[§514B-99]  Penalties.  (a)  Any person
who executes an affidavit required by this subpart and who violates or fails to
comply with any of the provisions of this subpart or any rule adopted by the
commission pursuant thereto, shall be subject to a civil penalty of up to
$10,000; or fifty per cent of the net proceeds received or to be received by
the person from the sale, lease, rental, assignment, or other transfer of the
residential unit to which the violation relates, whichever is the greater
amount.



(b)  Any developer, employee or agent of a
developer, or real estate licensee who violates or fails to comply with any of
the provisions of this subpart or any rule adopted by the commission pursuant
thereto, shall be subject to a civil penalty of up to $10,000.  Each violation
shall constitute a separate offense. [L 2005, c 93, pt of §4]