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Legislation


2012 Regular Session

SENATE BILL 224

File Code: Real Property Prior Year Introduction As: HB 887/11 - ENV Crossfiled with: HOUSE BILL 156
Sponsored By:
Senator Gladden
Entitled:
Real Property - Condominiums - Rescission of Sales Contracts

Synopsis:

Limiting a condominium purchaser's right to rescind in writing a contract of sale based on amended material in a vendor's public offering statement to specified amendments that affect materially and adversely the purchaser's rights; requiring a purchaser to state in writing the purchaser's reason for rescission when it is based on specified amended material in a vendor's public offering statement; stating the intent of the General Assembly; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
1/20
First Reading Judicial Proceedings
1/24
Hearing 2/15 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Condominiums
Consumer Protection -see also- Unfair Trade Practices
Contracts -see also- Land Installment Contracts; Procurement
Court of Special Appeals
Security Deposits

Bill affects the following Statutes:

Real Property
( 11-126 , 11-126 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
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