Estates and Trusts - Rule Against Perpetuities
Sponsor: Samuel I. Rosenberg (District 41)Committee: JudiciarySubject: Estates and TrustsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 50 (as of Nov 6, 2020)
What this bill does
Official synopsis
Limiting a statutory exception to the common-law rule against perpetuities that provides that the rule does not apply to an option of a tenant to purchase all or part of the premises leased by the tenant to an option that is exercisable only during the term of the lease; and providing for the prospective application of the Act.
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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (7)
MGA witness listFAV 4FavorableUNF 1UnfavorableINFO 2Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Levin, Edward | Gordon Feinblatt LLC | Oral + Written (PDF) |
| FAV | Levin, Ed | MSBA Real Property Section | Written (PDF) |
| FAV | Delegate Rosenberg, Delegate Rosenberglegislator | Individual | Position only |
| FAV | Rosenberg, Delegate Samuel | Individual | Written (PDF) |
| UNF | Collison, Charles | Individual | Position only |
| INFO | Michael, Joshua | Individual | Position only |
| INFO | frankel, shmuel | Individual | Oral |