Loading chat...

DE HB320

Bill

Official Source

Status

Passed

6/10/2010

Primary Sponsor

William Carson

Click for details

Origin

House of Representatives

145th General Assembly

AI Summary

  • Requires sellers of new homes to deliver to buyers, before or when the sales contract is delivered, copies of all chain of title documents that create financial obligations for the buyer.

  • Requires sellers to provide a written summary of all financial obligations created by documents in the chain of title.

  • Requires sellers to obtain written acknowledgement from buyers confirming they received the required documents.

  • Establishes that violations of this disclosure requirement are enforceable as violations of consumer law under Chapter 25 of Title 6.

Legislative Description

An Act To Amend Title 25 Of The Delaware Code Relating To Titles And Conveyances.

Last Action

Signed by Governor

6/10/2010

Committee Referrals

Community/County Affairs5/4/2010
Housing & Community Affairs1/28/2010

Full Bill Text

No bill text available