EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.
* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*
CITY OF BALTIMORE
COUNCIL BILL
Introduced by: Councilmember Holton
A BILL ENTITLED
AN ORDINANCE concerning
title
Tax Credits - Information to Owners of Residential Property
FOR the purpose of requiring the Department of Finance to compile and post on its website certain tax credit information; requiring the seller of residential real property to provide a copy of that information to the buyer; imposing penalties for a seller who fails to comply; defining certain terms; and generally relating to providing tax credit information to owners of residential real property.
body
BY adding
Article 2 - Consumer Protections
Section(s) 14-1(e) and 14-7
Baltimore City Code
(Edition 2000)
BY repealing and reordaining, with amendments
Article 2 - Consumer Protections
Section(s) 14-5
Baltimore City Code
(Edition 2000)
SECTION 1. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF BALTIMORE, That the Laws of Baltimore City read as follows:
Baltimore City Code
Article 2. Consumer Protections
SUBTITLE 14. REAL ESTATE PRACTICES – DISCLOSURES
§ 14-1. Definitions.
(E) SELLER.
“SELLER” MEANS:
(1) THE OWNER OF REAL PROPERTY BEING OFFERED FOR SALE; OR
(2) A REAL ESTATE AGENT, ATTORNEY, LENDER, OR OTHER PERSON ACTING ON BEHALF OF THE OWNER OF THE PROPERTY BEING OFFERED FOR SALE.
§ 145. Property tax.
[(a) “Seller” defined.
In this section, “selle...
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