Legislation
- Title
- Residential Leases - Lease Option Agreements - Required Statements
- Sponsored by
- Delegate Rosenberg
- Status
- Approved by the Governor - Chapter 787
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Requiring a lease option agreement to purchase improved residential property, if executed on or after July 1, 2018, to state in capital letters and in close proximity to the tenant's signature that the agreement is an integral part of the lease and is governed by Title 8 of the Real Property Article and a tenant or prospective tenant shall have all applicable rights and remedies provided under that title.
Committees
Details
Bill File Type: Regular
Effective Date(s): July 1, 2018
History
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File Code
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Subjects
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Statutes
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(
1-101, 8-202 )
Last Updated: 2/3/2020 2:32 PM