MD HB1039 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 7 2024 - 25% progression, died in committee
Action: 2024-02-08 - Hearing 2/27 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2024 - 25% progression, died in committee
Action: 2024-02-08 - Hearing 2/27 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing that certain required notices in certain resale contracts may be provided to a purchaser's real estate agent; altering certain fees a council of unit owners or a homeowners association or its agent may charge for providing certain disclosures; and altering the time period from 5 to 7 days within which a purchaser may cancel a resale contract when required notices are not provided.
Title
Condominiums and Homeowners Associations – Resale Contracts – Notice Requirements
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-08 | House | Hearing 2/27 at 1:00 p.m. |
| 2024-02-07 | House | First Reading Environment and Transportation |
Same As/Similar To
SB898 (Crossfiled) 2024-02-07 - Hearing 3/07 at 1:00 p.m.
Subjects
Agents and Brokers
Condominiums
Contracts
Disclosure
Fees
Homeowners Associations
Notices
Real Estate
Real Property
Time
Condominiums
Contracts
Disclosure
Fees
Homeowners Associations
Notices
Real Estate
Real Property
Time
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Real Property | 11 | 135 | (n/a) | See Bill Text |
| Real Property | 11B | 106 | (n/a) | See Bill Text |
| Real Property | 11B | 108 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1039?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb1039f.pdf |
