Who is responsible for ensuring that a prospective buyer receives a copy of the Maryland Residential Property Disclosure and Disclaimer Statement?

The responsibility of ensuring that a prospective buyer receives a copy of the Maryland Residential Property Disclosure and Disclaimer Statement can fall to either the buyer's or seller's broker. In Maryland, the law mandates that the disclosure statement must be provided to buyers to help them make informed decisions regarding their potential purchase.

This is crucial in real estate transactions as the statement outlines known material defects about the property and can include various details about the condition of the home, which addresses issues such as lead paint, mold, or structural problems.

Having either broker involved in a transaction ensure that the document is communicated properly upholds the transparency within the real estate process. It emphasizes that both parties' representatives share the obligation to facilitate disclosure so that buyers can have the information they need, regardless of which side they represent.

This aspect fosters professional integrity and respects the buyer's right to be fully informed before making a purchasing decision, thus the correct answer confirms the collaborative role that brokers play in the transaction process with respect to disclosure requirements.