2008 Regular Session

HOUSE BILL 59

File Code: Real Property
Sponsored By:
Delegate Barnes
Entitled:
Real Property - Foreclosure Consultants - Duty to Homeowner - Value of Residence in Foreclosure

Synopsis:

Altering the contents of a foreclosure consulting contract to include a statement regarding the duty of a foreclosure consultant to provide a homeowner with research regarding the value of a homeowner's residence in foreclosure; and imposing a duty on a foreclosure consultant to provide a homeowner with written copies of any research the foreclosure consultant has regarding the value of the homeowner's residence in foreclosure.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
11/5
Pre-filed
1/9
First Reading Environmental Matters
1/30
Hearing 2/21 at 1:00 p.m.
1/31
Hearing cancelled
Hearing 2/21 at 3:00 p.m.
2/6
Hearing cancelled
Hearing 2/22 at 1:00 p.m.
3/17
Unfavorable Report by Environmental Matters
Senate Action
No Action

Bill indexed under the following Subjects:

Consumer Protection -see also- Unfair Trade Practices
Contracts -see also- Land Installment Contracts; Procurement
Disclosure
Foreclosure
Real Property

Bill affects the following Statutes:

Real Property
( 7-306 , 7-308 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered