HB 5342: Relating to the cancellation of contract by purchaser

Summary

The purpose of this bill is to clarify how resales of real property units can be cancelled by purchasers in the event that a resale certificate is not provided, providing steps to be taken by a seller in the event that a resale certificate is unavailable, and providing a time period for cancellation when none is specified in the sales contract.

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Feb 9, 2026

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