Maryland House Bill 480

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Spectrum: Partisan Bill (Democrat 13-0)
Status: Engrossed on February 22 2024 - 50% progression, died in committee
Action: 2024-02-26 - Referred Judicial Proceedings
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]	Del. Nick Allen [D]	Del. Regina Boyce [D]	Del. Brooke Grossman [D]
Del. Kevin Harris [D]	Del. Shaneka Henson [D]	Del. Marvin Holmes [D]	Del. Julian Ivey [D]
Del. Mary Lehman [D]	Del. Kent Roberson [D]	Del. Karen Simpson [D]	Del. Jamila Woods [D]
Del. Caylin Young [D]

2024-02-22 - House - Third Reading Passed (Y: 138 N: 0 NV: 0 Abs: 3) [PASS]

Date	Chamber	Action
2024-02-26	Senate	Referred Judicial Proceedings
2024-02-22	House	Third Reading Passed (138-0)
2024-02-20	House	Favorable Adopted Second Reading Passed
2024-02-19	House	Favorable Report by Environment and Transportation
2024-01-25	House	Hearing 2/13 at 1:00 p.m.
2024-01-22	House	First Reading Environment and Transportation

HB425 (Carry Over) 2023-03-16 - Hearing 3/23 at 1:00 p.m.
SB664 (Crossfiled) 2024-02-12 - Hearing 2/16 at 10:00 a.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/HB0480?ys=2024RS
Text	https://mgaleg.maryland.gov/2024RS/bills/hb/hb0480f.pdf
Text	https://mgaleg.maryland.gov/2024RS/bills/hb/hb0480t.pdf
Supplement	https://mgaleg.maryland.gov/2024RS/votes_comm/hb0480_ent.pdf
Roll Call	https://mgaleg.maryland.gov/2024RS/votes/House/0178.pdf