Real Property - Termination of Residential Real Estate Contracts - Contingency Clauses
Sponsor: Mike McKay (District 1)Committee: Judicial ProceedingsSubject: Real PropertyStatus: Approved by the Governor - Chapter 716 (as of Sep 4, 2026)
What this bill does
Official synopsis
Altering the definition of 'contingency clause' as the term applies to the circumstances under which a residential real estate contract may be terminated by a purchaser; and altering the time period within which a holder of trust money must distribute trust money to a purchaser.
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Testimony (3)
MGA witness listFAV 3Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Castelli, Williamlobbyist | Rifkin, Weiner, Livingston LLC | Oral + Written (PDF) |
| FAV | McKay, Mike | Individual | Written (PDF) |
| FAV | Senator McKay, Senator McKaylegislator | Individual | Oral |
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…