HOUSE BILL 1308

File Code: Real Property

Sponsored By:

Delegate Feldman

Entitled:

Real Property - Mortgage or Deed of Trust - Release by Title Insurance Professional

Synopsis:

Authorizing a title insurance professional to release a mortgage or deed of trust by following specified procedures; requiring a title insurance professional to pay the obligation secured by the mortgage or deed of trust in accordance with a specified payoff statement; requiring the title insurance professional to deliver specified documents to the secured party; authorizing a title insurance professional to file a certificate of satisfaction under specified circumstances; etc.

History by Legislative and Calendar Date

House Action

2/26

First Reading House Rules and Executive Nominations

3/14

Re-referred Environmental Matters

3/16

Hearing 3/23 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins

Liability -see also- Good Samaritan

Mortgages

Notices

Real Property

Recordation

Titles

Bill affects the following Statutes:

Real Property

( 3-105.2 , 4-205 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered