2010 Regular Session

HOUSE BILL 633

CHAPTER NUMBER: 323
File Code: Real Property Crossfiled with: SENATE BILL 562
Sponsored By:
Delegates Niemann, Beidle, Holmes, and McConkey
Entitled:
Real Property - Mortgages and Deeds of Trust - Authority to Exercise a Power of Sale

Synopsis:

Providing that failure to name any trustee in a deed of trust does not have any effect on an instrument under specified circumstances; clarifying that a mortgage or deed of trust may authorize the sale of property or declare a borrower's assent to the passing of a decree for the sale of the property under specified circumstances; clarifying that a power of sale or assent to decree may be exercised only by an individual; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/3
First Reading Environmental Matters
2/10
Hearing 2/25 at 1:00 p.m.
3/15
Favorable with Amendments Report by Environmental Matters
3/16
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/18
Third Reading Passed (135-1)
3/30
Returned Passed
Senate Action
3/19
First Reading Judicial Proceedings
4/2
Favorable Report by Judicial Proceedings
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (47-0)
Action after passage in House and Senate
5/4
Approved by the Governor
- Chapter 323

Sponsored by:

Delegate Doyle L. Niemann, District 47
Delegate Pamela Beidle, District 32
Delegate Marvin E. Holmes, Jr., District 23B
Delegate Tony McConkey, District 33A

Bill indexed under the following Subjects:

Deeds
Foreclosure
Mortgages
Real Property

Bill affects the following Statutes:

Real Property
( 4-109 , 7-105 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
House
Number: 180516/01     Offered on: March 16, 2010   at: 10:29 a.m.     Status: Adopted
Committee Votes :
House
Environmental Matters
Senate
Judicial Proceedings
Roll Call Votes (Legislative dates are shown):
House
March 18, 2010: Third Reading Passed (135-1)
Senate
April 1, 2010: Third Reading Passed (47-0)