File Code: Real Property
Crossfiled with: HOUSE BILL 632
- Sponsored By:
-
Senator Dorman
- Entitled:
-
Real Property - Recordation - Releases of Mortgages and Deeds of
Trust
Requiring the holder of a mortgage or deed of trust secured by a
borrower's principal dwelling to release the mortgage or deed of trust
within a reasonable time after the loan is paid in full; requiring the
holder or another responsible person to record the release or furnish
the borrower with the release in a recordable form and a notice
disclosing where it should be recorded; authorizing the holder to
collect a fee for recording the release; etc.
Senate Action
- 2/2
- First Reading Judicial Proceedings
- 2/7
- Hearing 2/14 at 1:00 p.m.
- 3/13
- Favorable with Amendments Report by Judicial Proceedings
- 3/14
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/16
- Third Reading Passed (44-0)
- 4/2
- Senate Refuses to Concur - House Amendments
- Senate Requests House Recede
- Conference Committee Appointed ...
- Senators Haines, Green, and Jimeno
- 4/7
- Returned Passed
- 5/17
- Governor vetoed - Cross-filed bill was signed
House Action
- 3/16
- First Reading Economic Matters
- 3/21
- Hearing 3/28 at 1:00 p.m.
- 4/3
- Favorable with Amendments Report by Economic Matters
- 3/29
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/30
- Third Reading Passed with Amendments (132-0)
- 4/2
- Motion Recede (Delegate Busch) Adopted
- House Recede
- Third Reading Passed (139-0)
- Bill indexed under the following Subjects:
- DISCLOSURE
- FEES -see also- DEVELOPMENT FEES AND TAXES
- MORTGAGES
- NOTICES
- RECORDATION
- Bill affects the following Statutes:
- Commercial Law
- (
12-924 ,
12-1024
)
- Real Property
- (
3-105.1
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 368574/1 (PDF) Offered on: March 14, 2001 at:
11:27 a.m. Status: Adopted
- House
- Number: 443190/1 (PDF) Offered on: April 3, 2001 at:
10:50 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 16, 2001: Third Reading Passed (44-0)
- House
- March 30, 2001: Third Reading Passed (132-0)
- April 2, 2001: Third Reading Passed (139-0)