File Code: Real Property
- Sponsored By:
-
Delegate Weir
- Entitled:
-
Real Property - Sales of Residential Property - Flood Insurance
Providing that, if a purchaser of residential real property is
required by a lender to purchase flood insurance as a condition to
receiving a loan for the purchase of the property and the purchaser
establishes that the flood insurance was unnecessary, the lender must
reimburse the purchaser for specified costs incurred by the purchaser.
House Action
- 2/9
- First Reading Economic Matters
- Hearing 2/24 at 1:00 p.m.
- 3/6
- Unfavorable Report by Economic Matters
Senate Action
- No Action
- Bill indexed under the following Subjects:
- HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- MORTGAGES
- REAL PROPERTY
- Bill affects the following Statute:
- Real Property
- (
14-104.2
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
