Legislation
- Title
- Real Property - Contract for Sale of New Home
- Sponsored by
- Delegate Knotts
- Status
- Approved by the Governor - Chapter 472
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Requiring a contract for the initial sale of a new home to include a specified provision under specified circumstances; authorizing a seller or purchaser to declare a specified contract void and of no effect under specified circumstances; requiring a seller to return to a purchaser any deposit paid under a specified contract under specified circumstances; and requiring a deposit held by a licensed real estate broker to be distributed in accordance with specified provisions of law.
Committees
- Original:
- Environment and Transportation
- Opposite:
- Judicial Proceedings
Details
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14-117 )
Last Updated: 2/3/2020 2:29 PM