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Legislation


2007 Regular Session

SENATE BILL 248

File Code: Real Property
Sponsored By:
Senators Kelley, Britt, Colburn, Conway, Currie, Exum, Klausmeier, McFadden, and Miller
Entitled:
Real Property - Common Ownership Communities - Disclosures

Synopsis:

Providing that a contract for the resale of a cooperative interest by a member is not enforceable against a purchaser unless the purchaser is given copies of specified documents and statements under the Maryland Cooperative Housing Corporation Act; altering the time during which a purchaser has the right to cancel a contract without penalty under the Maryland Condominium Act; altering the time during which a purchaser has the right to cancel a contract without penalty under the Maryland Homeowners Association Act; etc.

History by Legislative and Calendar Date

Senate Action
1/29
First Reading Judicial Proceedings
2/7
Hearing 2/20 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Delores G. Kelley, District 10
Senator Gwendolyn Britt, District 47
Senator Richard F. Colburn, District 37
Senator Joan Carter Conway, District 43
Senator Ulysses Currie, District 25
Senator Nathaniel Exum, District 24
Senator Katherine Klausmeier, District 8
Senator Nathaniel J. McFadden, District 45
Senator Thomas V. Mike Miller, Jr., District 27

Bill indexed under the following Subjects:

Budgets -see also- Capital Budgets
Civil Actions -see also- Small Claims
Condominiums
Consumer Protection -see also- Unfair Trade Practices
Contracts -see also- Land Installment Contracts; Procurement
Cooperative Associations
Disclosure
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Homeowners Associations
Housing -see also- Apartments; Condominiums; Mobile Homes
Judgments
Notices
Real Property
Records -see also- Land Records; Vital Records

Bill affects the following Statutes:

Corporations and Associations
( 5-6B-03.1 )
Real Property
( 11-135 , 11B-105 , 11B-106 , 11B-108 )

Documents:

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