MD HB1151 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 30-0)
Status: Introduced on February 6 2025 - 25% progression
Action: 2025-02-06 - First Reading Environment and Transportation
Pending: House Environment and Transportation Committee
Status: Introduced on February 6 2025 - 25% progression
Action: 2025-02-06 - First Reading Environment and Transportation
Pending: House Environment and Transportation Committee
Summary
Authorizing the seller of residential real property to request that a certain lender have an additional appraisal made if the appraisal is lower than the current market value of the property; and requiring the lender to provide to the seller a written copy of the additional appraisal at no cost to the seller.
Title
Residential Real Property Sales – Appraisals
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-06 | House | First Reading Environment and Transportation |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Real Property | 14 | 104.1 | (n/a) | See Bill Text |
| Real Property | 14 | 104.2 | (n/a) | See Bill Text |
