summary
Introduced
02/07/2025
02/07/2025
In Committee
02/07/2025
02/07/2025
Crossed Over
Passed
Dead
04/08/2025
04/08/2025
Introduced Session
2025 Regular Session
Bill Summary
Requiring a party to a partition action to timely notify the court of the type and amount of each outstanding lien on the property if the plaintiff does not procure a title report; and altering the calculation of the purchase price for the interest of a cotenant by subtracting the amount of outstanding liens owed on the property from the value of the entire parcel.
AI Summary
This bill modifies Maryland's real property partition law by introducing new requirements for handling property liens during partition actions. In a partition action (a legal process where co-owners of a property can force a sale or division of the property), if the plaintiff does not procure a comprehensive title report, each party will now be required to notify the court about any outstanding liens on the property, including mortgages, deeds of trust, tax liens, and judgment liens, and provide supporting documentation for each lien. Additionally, the bill changes how the purchase price is calculated when a co-tenant wants to buy out other co-tenants' interests during a partition sale. Instead of simply multiplying the property's total value by a co-tenant's fractional ownership, the bill requires subtracting the total amount of outstanding liens from the property's value before calculating each co-tenant's buyout price. The bill will apply only to partition actions filed on or after October 1, 2025, and will not retroactively affect previously filed cases, ensuring a clear and prospective implementation of these new legal provisions.
Committee Categories
Transportation and Infrastructure
Sponsors (5)
Last Action
House Environment and Transportation Hearing (13:00:00 3/4/2025 ) (on 03/04/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1312?ys=2025RS |
| BillText | https://mgaleg.maryland.gov/2025RS/bills/hb/hb1312f.pdf |
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