1999 Regular Session

HOUSE BILL 106

CHAPTER NUMBER: 66 File Code: Real Property
Sponsored By:
Delegates Brown, Kagan, Moe, Frush, Hill, and Pitkin
Entitled:
Maryland Condominium Act - Disclosure Requirements - Public Offering Statement

Synopsis:

Requiring the vendor of a condominium to provide the purchaser with a current public offering statement; requiring the public offering statement to include a plain language statement of the policy and procedures for collecting assessments and handling collection of delinquencies, including specified reasonable details; and providing that a public offering statement is current if certain information is updated and filed by the developer at least annually.

History by Legislative Date

House Action
1/25
First Reading Economic Matters
1/27
Hearing 2/2 at 1:00 p.m.
2/23

Favorable with Amendments Report by Economic Matters
2/24
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
2/26
Third Reading Passed (136-0)
4/4
Return Passed
4/13
Signed by the Governor Chapter 66
Senate Action
3/1
First Reading Judicial Proceedings
3/17
Hearing 3/25 at 1:00 p.m.
4/5
Favorable Report by Judicial Proceedings
Favorable Report Adopted
Second Reading Passed
4/6
Third Reading Passed (46-0)
Sponsored by:
Delegate Anthony Brown, District 25
Delegate Barbara Frush, District 21
Delegate Kerry Hill, District 26
Delegate Cheryl C. Kagan, District 17
Delegate Brian R. Moe, District 21
Delegate Joan B. Pitkin, District 23
Bill indexed under the following Subjects:
ASSESSMENTS
CONDOMINIUMS
CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.
DISCLOSURE
Bill affects the following Statutes:
Real Property
( 11-126 , 11-127 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 523385/1 (PDF)     Offered on: February 24, 1999   at: 10:19 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
February 26, 1999: Third Reading Passed (137-0)
Senate
April 6, 1999: Third Reading Passed (46-0)