Legislation

Requiring a redeemable ground rent to be redeemed when the property subject to the ground rent is transferred or the leasehold tenant obtains or refinances a loan on the property; requiring the transferee or borrower to request a redemption statement from the ground lease holder if the ground lease is registered with the State Department of Assessments and Taxation; requiring the ground lease holder to send a redemption statement containing specified information within 60 days after receiving a request; etc.

Committees

Original:: Environment and Transportation

Details

Introduced in a prior session as: HB1529 Session: 2016 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2017

History

Legislation History
Chamber House Calendar Date 7/14/2016 Legislative Date 7/14/2016 Action Pre-filed Proceedings
Chamber House Calendar Date 1/11/2017 Legislative Date 1/11/2017 Action First Reading Environment and Transportation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Real Property - Redeemable Ground Rents - Required Redemption Proceedings
Chamber House Calendar Date 1/11/2017 Legislative Date 1/11/2017 Action Hearing 1/24 at 1:00 p.m. Proceedings
Chamber House Calendar Date 1/18/2017 Legislative Date 1/18/2017 Action Hearing canceled Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Environment and Transportation Proceedings Click to view Recorded Media
Chamber House Calendar Date 2/13/2017 Legislative Date 2/13/2017 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	7/14/2016	7/14/2016	Pre-filed
House	1/11/2017	1/11/2017	First Reading Environment and Transportation
			Text - First - Real Property - Redeemable Ground Rents - Required Redemption
House	1/11/2017	1/11/2017	Hearing 1/24 at 1:00 p.m.
House	1/18/2017	1/18/2017	Hearing canceled
			Vote - House - Committee - Environment and Transportation	Click to view Recorded Media
House	2/13/2017	2/13/2017	Withdrawn by Sponsor

File Code

Subjects

Statutes