§14–712.

    (a)    A broker appointed under § 14–711(b) of this subtitle to offer property for open–market sale shall file a report with the court not later than 7 days after receiving an offer to purchase the property for at least the value determined under § 14–707 or § 14–711 of this subtitle.

    (b)    A report required under subsection (a) of this section shall contain the following information:

        (1)    A description of the property to be sold to each buyer;

        (2)    The name of each buyer;

        (3)    The proposed purchase price;

        (4)    The terms and conditions of the proposed sale, including the terms of any owner financing;

        (5)    The amounts to be paid to lienholders;

        (6)    A statement of contractual or other arrangements or conditions of the broker’s commission; and

        (7)    Other material facts relevant to the sale.