Bill
Bill > SB332
summary
Introduced
01/23/2026
01/23/2026
In Committee
01/23/2026
01/23/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Increasing, from $10,000 to $25,000, the maximum amount of the council of unit owners' property insurance deductible for which a unit owner is responsible if the cause of damage to or destruction of any portion of the condominium originates from the unit owner's unit; and providing that a contract for the resale of a condominium unit by a unit owner other than the developer is not enforceable unless it contains a written notice of the unit owner's responsibility for the amount of the deductible where damage originates from the unit.
AI Summary
This bill increases the maximum amount a unit owner is responsible for regarding the condominium association's property insurance deductible, from $10,000 to $25,000, if damage to the condominium originates from that unit owner's unit. The council of unit owners, which is the governing body of a condominium, is responsible for maintaining property insurance. The bill also mandates that any contract for the resale of a condominium unit by an owner other than the developer must include a written notice informing the buyer of the unit owner's responsibility for this deductible amount when damage originates from their unit. This change aims to clarify and potentially increase the financial responsibility of individual unit owners for damages they cause.
Committee Categories
Justice
Sponsors (1)
Last Action
Senate Judicial Proceedings Hearing (14:00:00 2/3/2026 ) (on 02/03/2026)
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/SB0332?ys=2026RS |
| BillText | https://mgaleg.maryland.gov/2026RS/bills/sb/sb0332f.pdf |
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