Real property; duty to disclose ownership interest and lis pendens. (HB281)

Introduced By

Del. Carrie Coyner (R-Chesterfield) with support from co-patron Del. Wren Williams (R-Stuart)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Real property; duty to disclose ownership interest and lis pendens. Provides that a real estate licensee has an affirmative duty, upon having substantive discussions about specific real property, to disclose in writing to the purchaser, seller, lessor, or lessee of the property if he, any member of his family, his firm, any member of his firm, or any entity in which he has an ownership interest has or will have an ownership interest as a party to the transaction and must also disclose in writing that he is a licensee. The bill requires that an owner of a residential dwelling unit who has actual knowledge of a lis pendens filed against the dwelling unit must provide to a prospective purchaser a written disclosure of such fact on a form provided by the Real Estate Board on its website. This bill is identical to SB 311. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2022Committee
01/11/2022Prefiled and ordered printed; offered 01/12/22 22104086D
01/11/2022Referred to Committee on General Laws
01/25/2022Referred from General Laws
01/25/2022Referred to Committee on Commerce and Energy
01/27/2022Impact statement from DPB (HB281)
01/28/2022Assigned sub: Subcommittee #1
02/01/2022House subcommittee amendments and substitutes offered
02/01/2022Subcommittee recommends reporting with substitute (8-Y 0-N)
02/03/2022Reported from Commerce and Energy with substitute (22-Y 0-N) (see vote tally)
02/03/2022Committee substitute printed 22105033D-H1
02/07/2022Read first time
02/08/2022Read second time
02/08/2022Committee substitute agreed to 22105033D-H1
02/08/2022Engrossed by House - committee substitute HB281H1
02/08/2022Impact statement from DPB (HB281H1)
02/09/2022Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/09/2022VOTE: Block Vote Passage (99-Y 0-N) (see vote tally)
02/10/2022Constitutional reading dispensed
02/10/2022Referred to Committee on General Laws and Technology
02/23/2022Reported from General Laws and Technology (15-Y 0-N) (see vote tally)
02/25/2022Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/28/2022Read third time
02/28/2022Passed Senate (40-Y 0-N) (see vote tally)
03/02/2022Enrolled
03/02/2022Bill text as passed House and Senate (HB281ER)
03/02/2022Signed by Speaker
03/03/2022Impact statement from DPB (HB281ER)
03/03/2022Signed by President
03/11/2022Enrolled Bill communicated to Governor on March 11, 2022
03/11/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
04/11/2022G Approved by Governor-Chapter 610 (effective 7/1/22)
04/11/2022G Acts of Assembly Chapter text (CHAP0610)

Post a Public Comment About this Bill



if you have one


(Limited HTML is OK: <a>, <em>, <strong>, <s>)