MD SB160 | 2025 | Regular Session
Note: Carry Over of previous HB1408
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on May 13 2025 - 100% progression
Action: 2025-05-13 - Approved by the Governor - Chapter 509
Text: Latest bill text (Chaptered) [PDF]
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on May 13 2025 - 100% progression
Action: 2025-05-13 - Approved by the Governor - Chapter 509
Text: Latest bill text (Chaptered) [PDF]
Summary
Authorizing a seller, buyer, or assignee of certain residential property to rescind a contract of sale without penalty at any time before closing if a certain seller does not provide a certain notice; establishing that an assignee is entitled to a refund of any deposit paid for the purchase of residential real property under certain circumstances; requiring that a contract of sale comply with the requirements of the Act; and applying the Act prospectively.
Title
Residential Property - Assignment of Contracts of Sale - Disclosure Requirements and Rescission
Sponsors
Roll Calls
2025-04-03 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 1 Abs: 1) [PASS]
2025-04-01 - House - Third Reading Passed (Y: 135 N: 0 NV: 2 Abs: 4) [PASS]
2025-02-06 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
2025-04-01 - House - Third Reading Passed (Y: 135 N: 0 NV: 2 Abs: 4) [PASS]
2025-02-06 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2025-05-13 | Senate | Approved by the Governor - Chapter 509 |
| 2025-04-03 | Senate | Passed Enrolled |
| 2025-04-03 | Senate | Third Reading Passed (45-0) |
| 2025-04-03 | Senate | Senate Concurs House Amendments |
| 2025-04-01 | House | Third Reading Passed (135-0) |
| 2025-03-31 | House | Second Reading Passed with Amendments |
| 2025-03-31 | House | Favorable with Amendments {993728/1 Adopted |
| 2025-03-31 | House | Favorable with Amendments Report by Environment and Transportation |
| 2025-03-19 | House | Hearing 3/25 at 1:00 p.m. |
| 2025-02-07 | House | Referred Environment and Transportation |
| 2025-02-06 | Senate | Third Reading Passed (45-0) |
| 2025-02-04 | Senate | Second Reading Passed with Amendments |
| 2025-02-04 | Senate | Favorable with Amendments {303021/1 Adopted |
| 2025-02-03 | Senate | Favorable with Amendments Report by Judicial Proceedings |
| 2025-01-09 | Senate | Hearing 1/23 at 1:00 p.m. |
| 2025-01-08 | Senate | First Reading Judicial Proceedings |
| 2024-07-20 | Senate | Pre-filed |
Same As/Similar To
HB124 (Crossfiled) 2025-05-13 - Approved by the Governor - Chapter 508
HB1408 (Carry Over) 2024-03-20 - Hearing 3/27 at 1:00 p.m.
HB1408 (Carry Over) 2024-03-20 - Hearing 3/27 at 1:00 p.m.
Subjects
Agents and Brokers
Contracts
Disclosure
Real Estate
Real Property
Residential Property
Titles
Wholesale Distribution
Contracts
Disclosure
Real Estate
Real Property
Residential Property
Titles
Wholesale Distribution
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Real Property | 10 | 715 | (n/a) | See Bill Text |
| Real Property | 14 | 117 | (n/a) | See Bill Text |
