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Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Real Property - Land Installment Contracts - Requirements and Vendor Duties and Limitations
Sponsored by
Delegates Charles and Henson
Status
In the House - Hearing 3/01 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Requiring the vendor to provide a purchaser under a land installment contract with the results of a title search for the property at or before the time the purchaser signs the contract; requiring the inclusion of certain notice, terms, and recitals in a land installment contract formed in the State; altering the percentage of the original cash price of a land installment contract that the purchaser must pay before the purchaser may demand a grant of the deed to the property to the purchaser; etc.
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): October 1, 2022
Legislation History
Chamber
House
Calendar Date
2/10/2022
Legislative Date
2/10/2022
Action
First Reading Environment and Transportation
Proceedings
Chamber
House
Calendar Date
2/11/2022
Legislative Date
2/11/2022
Action
Hearing 3/01 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/10/2022 2/10/2022 First Reading Environment and Transportation
Text - First - Real Property - Land Installment Contracts - Requirements and Vendor Duties and Limitations
House 2/11/2022 2/11/2022 Hearing 3/01 at 1:00 p.m.
Last Updated: 3/2/2022 4:19 PM
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