SB463 - Relating To Property Development.

3 Co-Sponsors

Requires each county to adopt, no later than 6/30/2024, ordinances applicable to subdivisions not approved by 7/1/2024, requiring as a condition of approval, the subdivider or developer to obtain a street address and install a mailbox for lots, parcels, structures, or units of a structure within certain subdivisions before the sale or lease thereof. Requires condominium maps recorded in the Bureau of Conveyances or registered in the Land Court after 6/30/2024, to include a mailbox plan for the condominium property regime, showing the location of all mailboxes for all units in the regime. Requires, prior to the sale of residential real property, the disclosure as to the existence of a United States Postal Service deliverable mailbox for the property. Effective 7/1/2050. (HD1)