Loading chat...
MD HB1439
Bill
Status
2/13/2026
Primary Sponsor
Teresa Reilly
Click for details
AI Summary
-
Requires parties in partition actions to notify the court of all outstanding liens (mortgages, deeds of trust, tax liens, judgment liens) with supporting documentation when no title report is required
-
Changes the purchase price calculation for a cotenant's interest to equal the property value minus total outstanding liens, multiplied by the cotenant's fractional ownership share
-
Authorizes courts to adjust the purchase price when a cotenant has paid necessary costs (property taxes, insurance, maintenance) or earned income (rental) from the property without equitable distribution to other cotenants
-
Requires courts to notify all cotenants of any adjusted purchase price and hold a hearing upon request to allow presentation of additional evidence
-
Takes effect October 1, 2026 and applies only to partition actions filed on or after that date
Legislative Description
Real Property - Partition of Property - Liens and Purchase Price Adjustments
Notices
Last Action
Hearing 3/12 at 1:00 p.m.
2/17/2026