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