Condominiums and Homeowners Associations – Resale Contracts – Notice Requirements
Sponsor: Jen Terrasa (District 13)Committee: Environment and TransportationSubject: Real PropertyStatus: Hearing 2/27 at 1:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
Establishing that certain required notices in certain resale contracts may be provided to a purchaser's real estate agent; altering certain fees a council of unit owners or a homeowners association or its agent may charge for providing certain disclosures; and altering the time period from 5 to 7 days within which a purchaser may cancel a resale contract when required notices are not provided.
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Testimony (8)
MGA witness listFAV 5FavorableUNF 2UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Straughn, Karen | Consumer Protection Division of the Office of the Attorney General | Written (PDF) |
| FAV | Terrasa, Jen | Delegate, MD General Assembly | Written (PDF) |
| FAV | May, Lisalobbyist | Maryland REALTORS | Oral + Written (PDF) |
| FAV | Castelli, Williamlobbyist | Rifkin, Weiner, Livingston LLC | Oral |
| FAV | Delegate Terrasa, Delegate Terrasalegislator | Individual | Oral |
| UNF | Dunn, Steven | Lerch, Early & Brewer, Chtd. | Oral + Written (PDF) |
| UNF | Wiggins, Grasonlobbyist | Individual | Oral |
| INFO | Harris, Mrs. | Individual | Position only |
Organizations on record
Registered lobbyists who testified
FAVCastelli, WilliamRifkin, Weiner, Livingston LLCRegistered for: ASC Engineered Solutions; Berkshire Hathaway Energy GT&S, LLC; Board of County Commissioners of Allegany County, MD; Brown Advisory; Cable Telecommunications Association of Maryland, Delaware and D.C., Inc.; Colonial Pipeline Company…
UNFWiggins, GrasonRegistered for: Maryland Chamber of Commerce; United Way of Central Maryland, Inc.; Madison Marquette Property Investments LLC; Maryland Automobile Insurance Fund; Family Tree, The; OVG Facilities…