Bill

Bill > HB850


MD HB850

MD HB850
Home Builders - Open House - Sales Representative Disclosure Requirements


summary

Introduced
02/04/2026
In Committee
03/10/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Requiring a home builder holding a property open to the public to display in a conspicuous manner a certain notice to prospective buyers disclosing the duties of a home builder sales representative.

AI Summary

This bill requires home builders who are holding a property open to the public to prominently display a notice for prospective buyers that clearly states the sales representative works for the home builder, meaning their primary duty of loyalty is to the builder, not the buyer, and that buyers have the right to obtain their own independent representation during the new home purchasing process. This notice must be in a clear, simple font with letters at least half an inch high and be fully visible, and it aims to inform potential buyers about the nature of their relationship with the builder's sales representative.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Favorable Report by Economic Matters (on 03/10/2026)

bill text


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