| 1 | 1 | | |
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| 2 | 2 | | |
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| 3 | 3 | | EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. |
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| 4 | 4 | | [Brackets] indicate matter deleted from existing law. |
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| 5 | 5 | | *hb0606* |
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| 6 | 6 | | |
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| 7 | 7 | | HOUSE BILL 606 |
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| 8 | 8 | | N1 5lr1631 |
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| 9 | 9 | | CF SB 441 |
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| 10 | 10 | | By: Delegates Taylor, Holmes, Acevero, Addison, Alston, Amprey, Boafo, |
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| 11 | 11 | | Conaway, Crutchfield, Fennell, Harris, Lehman, Martinez, McCaskill, |
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| 12 | 12 | | Pena–Melnyk, Phillips, Roberson, Roberts, Ruff, Sample–Hughes, Simpson, |
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| 13 | 13 | | Taveras, Toles, Turner, Valderrama, Wells, White Holland, Wilkins, |
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| 14 | 14 | | Williams, Wims, and Woods |
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| 15 | 15 | | Introduced and read first time: January 23, 2025 |
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| 16 | 16 | | Assigned to: Environment and Transportation |
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| 17 | 17 | | |
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| 18 | 18 | | A BILL ENTITLED |
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| 19 | 19 | | |
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| 20 | 20 | | AN ACT concerning 1 |
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| 21 | 21 | | |
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| 22 | 22 | | Real Property – New Home Sales – Entry of Final Sale Price in Multiple Listing 2 |
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| 23 | 23 | | Service 3 |
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| 24 | 24 | | |
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| 25 | 25 | | FOR the purpose of requiring a developer, builder, broker, or real estate agent to enter the 4 |
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| 26 | 26 | | final sale price of a new home into a multiple listing service or similarly accessible 5 |
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| 27 | 27 | | database; and generally relating to the sale of new homes. 6 |
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| 28 | 28 | | |
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| 29 | 29 | | BY adding to 7 |
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| 30 | 30 | | Article – Real Property 8 |
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| 31 | 31 | | Section 10–804 9 |
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| 32 | 32 | | Annotated Code of Maryland 10 |
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| 33 | 33 | | (2023 Replacement Volume and 2024 Supplement) 11 |
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| 34 | 34 | | |
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| 35 | 35 | | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 12 |
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| 36 | 36 | | That the Laws of Maryland read as follows: 13 |
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| 37 | 37 | | |
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| 38 | 38 | | Article – Real Property 14 |
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| 39 | 39 | | |
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| 40 | 40 | | 10–804. 15 |
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| 41 | 41 | | |
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| 42 | 42 | | (A) IN THIS SECTION , “MULTIPLE LISTING SERV ICE” MEANS A DATABASE 16 |
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| 43 | 43 | | USED BY REAL ESTATE PROFESSIONALS TO FACILITATE THE SALE OF REAL 17 |
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| 44 | 44 | | PROPERTY, INCLUDING USE IN THE PREPARATION OF MARKET EVALUATIONS A ND 18 |
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| 45 | 45 | | APPRAISALS. 19 |
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| 46 | 46 | | 2 HOUSE BILL 606 |
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| 47 | 47 | | |
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| 48 | 48 | | |
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| 49 | 49 | | (B) WITHIN 30 DAYS AFTER THE SALE OF A NEW HO ME IN THE STATE, A 1 |
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| 50 | 50 | | DEVELOPER , BUILDER, BROKER, OR REAL ESTATE AGENT SHALL ENTER THE FINA L 2 |
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| 51 | 51 | | SALE PRICE OF THE NEW HOME INTO A MULTIPLE LIST ING SERVICE OR SIMILARLY 3 |
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| 52 | 52 | | ACCESSIBLE DATABASE. 4 |
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| 53 | 53 | | |
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| 54 | 54 | | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 5 |
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| 55 | 55 | | October 1, 2025. 6 |
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