Residential Property - Service Agreement - Defunct Service Providers

Summary

The law invalidates any residential property service agreement signed before June 1 2023 if the provider is considered defunct and not in good standing with the State Department of Assessments and Taxation after June 1 2026. Such agreements may not last more than two years, may not attach to the land, create a lien, or be transferred without the homeowner’s consent. Homeowners can sue to have the agreement declared void and recover damages and attorney fees.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share