Posted May 30, 2013

A bill to license and regulate property managers that had passed in the Maryland House of Delegates died in committee in the Maryland Senate. By a vote of 103 – 35, the House had passed HB 576, which would establish a new regulatory agency for the licensing of community managers of condominiums, cooperative housing corporations, and homeowners associations. However, a cross-filed bill in the Senate never made it out of committee.

The legislation proposed the creation of a nine-member “State Board of Common Ownership Community Managers” in the Maryland Department of Labor, Licensing and Regulation.  A license from the Board would be required in order to provide property management services to a common ownership community.  Applicants would be required to complete a training program and pass an examination.  Licenses would be renewable every two years.  The Board would have the power to deny, suspend or revoke licenses for various wrongful acts, and impose monetary penalties for misconduct.   Read More……