Residential Property – Assignment of Contracts of Sale – Disclosure Requirements and Rescission
Sponsor: Samuel I. Rosenberg (District 41)Committee: Environment and TransportationSubject: Real PropertyStatus: Hearing 3/27 at 1:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
Authorizing a seller and buyer of certain residential property to rescind a contract of sale without penalty at any time before closing if a certain seller does not provide a certain notice; establishing that a buyer is entitled to a refund of any deposit paid for the purchase of residential real property under certain circumstances; requiring that a contract of sale comply with the requirements of the Act; and applying the Act prospectively.
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Testimony (10)
MGA witness listFAV 6FavorableFWA 4Favorable with amendments
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Hijazi, Abdulla H. | Hijazi, Zaslow, & Carroll, P.A. | Oral |
| FAV | Rosenberg, Samuel | House of Delegates | Oral + Written (PDF) |
| FAV | Rosenberg, Samuel | House of Delegates | Written (PDF) |
| FAV | Castelli, Williamlobbyist | Rifkin, Weiner, Livingston LLC | Written (PDF) |
| FAV | Delegate Rosenberg, Delegate Rosenberglegislator | Individual | Oral |
| FAV | Delegate Rosenberg, Delegate Rosenberglegislator | Individual | Oral |
| FWA | O'Connell, William | MSBA Real Property Section Counsel | Oral |
| FWA | Glazer, Mark | Maryland Land Title Association | Written (PDF) |
| FWA | Enten, Robert | Maryland Multi-Housing Assoc | Oral |
| FWA | Castelli, Williamlobbyist | Rifkin, Weiner, Livingston LLC | Oral + Written (PDF) |
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…
FWACastelli, 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…