Sale of Residential Real Property - Offers to Purchase and Transfer Tax
What this bill does
Authorizing a person who offers for sale to a third party improved single-family residential real property, for the first 30 days, to accept an offer to purchase the property made only by an individual, a community development organization, a nonprofit organization, or a real estate enterprise that owns an interest in less than 3% of all residential real property in the county; and altering the rate of the State transfer tax payable for an instrument of writing for a sale of certain residential real property under certain circumstances.
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 (10)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |
| FAV | Amprey, Marlon | Individual | Written (PDF) |
| FAV | Delegate Amprey, Delegate Ampreylegislator | Individual | Oral |
| UNF | O'Connell, William | MSBA Real Property Section Counsel | Written (PDF) |
| UNF | Graf, Lorilobbyist | Maryland Building Industry Association | Oral + Written (PDF) |
| UNF | Glazer, Mark | Maryland Land Title Association | Written (PDF) |
| UNF | Enten, Robert | Maryland Multi-Housing Assoc | Oral |
| UNF | May, Lisalobbyist | Maryland REALTORS | Oral + Written (PDF) |
| UNF | Ballentine, Tom | NAIOP Maryland | Written (PDF) |
| UNF | Raine, James | Individual | Position only |