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Bill > HB367


MD HB367

MD HB367
Real Property - Regulation of Common Ownership Community Managers


summary

Introduced
01/13/2021
In Committee
02/17/2021
Crossed Over
02/16/2021
Passed
Dead
04/12/2021

Introduced Session

2021 Regular Session

Bill Summary

Creating the State Board of Common Ownership Community Managers in the Maryland Department of Labor to oversee the licensing of community managers who provide management services for common ownership communities; providing the purpose of the Board is to adopt rules of conduct for licensees, establish training programs for the issuing of certain licenses, and education for individuals who have been issued a certain license; requiring the Maryland Department of Labor to allocate up to $100,000 for the Board in fiscal year 2022; etc.

AI Summary

This bill creates the State Board of Common Ownership Community Managers in the Maryland Department of Labor to oversee the licensing of community managers who provide management services for common ownership communities. The Board will adopt rules of conduct for licensees, establish training and education programs, and maintain a public list of licensed managers. The bill sets forth the requirements for obtaining a license or limited license to provide management services, including passing an exam and meeting experience requirements. The bill also requires common ownership communities to register annually with the Board and imposes penalties for violating the licensing requirements.

Committee Categories

Justice, Transportation and Infrastructure

Sponsors (1)

Last Action

Hearing 3/17 at 12:30 p.m. (on 03/04/2021)

bill text


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