Senate Bill 840: Relating to Community Associations

S840    GENERAL BILL by Senator Eleanor Sobel ; (CO-INTRODUCERS) Gelber;
Aronberg; (Identical H 0327, Compare H 0115, H 0419, S 0398 [Withdrawn])
Community Associations; Revises the definition of the term "developer" to exclude a bulk assignee or bulk buyer. Provides for the assignment of developer rights to and the assumption of developer rights by a bulk assignee. Specifies liabilities of bulk assignees and bulk buyers. Provides for the resolution of a conflict between specified provisions of state law. Requires that a bulk assignee or bulk buyer comply with certain disclosure requirements, etc. EFFECTIVE DATE: Upon becoming
law.
12/01/09 SENATE Filed

12/17/09 SENATE Referred to Regulated Industries; Community Affairs; Judiciary
02/08/10 SENATE On Committee agenda-- Regulated Industries, 02/16/10, 1:30 pm, 110-S
02/16/10 SENATE CS by Regulated Industries; YEAS 7 NAYS 0
02/17/10 SENATE Pending reference review under Rule 4.7(2) - (Committee Substitute)

03/02/10 SENATE Introduced, referred to Regulated Industries; Community Affairs; Judiciary -SJ 00060; On Committee agenda-- Regulated Industries, 02/16/10, 1:30 pm, 110-S; CS by Regulated Industries; YEAS 7 NAYS 0 -SJ 00163; CS read 1st time on
03/02/10 -SJ 00157; Pending reference review under Rule 4.7(2) - (Committee Substitute)
03/08/10 SENATE Now in Community Affairs - SJ 00163
03/12/10 SENATE On Committee agenda-- Community Affairs, 03/17/10, 3:15 pm, 412-K
03/17/10 SENATE CS/CS by Community Affairs; YEAS 11 NAYS 0 -SJ 00279; CS read 1st time on 03/22/10 -SJ 00284
03/18/10 SENATE Pending reference review under Rule 4.7(2) - (Committee Substitute)
03/22/10 SENATE Now in Judiciary -SJ 00279

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