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2014 Regular Session



Condominiums and Homeowners Associations - Sales - Disclosure and Cancellation Requirements

Sponsored by:

Senator Forehand


In the Senate - Hearing 3/05 at 1:00 p.m.

Synopsis:Altering the information that a purchaser must receive before a contract for the sale or resale of a unit in a condominium or a lot in a homeowners association may be enforced by the vendor or seller; altering the time period within which a purchaser may cancel a contract for the sale or resale of a unit or lot without stating a reason and without liability on the part of the purchaser; altering the time period within which a council of unit owners must furnish a specified certificate to a unit owner; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Forehand, DeGrange, Muse, and Peters
Additional Facts:Cross-filed with: HB1080
Bill File Type: Regular
Effective Date(s): October 1, 2014
Judicial Proceedings   View Committee Hearing
Broad Subject(s):Real Property
Narrow Subject(s):Agents and Brokers
Contracts -see also- Land Installment Contracts; Procurement
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Homeowners Associations
Real Estate -see also- Agents and Brokers
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October 24, 2017 1:57 P.M.