- Title
- Residential Real Property Sales – Appraisals
- Sponsored by
- Delegates Taylor, Acevero, Alston, Amprey, Boafo, Conaway, Crutchfield, Fennell, Harris, Holmes, Kaufman, Lehman, Martinez, McCaskill, Pasteur, Pena-Melnyk, Phillips, Roberson, Roberts, Ruff, Simpson, Taveras, Toles, Turner, Valderrama, Wells, White Holland, Wilkins, Wims, and Woods
- Status
- In the House - First Reading Environment and Transportation
- Analysis
Synopsis
Authorizing the seller of residential real property to request that a certain lender have an additional appraisal made if the appraisal is lower than the current market value of the property; and requiring the lender to provide to the seller a written copy of the additional appraisal at no cost to the seller.
Committees
- Original:
- Environment and Transportation
Details
Bill File Type: Regular
Effective Date(s): October 1, 2025
History
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File Code
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Subjects
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Statutes
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(
14-104.1,
14-104.2 )
Last Updated: 2/6/2025 12:13 PM
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