File Code: Real Property
- Sponsored By:
-
Delegate Vaughn
- Entitled:
-
Real Property - Rescission of Sales Contracts - Return of Deposits
Requiring the return of a deposit held by a real estate broker to a
purchaser who rescinds a contract to purchase a residential dwelling,
a cooperative interest, a condominium unit, or a lot in a homeowners
association to comply with the law governing the maintenance and
disposition of trust money by a real estate broker under specified
circumstances.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 2/11
- First Reading Environmental Matters
- Hearing 3/11 at 1:00 p.m.
- 3/17
- Favorable with Amendments Report by Environmental Matters
- 3/18
- Committee Amendment Withdrawn
- Substitute Committee Amendment Adopted
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/20
- Third Reading Passed (140-0)
- 4/3
- Returned Passed
Senate Action
- 3/23
- First Reading Judicial Proceedings
- Hearing 3/30 at 1:00 p.m.
- 4/6
- Favorable Report by Judicial Proceedings
- 4/2
- Favorable Report Adopted
- Second Reading Passed
- 4/3
- Third Reading Passed (46-0)
Action after passage in House and Senate
- 4/12
- Approved by the Governor
- - Chapter 156
Bill indexed under the following Subjects:
- Agents and Brokers
- Condominiums
- Contracts -see also- Land Installment Contracts; Procurement
- Cooperative Associations
- Homeowners Associations
- Housing -see also- Apartments; Condominiums; Mobile Homes
- Notices
- Real Estate -see also- Agents and Brokers
- Real Property
- Security Deposits
Bill affects the following Statutes:
- Business Occupations and Professions
- (
17-505
)
- Real Property
- (
10-702 ,
11-126 ,
11-135 ,
11B-108 ,
11B-108 ,
11B-108 ,
11B-108
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note:
Available
- Amendments:
House
- Number: 100617/01 Offered on: March 18, 2011 at:
11:39 a.m. Status: Adopted
- Number: 470910/01 Offered on: March 18, 2011 at:
11:54 a.m. Status: Withdrawn
-
Committee Votes :
House
- Environmental Matters
Senate
- Judicial Proceedings
- Roll Call Votes (Legislative dates are shown):
House
- March 20, 2011: Third Reading Passed (140-0)
Senate
- April 3, 2011: Third Reading Passed (46-0)