Please note the following updates to the Maryland LAW F&I Library®:
Maryland Buyers Order and Maryland Buyers Order with Arbitration
The new form numbers are LAWMD-BO(3P)24 and LAWMD-BOARB3P24. They replace the LAWMD-BO(3P)19 and LAWMD-BOARB3P19. The new forms include, among others, the following updates:
Maryland Lease Order and Maryland Lease Order with Arbitration
The new form numbers are LAWMD-LO(3P)24 and LAWMD-LOARB3P24. They replace the LAWMD-LO(3P)17 and LAWMD-LOARB3P17. The new forms include, among others, the following updates:
Optional Product Disclosure
The new form number is LDJ-OPD(3P)24. It replaces the LDJ-OPD(3P)19. The new form includes, among others, the following updates:
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New 10/24 revision date
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Expanded Buyers/Lessee information field to include fields for Email, Phone, and Cell
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Added checkboxes to identify Transaction Type
Lien Payoff Authorization & Release
The new form number is PAYOFF-RELEASE24. It replaces the PAYOFF-RELEASE19. The new form includes, among others, the following updates:
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New template with a 6/24 revision date
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Expanded scope of form to include both trade-in transactions and dealer purchase transactions
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Provides a description of the lien payoff process and the owner's financial responsibility
Arbitration Agreement
The LAW-ARB4P8/22 form has been approved for use in Maryland.
We Owe You Owe
This document, form number SA-1506YO, has been added to the F&I Library.
Dealers will need to consult with their DMS provider regarding reprogramming requirements for new or updated documents.
You can place orders for the most recent version of any LAW document through our online portal ReySource, by contacting your Document Services Consultant, or calling 1.800.344.0996.