2009 Regular Session

HOUSE BILL 885

File Code: Real Property
Sponsored By:
Delegates Healey, Frush, Holmes, and Lafferty
Entitled:
Real Property - Rescission of Contract for Sale or Transfer of Residence in Default - Notice to Purchaser

Synopsis:

Requiring a homeowner of a residence in default to provide a specified notice as a condition of exercising specified rights to rescind a contract for the sale or transfer of a residence in default; and requiring the notice to be provided before the execution of the contract for sale or transfer of the residence in default.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/12
First Reading Environmental Matters
2/13
Hearing 3/5 at 1:00 p.m.
3/28
Unfavorable Report by Environmental Matters Withdrawn
Senate Action
No Action

Sponsored by:

Delegate Anne Healey, District 22
Delegate Barbara Frush, District 21
Delegate Marvin E. Holmes, Jr., District 23B
Delegate Stephen W. Lafferty, District 42

Bill indexed under the following Subjects:

Contracts -see also- Land Installment Contracts; Procurement
Foreclosure
Housing -see also- Apartments; Condominiums; Mobile Homes
Mortgages
Notices
Real Property

Bill affects the following Statutes:

Real Property
( 7-310 , 7-313 )

Documents:

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