Legislation
- Title
- Condominiums and Homeowners Associations – Resale Contracts – Notice Requirements
- Sponsored by
- Delegates Terrasa, Lehman, and Ziegler
- Status
- In the House - Hearing 2/27 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Establishing that certain required notices in certain resale contracts may be provided to a purchaser's real estate agent; altering certain fees a council of unit owners or a homeowners association or its agent may charge for providing certain disclosures; and altering the time period from 5 to 7 days within which a purchaser may cancel a resale contract when required notices are not provided.
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Details
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Statutes
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(
11-135, 11B-106, 11B-108 )
Last Updated: 4/15/2024 2:52 PM