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HB0124

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Residential Property - Assignment of Contracts of Sale - Disclosure Requirements and Rescission
Sponsored by
Delegate Rosenberg
Status
In the House - Hearing 1/28 at 2:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Authorizing a seller and buyer of certain residential property to rescind a contract of sale without penalty at any time before closing if a certain seller does not provide a certain notice; establishing that a buyer is entitled to a refund of any deposit paid for the purchase of residential real property under certain circumstances; requiring that a contract of sale comply with the requirements of the Act; and applying the Act prospectively.
Committees
Original:
Environment and Transportation   Click to view Recorded Media
Details
Cross-filed with: SB0160
Introduced in a prior session as: HB1408 Session: 2024 Regular Session
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2025
History
Legislation History
Chamber
House
Calendar Date
7/20/2024
Legislative Date
7/20/2024
Action
Pre-filed
Proceedings
Chamber
House
Calendar Date
1/08/2025
Legislative Date
1/08/2025
Action
First Reading Environment and Transportation
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - Residential Property - Assignment of Contracts of Sale - Disclosure Requirements and Rescission
Proceedings
Chamber
House
Calendar Date
1/08/2025
Legislative Date
1/08/2025
Action
Hearing 1/28 at 1:00 p.m.
Proceedings
Chamber
House
Calendar Date
1/13/2025
Legislative Date
1/13/2025
Action
Hearing canceled
Proceedings
Chamber
House
Calendar Date
1/13/2025
Legislative Date
1/13/2025
Action
Hearing 1/28 at 2:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 7/20/2024 7/20/2024 Pre-filed
House 1/08/2025 1/08/2025 First Reading Environment and Transportation
Text - First - Residential Property - Assignment of Contracts of Sale - Disclosure Requirements and Rescission
House 1/08/2025 1/08/2025 Hearing 1/28 at 1:00 p.m.
House 1/13/2025 1/13/2025 Hearing canceled
House 1/13/2025 1/13/2025 Hearing 1/28 at 2:00 p.m.
File Code
Subjects
Statutes
Last Updated: 1/29/2025 12:11 PM
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