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House passes correction to tenants’ right-of-first-refusal law; supporters say it fixes title risk, critics warn of costs
Summary
House Bill 872, described as correcting a drafting error about third‑party purchasers and tenant right-of-first-refusal, passed on third reading. Sponsors called it a typo fix to protect third‑party buyers; some members worried the change could increase closing costs or adversely affect tenants.
Annapolis, Feb. 24 — The House approved House Bill 872 on third reading, a bill described by sponsors as a correction to last year’s language on tenants’ right of first refusal that affects third‑party purchasers.
Supporters said the bill repairs an unintended consequence in last year’s statute that could cloud titles for new owners. “This is a pro third‑party purchaser bill that…
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