HOUSE BILL 68

Sponsored By:

Delegates McConkey and Love

Entitled:

Real Estate Guaranty Fund - Fund Balance and Maximum Recovery

Synopsis:

Increasing the minimum level at which the State Real Estate Commission must maintain the Real Estate Guaranty Fund; increasing the maximum amount a person may recover for a claim brought against the Fund; altering a notice that a real estate broker must include in a sales contract; increasing the maximum amount for which the Commission may order a payment by the Fund; etc.

History by Legislative and Calendar Date

House Action

10/25

Pre-filed

1/9

First Reading Economic Matters

2/12

Withdrawn

Senate Action

No Action

Sponsored by:

Delegate Tony McConkey, District 33A

Delegate Mary Ann E. Love, District 32

Bill indexed under the following Subjects:

Agents and Brokers

Committees and Commissions -see also- Political Committees

Consumer Protection -see also- Unfair Trade Practices

Contracts -see also- Land Installment Contracts; Procurement

Disclosure

Fees -see also- Devt Fees and Taxes; Reimbursement Rates

Notices

Real Estate -see also- Agents and Brokers

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statutes:

Business Occupations and Professions

( 17-402 , 17-403 , 17-404 , 17-405 , 17-410 )

Documents:

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

Fiscal and Policy Note: Not available at this time

Amendments: None offered