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Legislation


2011 Regular Session

SENATE BILL 450

File Code: Real Property Crossfiled with: HOUSE BILL 412
Sponsored By:
Senator Frosh
Entitled:
Real Property - Residential Property Foreclosure Procedures - Lost Note Affidavit

Synopsis:

Prohibiting a court, in an action to foreclose a mortgage or deed of trust on residential property, from accepting a lost note affidavit in lieu of a copy of the debt instrument unless the affidavit contains specified information; and applying the Act prospectively.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/4
First Reading Judicial Proceedings
Hearing 2/16 at 1:00 p.m.
3/7

Favorable with Amendments Report by Judicial Proceedings
3/8
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/10
Third Reading Passed (45-0)
4/5
Returned Passed
House Action
3/11
First Reading Environmental Matters
3/22
Hearing 3/31 at 1:00 p.m.
3/29
Hearing cancelled
Hearing 3/31 at 1:30 p.m.
4/7
Favorable Report by Environmental Matters
4/3
Favorable Report Adopted
Second Reading Passed
4/4
Third Reading Passed (138-0)
Action after passage in Senate and House
5/19
Approved by the Governor
- Chapter 477

Bill indexed under the following Subjects:

Courts -see also- Circuit; Appeals; District; Orphans'; etc.
Foreclosure
Mortgages
Records -see also- Land Records; Vital Records

Bill affects the following Statutes:

Real Property
( 7-105.1 , 7-105.1 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
Senate
Number: 128072/01     Offered on: March 8, 2011   at: 10:53 a.m.     Status: Adopted
Committee Votes :
Senate
Judicial Proceedings
House
Environmental Matters
Roll Call Votes (Legislative dates are shown):
Senate
March 10, 2011: Third Reading Passed (45-0)
House
April 4, 2011: Third Reading Passed (138-0)
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