MARYLAND HOA COVENENT CHANGES UPDATE

Chapter 566 specifies the information that must be included in the new document and which parties must be indexed in the land records. It provides that if a restriction has been recorded in the land records, a notice of the restriction may be recorded to give notice of the original restriction. So if a restriction was recorded more than 60 years ago, a purchaser or lienor may not become aware of it because the title search report may not go back in time far enough to disclose it.Ĭhapter 566 was drafted to fix this problem.

Second, when title examiners search the title to a piece of real property, they generally look back 60 years. First, easements, covenants, restrictions, and conditions (collectively, restrictions) in Maryland may last indefinitely. Two points caused the need for Chapter 566. Real Property - Notice of Easements, Covenants, Restrictions, and Conditions - Recordation

MARYLAND HOA COVENENT CHANGES UPDATE

Maryland Real Property Laws Update RECORDATION OF INSTRUMENTS If you are interested in legislation affecting financial service providers, please see Maryland Laws Update 2020 published by Gordon Feinblatt’s Financial Services Group. If you would like to discuss these new laws or find out how they will affect you, please contact any of the lawyers in Gordon Feinblatt’s Real Estate Practice Group:

CONDOMINIUMS AND HOMEOWNERS ASSOCIATIONS.

The full text of each of the bills referred to below as well as the other bills signed into law or that were introduced this year can be found on the Maryland General Assembly’s website. Nevertheless, the General Assembly passed 667 bills before it adjourned on March 18, 2020.īelow are summaries of laws affecting real property passed by the Maryland General Assembly in 2020.

Relating to Real Estate - Maryland Real Property Laws Update 2020ĬOVID-19 caused the Maryland General Assembly to abbreviate its 2020 Legislative Session after only 71 days, instead of the usual 90.

Maryland hoa covenent changes