MD HB1235 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on April 4 2023 - 50% progression, died in committee
Action: 2023-04-07 - Rereferred to Judicial Proceedings
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Requiring a real estate broker or an escrow agent, if a purchaser terminates a certain transaction under certain circumstances, to distribute trust money to the purchaser within 30 days after a certain written notice of the termination is sent; requiring a holder of trust money who makes a certain distribution to notify the seller and purchaser of the distribution within a certain period of time, subject to a certain exception; etc.

Tracking Information

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Title

Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act)

Sponsors


Roll Calls

2023-04-04 - House - Third Reading Passed (Y: 140 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2023-04-07SenateRereferred to Judicial Proceedings
2023-04-04SenateReferred Rules
2023-04-04HouseThird Reading Passed (140-0)
2023-04-03HouseFavorable Adopted Second Reading Passed
2023-04-03HouseFavorable Report by Environment and Transportation
2023-03-07HouseHearing 3/14 at 1:00 p.m.
2023-03-06HouseRereferred to Environment and Transportation
2023-02-15HouseFirst Reading House Rules and Executive Nominations

Same As/Similar To

SB651 (Crossfiled) 2023-05-08 - Approved by the Governor - Chapter 585

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Business Occupations and Professions17101(n/a)See Bill Text
Business Occupations and Professions17501(n/a)See Bill Text
Business Occupations and Professions17505(n/a)See Bill Text
Real Property10802(n/a)See Bill Text
Real Property10803(n/a)See Bill Text

Maryland State Sources


Bill Comments

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