HB 627: Disclosure Requirements for Prospective Purchasers
GENERAL BILL by Buchanan ; (CO-INTRODUCERS) Lopez, V.
Disclosure Requirements for Prospective Purchasers; Requires prospective purchasers of parcel subject to association membership to be provided with certain documents, in addition to disclosure summary, before executing contract; authorizes prospective purchasers to cancel their contract within specified timeframe; specifies that 3-day cancellation period does not include Saturdays, Sundays, or legal holidays.
Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died in Regulatory Reform & Economic Development Subcommittee
Bill Text: PDF
Last Action: 3/8/2024 House - Died in Regulatory Reform & Economic Development Subcommittee
Bill Text: PDF
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Bill History
Date Chamber Action 11/21/2023 House • Filed
11/30/2023 House • Referred to Regulatory Reform & Economic Development Subcommittee
• Referred to Civil Justice Subcommittee
• Referred to Commerce Committee
• Now in Regulatory Reform & Economic Development Subcommittee
1/9/2024 House • 1st Reading (Original Filed Version)
3/8/2024 House • Died in Regulatory Reform & Economic Development Subcommittee
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HB 627, Original Filed Version (Current Bill Version) Posted 11/21/2023 at 10:10 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1234 Disclosure Requirements for Prospective Purchasers Rodriguez Identical Last Action: 3/8/2024 S Died in Regulated Industries 
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 720.401 Prospective purchasers subject to association membership requirement; disclosure required; covenants; assessments; contract cancellation. Page 1 (pdf)