2001 Regular Session

HOUSE BILL 925

File Code: Real Property
Sponsored By:
Delegate Krysiak
Entitled:
Real Property - Release of Mortgages and Deeds of Trust

Synopsis:

Authorizing a clerk to accept for recording a specified certificate of satisfaction from an attorney or licensed title insurance agent in order to release a mortgage or deed of trust; requiring the attorney or licensed title insurance agent who satisfies the debt to allow for a 60-day waiting period for the party satisfied to provide a release for recording; requiring the attorney or licensed title insurance agent to send the party satisfied a specified notice within a specified period of time; etc.

History by Legislative Date

House Action
2/9
First Reading Economic Matters
2/14
Hearing 3/1 at 1:00 p.m.
3/22
Unfavorable Report by Economic Matters
Senate Action
No Action
Bill indexed under the following Subjects:
AGENTS AND BROKERS
ATTORNEYS
CLERKS OF COURT
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
LAND RECORDS -see also- DEEDS
MORTGAGES
NOTICES
RECORDATION
TITLES
Bill affects the following Statutes:
Real Property
( 3-105 , 3-105 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered