HOUSE BILL 1232

CHAPTER NUMBER: 729 File Code: Real Property

Sponsored By:

Delegate Frank

Entitled:

Real Property - Contracts of Sales

Synopsis:

Altering a specified statement applicable to recordation and transfer taxes that must be contained in a contract for use in the sale of residential property used as a dwelling place for one or two single-family units; and clarifying that contracts of sale must comply with specified provisions of law.

Legislative History

House Action

2/13

First Reading Economic Matters

Hearing 3/13 at 1:00 p.m.

3/21

Favorable with Amendments Report by Economic Matters

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/22

Third Reading Passed (135-1)

3/31

Returned Passed

5/22

Signed by the Governor Chapter 729

Senate Action

3/24

First Reading Judicial Proceedings

3/25

Hearing 3/26 at 1:00 p.m.

4/3

Favorable Report by Judicial Proceedings

Favorable Report Adopted

Second Reading Passed

4/4

Third Reading Passed (47-0)

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.

CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT

DISCLOSURE

REAL ESTATE -see also- AGENTS AND BROKERS

REAL PROPERTY

RECORDATION -see also- TRANSFER TAX

REVENUE AND TAXES -see also specific taxes -

TRANSFER TAX -see also- RECORDATION

Bill affects the following Statute:

Real Property

( 14-117 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

House

Number: 743763/1 (PDF) Offered on: MARCH 21, 1997 at: 10:24 Status: Adopted