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2015 Regular Session



Real Property - Condominiums and Homeowners Associations - Disclosures to Purchasers on Resale of Unit or Lot - Limitation on Fees

Sponsored by:

Delegate McMillan


In the Senate - Third Reading Passed with Amendments (47-0)

Synopsis:Limiting the amount of the fee that a condominium council of unit owners may charge a unit owner to furnish a certificate with the information necessary for the unit owner to comply with specified resale disclosure requirements; providing that a council of unit owners is entitled to charge specified fees for an inspection of a unit and for ensuring the completion of specified inspection and preparation and delivery of a specified certificate within 14 days after a written request by a unit owner; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegates McMillan, Davis, and Holmes
Additional Facts:Introduced in a prior session as: HB0412 Session: 2014 Regular Session
Bill File Type: Regular
Effective Date(s): October 1, 2015
Environment and Transportation  View Committee HearingJudicial Proceedings  View Committee Hearing
Broad Subject(s):Real Property
Narrow Subject(s):Agents and Brokers
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Homeowners Associations
Inspections -see also- Motor Vehicle Inspection
Liability -see also- Good Samaritan
Real Estate -see also- Agents and Brokers
Statutes:Article - Real Property
(11-135, 11B-106)

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October 24, 2017 4:45 P.M.