HOUSE BILL 985

Sponsored By:

Delegates McConkey and Sophocleus

Entitled:

Real Property - Foreclosure Sales - Bid Limitation for Secured Parties

Synopsis:

Prohibiting a secured party or the secured party's assignee or representative from submitting more than one bid at a foreclosure sale.

History by Legislative and Calendar Date

House Action

2/10

First Reading Environmental Matters

2/13

Hearing 3/8 at 1:00 p.m.

3/14

Unfavorable Report by Environmental Matters

Senate Action

No Action

Sponsored by:

Delegate Tony McConkey, District 33A

Delegate Theodore Sophocleus, District 32

Bill indexed under the following Subjects:

Foreclosure

Mortgages

Real Property

Security Interests -see also- Liens; Mechanics' Liens

Bill affects the following Statute:

Real Property

( 7-105.5 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

House

Environmental Matters