MD HB697 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 25 2024 - 100% progression
Action: 2024-04-25 - Approved by the Governor - Chapter 198
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 25 2024 - 100% progression
Action: 2024-04-25 - Approved by the Governor - Chapter 198
Text: Latest bill text (Engrossed) [PDF]
Summary
Establishing certain requirements and prohibitions for commercial real estate transactions related to a buyer's right to make certain title, settlement, and escrow selections.
Title
Real Estate Brokers – Commercial Transactions – Buyer’s Rights
Sponsors
Roll Calls
2024-04-05 - Senate - Third Reading Passed (Y: 40 N: 0 NV: 4 Abs: 3) [PASS]
2024-03-07 - House - Third Reading Passed (Y: 140 N: 0 NV: 1 Abs: 0) [PASS]
2024-03-07 - House - Third Reading Passed (Y: 140 N: 0 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-25 | House | Approved by the Governor - Chapter 198 |
| 2024-04-06 | House | Returned Passed |
| 2024-04-05 | Senate | Third Reading Passed (40-0) |
| 2024-04-04 | Senate | Second Reading Passed |
| 2024-04-04 | Senate | Favorable Adopted |
| 2024-04-04 | Senate | Favorable Report by Education, Energy, and the Environment |
| 2024-03-08 | Senate | Referred Education, Energy, and the Environment |
| 2024-03-07 | House | Third Reading Passed (140-0) |
| 2024-03-05 | House | Favorable Adopted Second Reading Passed |
| 2024-03-04 | House | Favorable Report by Environment and Transportation |
| 2024-01-26 | House | Hearing 2/20 at 1:00 p.m. |
| 2024-01-25 | House | First Reading Environment and Transportation |
Same As/Similar To
SB1169 (Crossfiled) 2024-04-25 - Approved by the Governor - Chapter 199
Subjects
Agents and Brokers
Business Occupations and Professions
Commercial Property
Contracts
Counties
Escrow Accounts
Insurance
Loans
Municipal Corporations
Notices
Real Estate
Residential Property
Settlement Procedures
Zoning and Planning
Business Occupations and Professions
Commercial Property
Contracts
Counties
Escrow Accounts
Insurance
Loans
Municipal Corporations
Notices
Real Estate
Residential Property
Settlement Procedures
Zoning and Planning
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Business Occupations and Professions | 17 | 524.1 | (n/a) | See Bill Text |
| Business Occupations and Professions | 17 | 607.1 | (n/a) | See Bill Text |
