New Laws Taking Effect in October
A number of new real estate laws take effect October 1st. Click below for a summary of these new laws, including changes that impact: agency disclosure; the disclosure of private water and sewer fees; and HOA/Condo Fees.
Lead Paint Laws Studied by General Assembly
The Maryland General Assembly reviewed a number of bills from the last legislative session that would have changed the lead paint law in Maryland. The Maryland Association of REALTORS® (MAR) presented testimony at the briefing along with a number of other groups.
Foreclosure Study by General Assembly
The Maryland General Assembly held an interim study on foreclosure issues, including expediting foreclosures of abandoned and vacant property.
Governor Announces Plan to Roll Back Septic Rule
UPDATED (083016) - Governor Hogan announced plans to roll back regulations that require best available technology (BAT) septic systems for most new homes in Maryland.
Update Your Email for $100 Gift Card Chance*
August is Data Hygiene Month and YOU
can't get the scoop if you're not in the loop! It could be that your email/personal data hasn’t been updated recently and you very well may be missing important, critical information. Please verify your email information in the REALTOR database and be entered into a drawing for one of three $100 gift cards!* Just follow the outlined simple steps. Remember,
MRIS emails terminate in October 2016.
Win for Condo Financing and Rural Housing Loans
On July 29th, the President signed H.R. 3700, the Housing Opportunity through Modernization Act, into law. Among other provisions, the law will help improve condo financing and the processing of rural housing loans.
Thank You Maryland REALTORS Who Responded!
Due to the overwhelming response from REALTORS across the country contacting their Senators, we are excited to report that H.R. 3700 passed the U.S. Senate on July 14, 2016! Thank you for your support on this important legislative issue! Read more about this victory: NAR-Backed Condo Legislation Passes U.S. Senate, Offers Relief for Homebuyers
Governor Signs MAR Bills
Governor Larry Hogan signed a number of MAR requested bills into law. The bills all take effect October 1, 2016.
Texting, texting - 1, 2, 3
Have you text the word 'REALTOR' to 30644 yet (not case sensitive)? If not, please do. MAR is trying to increase our text membership participation for Calls for Action via mobile alerts, making it easier for you to advocate/respond.
Water and Sewer Fee Disclosure
The Maryland General Assembly passed a key MAR bill, SB 815/HB 989, which will require sellers to disclose private water and sewer fees. The Governor must still sign the bill before it becomes law.