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 Click to view Recorded Media

Details

Introduced in a prior session as: HB0637 Session: 2015 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2016

History

Legislation History
Chamber House Calendar Date 2/17/2016 Legislative Date 2/18/2016 Action First Reading House Rules and Executive Nominations Proceedings
Chamber House Calendar Date 3/18/2016 Legislative Date 3/18/2016 Action Rereferred to Environment and Transportation Proceedings
Chamber House Calendar Date 3/22/2016 Legislative Date 3/22/2016 Action Hearing 3/29 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/24/2016 Legislative Date 3/24/2016 Action Hearing cancelled Proceedings
Chamber House Calendar Date 3/24/2016 Legislative Date 3/24/2016 Action Hearing 3/31 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/17/2016	2/18/2016	First Reading House Rules and Executive Nominations
House	3/18/2016	3/18/2016	Rereferred to Environment and Transportation
House	3/22/2016	3/22/2016	Hearing 3/29 at 1:00 p.m.
House	3/24/2016	3/24/2016	Hearing cancelled
House	3/24/2016	3/24/2016	Hearing 3/31 at 1:00 p.m.

Documents

Date Posted	Document Name
2/18/2016	Text - First - Real Property - Redeemable Ground Rents - Required Redemption

File Code

Subjects

Statutes