Southern Maryland Association Of Realtors

Legislative Update Articles



19 Articles Found. Now showing Articles 1 - 19

January/23/2012
Legislative Luncheon February 6, 2012
Come out and meet Maryland Lt. Governor Anthony Brown and your State Legislators!! Cost: $20.00 per person 11:30 a.m. to 1:30 p.m. Monday, February 6, 2012
November/21/2011
MD Court of Appeals Ruling on Lead Paint Liability
On October 24, 2011, in the case of Jackson v. Dackman Co. et al. (Md. App., 2011), the Court of Appeals of Maryland held that the immunity provisions of the Reduction of Lead Risk in Housing Act ("the Act"), which provide compliant landlords with qualified immunity from tort liability under...
November/18/2011
FHA Loan Limits Restored
Last night Congress voted to restore FHA Loan Limits. The bill is off to President Obama for signature. Way to go REALTOR Party!!!
November/10/2011
Proposed Charlse County Rental Housing Tax Removed
A proposal to give the Charles County Commissioners the authority to enact a rental housing tax was removed from the County's proposed 2012 legislative package during last night's public hearing.
September/21/2011
URGENT! YOUR ATTENTION IS REQUIRED--Return of Earnest Money Deposit Law is Changing
URGENT: IMMEDIATE ATTENTION REQUIRED A message from Alvin C. Monshower, Jr., SMAR Legal Counsel RE: House Bill 1109 - Return of Earnest Money Deposit
August/3/2011
Does the Debt Ceiling Affect Real Estate?
As you know, yesterday President Obama signed into law, S. 365, the Budget Control Act of 2011, more commonly known as the Debt Ceiling Bill. After careful analysis of the bill NAR staff can report that it contains NO DIRECT IMPACT ON REAL ESTATE TAX RULES OR SPENDING PROVISIONS...
July/15/2011
A Victory on MARS
For several months NAR has been working with the Federal Trade Commission to minimize the potential impact on real estate professionals who assist financially distressed clients who obtain short sales. Today the FTC announced that it will not enforce provisions of the rule against real estate..
July/13/2011
Flood Insurance Extension Passed
July 13, 2011 To all SMAR Members: Last night, July 12, the House passed the 5 year Flood Insurance extension bill (HR1309). This bill will now move on to the Senate. Thanks to all SMAR members who responded to the Call For Action!
March/18/2011
NAR Guidance on MARS
On February 23, 2011, NAR's Legal Affairs group released guidance and sample disclosure forms for members who negotiate short sales and may be subject to the Federal Trade Commission's (FTC) Mortgage Assistance Relief Services (MARS) rule that took full effect on January 31, 2011.
January/22/2011
Charles County Seeks REALTOR Input
SMAR is hosting one of the public information meetings presented by the Charles County Department of Planning and Growth Management regarding the development of a Priority Preservation Areas Element of the County's Comprehensive Plan on Thursday, January 27, 2011 at 8:30 a.m. at SMAR...
October/26/2010
USDA Section 502 Update
In spite of the Congressional approval of a Continuing Resolution in late September that specifically mentions funding for the USDA Section 502 rural housing program, the USDA announced on October 1 that it would no longer fund the program.
September/16/2010
New Rules Regarding Teams and Groups - Effective October 1, 2010
Enclosed is an article prepared by SMAR's general legal counsel Alvin C. Monshower, Jr., which thoroughly discusses the provisions of House Bill 406, which takes effect on October 1, 2010.
July/16/2010
Charles and St Mary's Sign Ordinance Updates
The Board of Commissioners for St. Mary's County approved a one-year extension of the provision to permit one (1) off-site directional real estate sign for the sale of residential property. The Board of Commissioners for Charles County approved a comprehensive revision...
July/16/2010
Wayne Cooper Resigns
We have just received confirmation that today at 4:30 p.m. Commissioner President Wayne Cooper will resign from office.
June/1/2010
FHA Mortgages Will Soon Allow Fewer Seller Concessions
One of the key attractions of FHA home mortgage financing is going, going - but not quite gone. Sellers and buyers who move fast can still make the most of it. Sometime this summer, the Federal Housing Administration plans to slash maximum "seller concessions" from 6 % of the home price to 3%...
April/20/2010
2010 General Assembly Legislative Highlights
A summary of Legislative issues affecting real estate that were addressed by the Maryland General Assembly for 2010.
January/28/2010
Meet Your Legislators!
Come out and meet your legislators! The Legislative Committee of the Southern Maryland Association of REALTORS® annually sponsors the Legislative Luncheon to give members the opportunity to meet with their State elected officials to discuss proposed legislation affecting the real estate.
November/24/2009
New Sign Regs in PG County
New sign regs in Prince Georges County affect both residential and commercial real estate.
October/8/2009
Al Monshower Memo concerning changes to the law covering disclosure of conservation easements
During the 07 Session of the Maryland General Assembly, the Legislature enacted a requirement that properties affected by one or more conservation easements or other restrictions limiting or affecting use of the property be fully disclosed to a prospective purchaser of the property. This has changed
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