle, a definite statement in 12-point bold type or larger as to whether the insurance includes coverage for personal liability and for property damage caused to others.        (2)    If the holder assigns the agreement and has not complied with the requirements of this subsection, the assignee shall deliver or mail in like manner to the buyer the copy or certificate, within the same period or within five days after the assignment, whichever is later.    (d)    Each cancellation, surrender, or other refund and each dividend received under the insurance policy by the holder immediately shall be remitted to the buyer or credited against any amount then due by the buyer to the holder under the agreement.    (e)    (1)    If the amount charged for insurance exceeds the amount authorized by subsection (b) of this section, the buyer may deduct the overcharge from the amount of any payment.        (2)    If the buyer does not deduct the overcharge from his payment, the holder shall credit the amount of the overcharge against the last installment or installments under the agreement.    (f)    (1)    If the seller or his assignee does not comply with the requirements of subsection (c) of this section, the buyer may deduct the full amount charged to him for the insurance from the amount of any payment.        (2)    If the buyer does not deduct the amount charged from his payment, the holder shall credit the amount charged against the last installment or installments under the agreement.
MD. Commercial Law Code Ann. §  12-614 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-614 - Additional Charges

    (a)    Except as provided in subsection (b) of this section, a holder may not directly or indirectly contract for, charge, or receive from a buyer or a surety for a buyer on account of or in connection with any agreement, any charge or amount for the extension of credit, interest, fees, commissions, delinquency, collection, repossession, and foreclosure or otherwise.    (b)    A holder may charge the buyer the following charges or fees:        (1)    Subject to the provisions of § 12-630 of this subtitle, the time balance of an installment sale agreement;        (2)    If allowed by a court as costs, the official fees paid to a public official in connection with a proceeding to:            (i)    Recover possession of the goods;            (ii)    Enforce any obligation of the buyer or his surety; or            (iii)    Realize on any security interest or collateral security;        (3)    If no charge was made in the agreement on account of the insurance for the period covered, the premiums for insurance as provided by § 12-613 of this subtitle;        (4)    The amount paid for copies of agreements and statements of accounts pursuant to § 12-621 of this subtitle;        (5)    Charges permitted by:            (i)    §§ 12-623 and 12-626 of this subtitle for delinquencies and repossession expenses; and            (ii)    Law for extensions and refunds; and        (6)    An amount not exceeding $15 if payment is made with a check that is dishonored on the second presentment.
MD. Commercial Law Code Ann. §  12-615 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-615 - Refund of Deposit

    (a)    (1)    If, in addition to any down payment, a buyer is required under an installment sale agreement to make a payment to a seller before the seller is obligated to deliver the goods sold, the buyer may cancel the installment sale agreement before delivery or tender of the goods by the seller.        (2)    Notwithstanding any provision of the installment sale agreement, if it is canceled pursuant to this subsection, the seller shall refund to the buyer within ten days after notice of the cancellation an amount equal to at least 90 percent of all payments made by the buyer under the installment sale agreement, including any down payment.    (b)    If, because of a down payment made under an installment sale agreement, the buyer is entitled to delivery of the goods before making any further payment and the buyer refuses to accept delivery of the goods in accordance with the installment sale agreement, all or part of his down payment may be forfeited to the extent provided in the installment sale agreement.
MD. Commercial Law Code Ann. §  12-616 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-616 - Credit for Recording and Filing Fees

    (a)    If the holder does not pay out to a public official the full amount charged to the buyer for filing and recording instruments, the buyer shall receive credit for the amount so charged to him and not paid out.    (b)    The holder shall credit the amount of the overcharge against the last installment or installments under the agreement.
MD. Commercial Law Code Ann. §  12-617 (2021)
2021 Maryland Statutes|Commercial Law|Title 12 - Credit Regulations|Subtitle 6 - Retail Installment Sales|Part II - Installment Sales|Section 12-617 - Payments and Receipts

    (a)    (1)    If a payment is made on account of an agreement, the person receiving the payment shall give the buyer on his request, or, if payment is made in cash, without request, a complete written receipt for the payment.        (2)    If the buyer specifies that the payment is made on one of several obligations, the receipt shall so indicate. However, this provision does not affect the allocation of payments under an add-on contract pursuant to § 12-618 of this subtitle.    (b)    (1)    Unless a written notice of actual or intended assignment of an agreement is given to the buyer, he may pay or tender any amount due under the agreement or give any notice required by the agreement or this subtitle to the last known holder of the agreement.        (2)    A payment, tender, or notice so given is binding on any subsequent holder or assignee as fully as if made to him.