2006 Regular Session

SENATE BILL 489

File Code: Real Property
Sponsored By:
Senator Della
Entitled:
Real Property - Ground Rents - Prohibition on Creation of Ground Rent Lease

Synopsis:

Prohibiting, on or after October 1, 2006, the creation of a new residential lease or sublease with a 99-year term that is subject to the payment of an annual ground rent.

History by Legislative Date

Senate Action
2/2
First Reading Judicial Proceedings
2/8
Hearing 2/15 at 1:00 p.m.
2/27
Unfavorable Report by Judicial Proceedings
House Action
No Action

Bill indexed under the following Subjects:

LANDLORD AND TENANT -see also- EVICTION; LEASES & RENT; etc.
LEASES AND RENT
REAL PROPERTY

Bill affects the following Statute:

Real Property
( 8-111.2 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered