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Legislation

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
Real Property - Land Installment Contracts - Requirements and Vendor Duties and Limitations
Sponsored by
Delegates Taylor, Charles, Grossman, Harris, Henson, Holmes, Ivey, Taveras, and Toles
Status
In the Senate - Hearing 3/23 at 1:00 p.m.
Analysis
Fiscal and Policy Note (Revised)
Synopsis
Requiring the vendor to provide a purchaser under a land installment contract with the results of a title search for the property at or before the time the purchaser signs the contract; requiring the inclusion of certain notice, terms, and recitals in a land installment contract formed in the State; altering, from 40% to 20%, the percentage of the original cash price of a land installment contract that the purchaser must pay before the purchaser may demand a grant of the deed to the property to the purchaser; etc.
Committee Testimony
Details
Introduced in a prior session as: HB1108 Session: 2022 Regular Session
Bill File Type: Regular
Effective Date(s): October 1, 2023
Legislation History
Chamber
House
Calendar Date
1/30/2023
Legislative Date
1/30/2023
Action
First Reading Environment and Transportation
Proceedings
Chamber
House
Calendar Date
2/01/2023
Legislative Date
2/01/2023
Action
Hearing 2/21 at 1:00 p.m.
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Vote - House - Committee - Environment and Transportation
Proceedings
Click to view Recorded Media
Chamber
House
Calendar Date
3/06/2023
Legislative Date
3/06/2023
Action
Favorable with Amendments Report by Environment and Transportation
Proceedings
Chamber
House
Calendar Date
3/07/2023
Legislative Date
3/01/2023
Action
Favorable with Amendments {113127/1 Adopted
Proceedings
38 Click to view Recorded Media
Chamber
House
Calendar Date
3/07/2023
Legislative Date
3/01/2023
Action
Second Reading Passed with Amendments
Proceedings
38 Click to view Recorded Media
Chamber
House
Calendar Date
3/09/2023
Legislative Date
3/03/2023
Action
Third Reading Passed (137-0)
Proceedings
40 Click to view Recorded Media
Chamber
Senate
Calendar Date
3/10/2023
Legislative Date
3/04/2023
Action
Referred Judicial Proceedings
Proceedings
41 Click to view Recorded Media
Chamber
Senate
Calendar Date
3/16/2023
Legislative Date
3/16/2023
Action
Hearing 3/23 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 1/30/2023 1/30/2023 First Reading Environment and Transportation
Text - First - Real Property - Land Installment Contracts - Requirements and Vendor Duties and Limitations
House 2/01/2023 2/01/2023 Hearing 2/21 at 1:00 p.m.
Vote - House - Committee - Environment and Transportation Click to view Recorded Media
House 3/06/2023 3/06/2023 Favorable with Amendments Report by Environment and Transportation
House 3/07/2023 3/01/2023 Favorable with Amendments {113127/1 Adopted 38 Click to view Recorded Media
House 3/07/2023 3/01/2023 Second Reading Passed with Amendments 38 Click to view Recorded Media
Text - Third - Real Property - Land Installment Contracts - Requirements and Vendor Duties and Limitations
House 3/09/2023 3/03/2023 Third Reading Passed (137-0) 40 Click to view Recorded Media
Senate 3/10/2023 3/04/2023 Referred Judicial Proceedings 41 Click to view Recorded Media
Senate 3/16/2023 3/16/2023 Hearing 3/23 at 1:00 p.m.
(   10-101, 10-102, 10-103, 10-105, 10-107 )
Last Updated: 6/9/2023 2:30 PM
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