Real Estate - Workgroup to Study Real Estate Trust Money Distribution
What this bill does
Establishing the Workgroup to Study Real Estate Trust Money Distribution; providing for the membership, composition, chair and staffing of the Workgroup; requiring the workgroup to study certain issues including the timely disposition of deposit money when a dispute arises between buyer and seller; and requiring the Workgroup to report to certain committees of the General Assembly by December 1, 2021, recommendations for any legislation needed to clarify the manner in which real estate trust money is distributed.
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 list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Davis, Wayne | United Real Estate Executives | Oral |
| FAV | Branch, Chanel | Individual | Oral + Written (PDF) |
| FAV | Delegate Branch, C., Delegate Branch, C.legislator | Individual | Oral |
| FAV | Holt, Randy | Individual | Oral |
| FAV | Moorman, Anthony | Individual | Oral |
| UNF | Graf, Lorilobbyist | Maryland Building Industry Association | Written (PDF) |
| UNF | Castelli, Williamlobbyist | Individual | Oral + Written (PDF) |