Legislation

Title: Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act)
Sponsored by: Delegate Wells
Status: In the Senate - Rereferred to Judicial Proceedings
Analysis: Fiscal and Policy Note

Synopsis

Requiring a real estate broker or an escrow agent, if a purchaser terminates a certain transaction under certain circumstances, to distribute trust money to the purchaser within 30 days after a certain written notice of the termination is sent; requiring a holder of trust money who makes a certain distribution to notify the seller and purchaser of the distribution within a certain period of time, subject to a certain exception; etc.

Committees

Original:: Environment and Transportation Click to view Recorded Media

Opposite:: Judicial Proceedings

Committee Testimony

Witness List

Details

Cross-filed with: SB0651

Bill File Type: Regular

Effective Date(s): October 1, 2023

History

Legislation History
Chamber House Calendar Date 2/15/2023 Legislative Date 2/15/2023 Action First Reading House Rules and Executive Nominations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act) Proceedings
Chamber House Calendar Date 3/06/2023 Legislative Date 2/28/2023 Action Rereferred to Environment and Transportation Proceedings
Chamber House Calendar Date 3/07/2023 Legislative Date 3/07/2023 Action Hearing 3/14 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 4/03/2023 Legislative Date 4/03/2023 Action Favorable Report by Environment and Transportation Proceedings
Chamber House Calendar Date 4/03/2023 Legislative Date 3/21/2023 Action Favorable Adopted Second Reading Passed Proceedings 58 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act) Proceedings
Chamber House Calendar Date 4/04/2023 Legislative Date 3/22/2023 Action Third Reading Passed (140-0) Proceedings 59 Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2023 Legislative Date 3/22/2023 Action Referred Rules Proceedings 59 Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2023 Legislative Date 4/07/2023 Action Rereferred to Judicial Proceedings Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/15/2023	2/15/2023	First Reading House Rules and Executive Nominations
			Text - First - Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act)
House	3/06/2023	2/28/2023	Rereferred to Environment and Transportation
House	3/07/2023	3/07/2023	Hearing 3/14 at 1:00 p.m.
			Vote - House - Committee - Environment and Transportation	Click to view Recorded Media
House	4/03/2023	4/03/2023	Favorable Report by Environment and Transportation
House	4/03/2023	3/21/2023	Favorable Adopted Second Reading Passed	58 Click to view Recorded Media
			Text - Third - Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act)
House	4/04/2023	3/22/2023	Third Reading Passed (140-0)	59 Click to view Recorded Media
Senate	4/04/2023	3/22/2023	Referred Rules	59 Click to view Recorded Media
Senate	4/07/2023	4/07/2023	Rereferred to Judicial Proceedings

File Code

Subjects

Statutes