2005 Regular Session

HOUSE BILL 412

CHAPTER NUMBER: 548 File Code: Real Property Prior Year Introduction As: HB 1036/04 - ENV Crossfiled with: SENATE BILL 192
Sponsored By:
Delegates Kach and V. Clagett
Entitled:
Real Property - Residential Property Disclaimer and Disclosure Statements - Latent Defects

Synopsis:

Requiring that a residential property disclaimer statement disclose any latent defect of which the vendor has actual knowledge and state that, except for latent defects that are disclosed, the vendor makes no representations or warranties and that a purchaser will receive the real property "as is", with all defects, including latent defects, that may exist, except as otherwise provided in the contract of the sale; etc.

History by Legislative Date

House Action
1/31
First Reading Environmental Matters
2/1
Hearing 2/17 at 1:00 p.m.
3/14

Favorable with Amendments Report by Environmental Matters
3/15
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/17
Third Reading Passed (137-0)
4/9
Returned Passed
Senate Action
3/18
First Reading Judicial Proceedings
4/9
Favorable Report by Judicial Proceedings
4/7
Favorable Report Adopted
Second Reading Passed
4/8
Third Reading Passed (47-0)
Action after passage in House and Senate
5/26
Signed by the Governor Chapter 548

Sponsored by:

Delegate Wade Kach, District 5B
Delegate Virginia P. Clagett, District 30

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
DISCLOSURE
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
INSPECTIONS -see also- MOTOR VEHICLE INSPECTION
INVESTIGATIONS AND INQUIRIES -see also- CRIM BCKGRND INVEST.
REAL ESTATE -see also- AGENTS AND BROKERS
REAL PROPERTY

Bill affects the following Statute:

Real Property
( 10-702 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
House
Number: 260311/01 (PDF)     Offered on: March 15, 2005   at: 10:25 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 17, 2005: Third Reading Passed (137-0)
Senate
April 8, 2005: Third Reading Passed (47-0)