2005 Regular Session

SENATE BILL 761

CHAPTER NUMBER: 509
EMERGENCY BILL
File Code: Real Property Crossfiled with: HOUSE BILL 1288
Sponsored By:
Senator Frosh
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 specified statement; etc.

History by Legislative Date

Senate Action
2/4
First Reading Judicial Proceedings
2/16
Hearing 3/2 at 1:00 p.m.
3/21

Favorable with Amendments Report by Judicial Proceedings
3/20
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (47-0)
4/7
Senate Refuses to Concur - House Amendments
Senate Requests House Recede
Conference Committee Appointed ...
Senators Frosh, Green, and Stone
4/9
Conference Committee Report Adopted
Third Reading Passed (36-0)
Passed Enrolled
House Action
3/23
First Reading Environmental Matters & Economic Matters
3/28
Hearing 4/1 at 1:00 p.m.
4/8
Favorable with Amendments Report by Environmental Matters
4/3
Favorable with Amendments Report Adopted
Floor Amendment (Delegate McIntosh) Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed with Amendments (134-0)
4/8
House Refuses to Recede
Conference Committee Appointed ...
Delegates Bobo, Moe, and Sossi
4/9
Conference Committee Report Adopted
Third Reading Passed (134-0)
Action after passage in Senate and House
5/26
Signed by the Governor Chapter 509

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 , 7-301 , 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):
Senate
Number: 628074/03 (PDF)     Offered on: March 22, 2005   at: 11:34 a.m.     Status: Adopted
House
Number: 353321/01 (PDF)     Offered on: April 8, 2005   at: 11:58 a.m.     Status: Adopted
Number: 680716/01 (PDF)     Offered on: April 8, 2005   at: 11:58 a.m.     Status: Adopted
Conference Committee Documents (Displayed in WordPerfect 8 Format):
Report Number: 383828/1 (PDF)     Offered on: April 11, 2005   at: 11:36 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 22, 2005: Third Reading Passed (47-0)
April 9, 2005: Third Reading Passed (36-0)
House
April 4, 2005: Third Reading Passed (134-0)
April 9, 2005: Third Reading Passed (134-0)