HOUSE BILL 830

File Code: Business Regulation and Occupations

Sponsored By:

Delegate Menes

Entitled:

Real Estate - Residential Settlements - Prohibition and Disclosure

Synopsis:

Prohibiting a real estate broker, an associate real estate broker, a real estate salesperson, or a lawyer acting as a real estate broker in single-family residential real estate transactions from directly or indirectly indicating that the buyer should use a particular person in specified capacities for settlement except on specified request; and requiring a real estate broker, an associate real estate broker, a real estate salesperson, or a lawyer acting as a real estate broker in those transactions to disclose specified information to the buyer.

History by Legislative Date

House Action

2/8

First Reading Economic Matters

2/10

Hearing 3/2 at 1:00 p.m.

3/13

Unfavorable Report by Economic Matters

Senate Action

No Action

Bill indexed under the following Subjects:

AGENTS AND BROKERS

ATTORNEYS

DISCLOSURE

HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES

PENALTIES

REAL ESTATE -see also- AGENTS AND BROKERS

SETTLEMENT PROCEDURES

Bill affects the following Statutes:

Business Occupations and Professions

( 17-524 , 17-607 , 17-613 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered