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Legislation


2012 Regular Session

HOUSE BILL 156

File Code: Real Property Crossfiled with: SENATE BILL 224
Sponsored By:
Delegate Beidle
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.
House Action
1/23
First Reading Environmental Matters
1/25
Hearing 2/9 at 1:00 p.m.
2/27
Favorable Report by Environmental Matters
2/28
Favorable Report Adopted
Second Reading Passed
3/1
Third Reading Passed (132-0)
Senate Action
3/2
First Reading Judicial Proceedings

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
Committee Votes :
House
Environmental Matters
Roll Call Vote (Legislative date is shown):
House
March 1, 2012: Third Reading Passed (132-0)
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