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Session Laws, 1973
Volume 709, Page 1617   View pdf image
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Ch. 782                          MARVIN MANDEL, Governor                              1617

THE PROPERTY AT ONE-FOURTH THE CURRENT ANNUAL TAX
RATE FOR THE [[CHARTER COUNTY]] COUNTY OR BALTIMORE
CITY OR ANY INCORPORATED CITY OR TOWN, AS THE CASE MAY
BE, AND TAXES IMPOSED FOR THESE THREE MONTHS SHALL BE
DUE AND PAYABLE AS OF THE SPECIFIED DAY OF APRIL 1, OR AS
OF THE DAY A TAX BILL THEREFOR WAS OR REASONABLY
SHOULD HAVE BEEN RECEIVED OR AVAILABLE, WHICHEVER IS
THE LATER DATE. NO INTEREST OR PENALTIES MAY BE CHARGED
OR COLLECTED ON ANY TAXES COVERED BY THIS SUBSECTION
UNTIL AT LEAST 30 DAYS AFTER THE BILL FOR THE TAXES HAS
BEEN MAILED OR MADE AVAILABLE. FROM AND AFTER JULY 1,
ALL SUCH ORDINARY [[CHARTER COUNTY, CITY OR TOWN
TAXES,]] TAXES OF ANY COUNTY OR BALTIMORE CITY, OR
INCORPORATED CITY OR TOWN, AS THE CASE MAY BE, PROVIDED
FOR UNDER THIS SUBSECTION SHALL BE OVERDUE AND IN
ARREARS, AND THEY SHALL BEAR INTEREST AT THE RATE [[OF]]
[(ONE-HALF OF ONE PERCENT (1/2%)]] [[TWO THIRDS OF ONE
PERCENT (2/3%)]] FIXED BY THE GOVERNING BODY OF THE
SUBDIVISION FOR EACH MONTH OR FRACTION THEREOF UNTIL
PAID. [[CHARTER COUNTIES,]] ANY COUNTY OR BALTIMORE
CITY, AND ANY CITY OR TOWN, MAY PROVIDE FOR COLLECTION
OF A PENALTY FOR FAILURE TO MAKE PAYMENT ON OR BEFORE
JULY 1 OR ON OR BEFORE THIRTY DAYS AFTER THE BILL FOR THE
TAXES HAS BEEN MAILED OR MADE AVAILABLE, WHICHEVER IS
THE LATER DATE; BUT SUCH PENALTY MUST HAVE BEEN FIXED
PRIOR TO APRIL 1 BY ENACTMENT OF THE GOVERNING BODY
CONCERNED.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.

Approved May 24, 1973.

CHAPTER 783
(House Bill 499)

AN ACT to add new Section 227C to Article 56 of the Annotated Code of
Maryland (1972 Replacement Volume and 1972 Supplement), title "Licenses,"
subtitle "Real Estate Brokers," to follow immediately after Section 227B
thereof, making it unlawful, [[with certain exceptions, ]] for a real estate broker
[[or]], real estate salesman or lawyer acting as a. broker to require as a
condition of settlement that a buyer of [[individual homes]] single family
dwellings employ a particular title insurance, settlement, or escrow company or
title attorney; providing a free choice for the buyer be offered in the real estate
contract; providing a penalty; and generally relating thereto.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That new Section 227C be and it is hereby added to Article 56 of
the Annotated Code of Maryland (1972 Replacement Volume and 1972
Supplement), title "Licenses," subtitle "Real Estate Brokers," to follow
immediately after Section 227B thereof, and to read as follows:

 

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Session Laws, 1973
Volume 709, Page 1617   View pdf image
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