Legislation
- Titel
- Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act)
- Sponsored by
- Delegate Wells
- Status
- In the Senate - Rereferred to Judicial Proceedings
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring a real estate broker or an escrow agent, if a purchaser terminates a certain transaction under certain circumstances, to distribute trust money to the purchaser within 30 days after a certain written notice of the termination is sent; requiring a holder of trust money who makes a certain distribution to notify the seller and purchaser of the distribution within a certain period of time, subject to a certain exception; etc.
Committees
- Opposite:
- Judicial Proceedings
Committee Testimony
Details
History
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File Code
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Subjects
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Statutes
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(
17-101, 17-501, 17-505 )
(
10-802, 10-803 )
Last Updated: 6/9/2023 2:52 PM