2005 Regular Session

HOUSE BILL 1288

EMERGENCY BILL
File Code: Real Property Crossfiled with: SENATE BILL 761
Sponsored By:
Delegate Niemann
Entitled:
Real Property - Foreclosure - Protection of Homeowners

Synopsis:

Regulating foreclosure consultants, foreclosure purchasers, and foreclosure surplus purchasers; prohibiting specified practices; specifying the form and contents of specified contracts and documents; providing that a homeowner has the right to rescind specified contracts and documents within a specified time; providing penalties for violations of the Act; requiring a written notice of a foreclosure sale to contain a certain statement; etc.

History by Legislative Date

House Action
2/11
First Reading Environmental Matters & Economic Matters
Hearing 3/10 at 1:00 p.m. (Environmental Matters)
3/2
Hearing cancelled
Hearing 3/10 at 2:00 p.m. (Environmental Matters)
4/4

Favorable with Amendments Report by Environmental Matters
3/31
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/1
Third Reading Passed (130-0)
Senate Action
4/4
First Reading Senate Rules
4/8
Re-referred Judicial Proceedings
4/11
Favorable with Amendments Report by Judicial Proceedings
4/7
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/8
Third Reading Passed with Amendments (45-0)

Bill indexed under the following Subjects:

ATTORNEY GENERAL
CIVIL ACTIONS -see also- SMALL CLAIMS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
CRIMES AND PUNISHMENTS -see also- PENALTIES; SENTENCES; etc.
DAMAGES
DEEDS
DISCLOSURE
FORECLOSURE
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
MORTGAGES
NONPROFIT ORGANIZATIONS
NOTICES
PENALTIES
REAL PROPERTY
RECORDATION

Bill affects the following Statutes:

Commercial Law
( 13-204 , 13-204 )
Real Property
( 7-105 , 7-105 , 7-105 , 7-301 , 7-302 , 7-303 , 7-304 , 7-305 , 7-306 , 7-307 , 7-308 , 7-309 , 7-310 , 7-311 , 7-312 , 7-313 , 7-314 , 7-315 , 7-316 , 7-317 , 7-318 , 7-319 , 7-320 , 7-321 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
House
Number: 400918/01 (PDF)     Offered on: April 5, 2005   at: 10:38 a.m.     Status: Adopted
Senate
Number: 638874/01 (PDF)     Offered on: April 11, 2005   at: 1:13 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
April 1, 2005: Third Reading Passed (130-0)
Senate
April 8, 2005: Third Reading Passed (45-0)