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Legislation


2007 Regular Session

HOUSE BILL 465

File Code: Real Property Crossfiled with: SENATE BILL 511
Sponsored By:
Delegate James
Entitled:
Real Property - Sale of Property Encumbered by a Conservation Easement

Synopsis:

Establishing that a purchaser has the right to rescind a contract for the sale of property encumbered by a conservation easement if the seller fails to give the purchaser a copy of specified conservation easements within a specified time and the contract of sale fails to contain a specified notice under specified circumstances; requiring the purchaser of specified real property to provide notice of the sale to the owner of a conservation easement; defining "conservation easement" and "land trust"; etc.

History by Legislative and Calendar Date

House Action
2/6
First Reading Environmental Matters
2/7
Hearing 3/1 at 1:00 p.m.
3/23
Favorable with Amendments Report by Environmental Matters
3/20
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/21
Third Reading Passed (134-0)
3/30
Returned Passed
Senate Action
3/23
First Reading Judicial Proceedings
3/27
Hearing 3/29 at 1:00 p.m.
4/3
Favorable Report by Judicial Proceedings
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (47-0)
Action after passage in House and Senate
5/17
Approved by the Governor
- Chapter 606

Bill indexed under the following Subjects:

Conservation -see also- Soil Conservation
Consumer Protection -see also- Unfair Trade Practices
Contracts -see also- Land Installment Contracts; Procurement
Disclosure
Easements
Farmland
Historical Matters
Notices
Real Property

Bill affects the following Statute:

Real Property
( 10-705 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
House
Number: 640615/01     Offered on: March 23, 2007   at: 5:04 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 21, 2007: Third Reading Passed (134-0)
Senate
April 1, 2007: Third Reading Passed (47-0)
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