SENATE BILL 1015

File Code: Real Property Crossfiled with: HOUSE BILL 75

Sponsored By:

Senator Pugh

Entitled:

Residential Property - Condominium Unit Owners or Lot Owners - Provision of Disclosure Documents

Synopsis:

Providing that a residential condominium unit owner or a vendor of or a lot owner in a development who is selling the property shall provide specified disclosure documents without charge to a purchaser; and providing that, notwithstanding any other provision in specified provisions of law, the mortgagee or trustee designated under the deed of trust shall provide disclosure documents to the purchaser of a condominium unit or a lot in a development at a foreclosure sale.

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

2/20

First Reading Senate Rules

2/27

Re-referred Judicial Proceedings

2/29

Hearing 3/21 at 1:00 p.m.

3/1

Hearing cancelled

3/12

Unfavorable Report by Judicial Proceedings Withdrawn

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

Disclosure

Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.

Foreclosure

Homeowners Associations

Housing -see also- Apartments; Condos; Mobile & Manuf Homes

Mortgages

Notices

Real Property

Bill affects the following Statutes:

Real Property

( 11-135 , 11-135 , 11-135.1 , 11B-105 , 11B-106 , 11B-106.2 )

Documents

All documents except Roll Call Votes are displayed in PDF format:

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Not available at this time

Amendments: None offered

Committee Votes :

Senate

Judicial Proceedings