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2022 SESSION

• | print version

SB 311 Real property; duty to disclose ownership interest and lis pendens.

Introduced by: Adam P. Ebbin | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

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 HB 281.

FULL TEXT

• 01/11/22  Senate: Prefiled and ordered printed; offered 01/12/22 22103554D  pdf | impact statement
• 02/09/22  Senate: Committee substitute printed 22104860D-S1  pdf | impact statement
• 03/04/22  Senate: Bill text as passed Senate and House (SB311ER)  pdf | impact statement

AMENDMENTS

• Senate committee, floor amendments and substitutes offered
• Governor's veto explanation

HISTORY

• 01/11/22  Senate: Prefiled and ordered printed; offered 01/12/22 22103554D
• 01/11/22  Senate: Referred to Committee on Commerce and Labor
• 01/24/22  Senate: Rereferred from Commerce and Labor (15-Y 0-N)
• 01/24/22  Senate: Rereferred to Judiciary
• 02/09/22  Senate: Reported from Judiciary with substitute (14-Y 0-N)
• 02/09/22  Senate: Committee substitute printed 22104860D-S1
• 02/10/22  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/11/22  Senate: Read second time
• 02/11/22  Senate: Reading of substitute waived
• 02/11/22  Senate: Committee substitute agreed to 22104860D-S1
• 02/11/22  Senate: Engrossed by Senate - committee substitute SB311S1
• 02/11/22  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/11/22  Senate: Passed Senate (40-Y 0-N)
• 02/21/22  House: Placed on Calendar
• 02/21/22  House: Read first time
• 02/21/22  House: Referred to Committee on Commerce and Energy
• 02/24/22  House: Reported from Commerce and Energy (22-Y 0-N)
• 02/28/22  House: Read second time
• 03/01/22  House: Read third time
• 03/01/22  House: Passed House BLOCK VOTE (100-Y 0-N)
• 03/01/22  House: VOTE: Block Vote Passage (100-Y 0-N)
• 03/04/22  Senate: Enrolled
• 03/04/22  Senate: Bill text as passed Senate and House (SB311ER)
• 03/04/22  Senate: Signed by President
• 03/04/22  House: Signed by Speaker
• 03/11/22  Senate: Enrolled Bill Communicated to Governor on March 11, 2022
• 03/11/22  Governor: Governor's Action Deadline 11:59 p.m., April 11, 2022
• 04/11/22  Governor: Vetoed by Governor
• 04/27/22  Senate: Motion to pass in enrolled form rejected (24-Y 16-N)
• 04/27/22  Senate: Motion to reconsider vote to pass in enrolled form agreed to (40-Y 0-N)
• 04/27/22  Senate: Motion to pass in enrolled form rejected (22-Y 18-N)
• 04/27/22  Senate: Requires 2/3 affirmative votes to pass in enrolled form
• 04/27/22  Senate: Senate sustained Governor's veto