Current with changes from the 2024 Legislative Session
Section 4-308 - Homebuyer education(a) Subject to subsection (b) of this section, a recipient of a Program loan shall complete homebuyer education that meets the requirements of the Department.(b) The Department's homebuyer education requirements shall:(1) allow a Program loan recipient to use the online homebuyer education for a HUD-approved product and contact a HUD-approved counseling agency to receive a certificate; and(2) enable one political subdivision's certificate to be used in another political subdivision.(c) This subtitle does not alter or preempt the authority of a political subdivision to establish homebuyer education or counseling requirements for a down payment assistance program operated by the political subdivision.Amended by 2018 Md. Laws, Ch. 104,Sec. 1, eff. 10/1/2018.