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Maryland wholesaling laws
Law addressing wholesaling in effect · Reviewed July 24, 2026
Maryland's HB 124 (Ch. 508) and SB 160 (Ch. 509) require wholesale buyers and sellers of owner-occupied residential property to give written assignment disclosures; owners and assignees may rescind without penalty (with a deposit refund) if disclosure isn't made.
What the law requires
- A wholesale buyer must, before signing, disclose in writing to the owner that it may assign the contract.
- A wholesale seller must, before assigning, disclose in writing to the assignee that it holds an equitable interest and may not be able to convey title.
- The owner may rescind before closing if the buyer failed to disclose and assigns; the assignee may rescind and get a deposit refund if the seller failed to disclose.
- Applies to owner-occupied residential property (4 or fewer units); prospective only.
- Bill / citation
- HB 124 / Ch. 508 (2025), SB 160 / Ch. 509 (2025)
- Effective
- October 1, 2025
Sources
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This is not legal advice.
Laws change and details vary by situation. Confirm Maryland's current requirements with a licensed real-estate attorney before relying on this in a live deal.
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