HOUSE BILL 869

Sponsored By:

Delegate Holmes

Entitled:

Real Property - Protection of Homeowners in Foreclosure - Tenancy Agreement - Exception

Synopsis:

Providing that a requirement that the purchaser of a residence in default provide a specified statement about tenancy to the homeowner under specified circumstances does not apply to a tenancy arising after the sale of owner-occupied residential property where the seller and purchaser agree that the seller may remain in possession of the property for not more than 60 days after settlement.

History by Legislative and Calendar Date

House Action

2/12

First Reading Environmental Matters

2/13

Hearing 3/5 at 1:00 p.m.

3/23

Unfavorable Report by Environmental Matters

Senate Action

No Action

Bill indexed under the following Subjects:

Contracts -see also- Land Installment Contracts; Procurement

Disclosure

Foreclosure

Housing -see also- Apartments; Condominiums; Mobile Homes

Landlord and Tenant -see also- Eviction; Leases & Rent; etc.

Mortgages

Notices

Real Property

Bill affects the following Statute:

Real Property

( 7-313 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered