Maryland House Bill 425 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 9-0)
Status: Engrossed on March 9 2023 - 50% progression, died in committee
Action: 2023-03-16 - Hearing 3/23 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Engrossed) [PDF]

Requiring the vendor to provide a purchaser under a land installment contract with the results of a title search for the property at or before the time the purchaser signs the contract; requiring the inclusion of certain notice, terms, and recitals in a land installment contract formed in the State; altering, from 40% to 20%, the percentage of the original cash price of a land installment contract that the purchaser must pay before the purchaser may demand a grant of the deed to the property to the purchaser; etc.

Real Property - Land Installment Contracts - Requirements and Vendor Duties and Limitations

Del. Kym Taylor [D]	Sen. Nick Charles [D]	Del. Brooke Grossman [D]	Del. Kevin Harris [D]
Del. Shaneka Henson [D]	Del. Marvin Holmes [D]	Del. Julian Ivey [D]	Del. Deni Taveras [D]
Del. Karen Toles [D]

2023-03-09 - House - Third Reading Passed (Y: 137 N: 0 NV: 1 Abs: 2) [PASS]

Date	Chamber	Action
2023-03-16	Senate	Hearing 3/23 at 1:00 p.m.
2023-03-10	Senate	Referred Judicial Proceedings
2023-03-09	House	Third Reading Passed (137-0)
2023-03-07	House	Second Reading Passed with Amendments
2023-03-07	House	Favorable with Amendments {113127/1 Adopted
2023-03-06	House	Favorable with Amendments Report by Environment and Transportation
2023-02-01	House	Hearing 2/21 at 1:00 p.m.
2023-01-30	House	First Reading Environment and Transportation

HB425 (Carry Over) 2023-03-16 - Hearing 3/23 at 1:00 p.m.
HB425 (Carry Over) 2023-03-16 - Hearing 3/23 at 1:00 p.m.
HB1108 (Carry Over) 2022-02-11 - Hearing 3/01 at 1:00 p.m.

Chapter	Article	Section	Citation Type	Statute Text
Real Property	10	101	(n/a)	See Bill Text
Real Property	10	102	(n/a)	See Bill Text
Real Property	10	103	(n/a)	See Bill Text
Real Property	10	105	(n/a)	See Bill Text
Real Property	10	107	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0425?ys=2023RS
Text	https://mgaleg.maryland.gov/2023RS/bills/hb/hb0425f.pdf
Text	https://mgaleg.maryland.gov/2023RS/bills/hb/hb0425t.pdf
Amendment	https://mgaleg.maryland.gov/2023RS/amds/bil_0005/hb0425_11312701.pdf
Supplement	https://mgaleg.maryland.gov/2023RS/votes_comm/hb0425_ent.pdf
Roll Call	https://mgaleg.maryland.gov/2023RS/votes/House/0231.pdf