Maryland Real Estate Purchase Agreement Template

1.) Chesapeake Bay Notice: This notice informs the buyer if the property sits within 1,000 feet of the Chesapeake Bay or its tributaries, which triggers specific environmental and building restrictions (§ 14-117).

2.) Conservation Easements: The seller must disclose if there is a legal agreement on the property that limits its development or use to protect natural resources (§ 10-705).

3.) Ground Rent: If the seller does not own the land outright and instead pays a yearly fee to a “ground lease” holder, the specific costs and terms of this rent must be disclosed (§ 14-117).

4.) Lead-Based Paint Disclosure: If the home was built before 1978, the seller must disclose the known presence of lead-based paint and provide the buyer with a safety pamphlet (42 U.S. Code § 4852d). 

5.) Residential Property Disclosure and Disclaimer Statement: This form allows the seller to either offer the home “as-is” or provide a detailed list of the property’s physical condition and known defects (§ 10-702). In either case, the seller must disclose any hidden issues that could threaten the occupants’ health or safety, and that would not be obvious during a standard inspection. This form also includes Maryland’s mandatory Notice of Purchaser’s Rights.