SENATE BILL 830

Sponsored By:

Senator Ramirez

Entitled:

Real Property - Condominiums and Homeowners Associations - Abandoned Property

Synopsis:

Authorizing the governing body of a condominium or homeowners association to send a mortgagee a specified notice that the property subject to the mortgage in the condominium or homeowners association has been deemed abandoned; providing that within a specified time period specified amounts owed to the governing body in connection with the abandoned property shall have first lien priority; etc.

History by Legislative and Calendar Date

Senate Action

2/3

First Reading Judicial Proceedings

2/8

Hearing 3/14 at 1:00 p.m.

3/22

Unfavorable Report by Judicial Proceedings Withdrawn

House Action

No Action

Bill indexed under the following Subjects:

Abandoned Property

Assessments

Condominiums

Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.

Fines -see also- Penalties and Sentences

Homeowners Associations

Liens -see also- Mechanics' Liens

Mortgages

Notices

Bill affects the following Statutes:

Real Property

( 11-110.1 , 11B-117.1 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

Senate

Judicial Proceedings