CHAPTER NUMBER: 258
File Code: Real Property
- Sponsored By:
-
Delegates Bozman, Conway, and McClenahan
- Entitled:
-
Time-Shares - Sale of Foreclosed Time-Shares by Associations
Altering the definition of developer under the Maryland Real Estate
Time-Sharing Act to specifically exclude an association that resells
time-shares acquired by the association through foreclosure of a lien
for nonpayment of specified assessments and charges or by deed in lieu
of foreclosure from time-share owners who are delinquent in payment of
specified assessments and charges; and requiring associations
reselling time-shares to provide purchasers with a certificate
disclosing specified information.
House Action
- 2/11
- First Reading Economic Matters
- Hearing 2/24 at 1:00 p.m.
- 3/9
- Favorable Report by Economic Matters
- 3/10
- Favorable Report Adopted
- Second Reading Passed
- 3/16
- Third Reading Passed (137-0)
- 4/4
- Return Passed
- 4/27
- Signed by the Governor Chapter 258
Senate Action
- 3/17
- First Reading Judicial Proceedings
- 3/18
- Hearing 3/25 at 1:00 p.m.
- 4/5
- Favorable Report by Judicial Proceedings
- Favorable Report Adopted
- Second Reading Passed
- 4/6
- Third Reading Passed (46-0)
- Sponsored by:
- Delegate K. Bennett Bozman, District 38
- Delegate Norman H. Conway, District 38
- Delegate Charles A. McClenahan, District 38
- Bill indexed under the following Subjects:
- ASSOCIATIONS -see also- COOPERATIVE ASSOCIATIONS
- CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.
- DISCLOSURE
- FORECLOSURE
- TIMESHARING
- Bill affects the following Statutes:
- Real Property
- (
11A-101 ,
11A-101 ,
11A-115
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
- Roll Call Votes (Legislative dates are shown):
- House
- March 16, 1999: Third Reading Passed (137-0)
- Senate
- April 6, 1999: Third Reading Passed (46-0)
