PLAT ACT-SELL BEFOR COMPLIANCE
Synopsis of Bill as introduced:
Amends the Plat Act. Removes offers of sale from provisions
concerning the penalty for selling a lot before compliance with the
requirements of the Act. Provides that these provisions do not
prohibit an offer of sale or acceptance of deposit by a seller prior
to compliance, provided that compliance must occur before conveyance
of any deed. Effective immediately.
STATE MANDATES FISCAL NOTE (DCCA)
SB 385 fails to preempt home rule authority.
Last action on Bill: PUBLIC ACT.............................. 90-0308
Last action date: 97-08-01
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status