MD SB75 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 16 2012 - 25% progression, died in chamber
Action: 2012-03-06 - Unfavorable Report by Judicial Proceedings
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 16 2012 - 25% progression, died in chamber
Action: 2012-03-06 - Unfavorable Report by Judicial Proceedings
Text: Latest bill text (Introduced) [PDF]
Summary
Providing that a contract for the resale of a unit in a condominium is not enforceable unless the contract of sale contains a specified notice and the unit owner furnishes specified information concerning potential special assessments; providing that a contract for the resale of a lot in a development, or for the initial sale of a lot in a development containing 12 or fewer lots, is not enforceable unless the purchaser is given a specified notice concerning potential special assessments; and applying the Act only prospectively.
Title
Condominiums and Homeowners Associations - Sales Contracts - Notice of
Sponsors
History
Date | Chamber | Action |
---|---|---|
2012-03-06 | Unfavorable Report by Judicial Proceedings | |
2012-01-18 | Hearing 2/7 at 1:00 p.m. | |
2012-01-16 | First Reading Judicial Proceedings |
Subjects
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/SB0075.htm |
Text | http://mlis.state.md.us/2012rs/bills/sb/sb0075f.pdf |