Legislation
- Title
- Residential Property - Vacant and Abandoned Property - Expedited Foreclosure
- Sponsored by
- Delegates Holmes, Parrott, Angel, Proctor, Anderton, Barve, Beidle, Cassilly, Clark, Flanagan, Folden, Fraser-Hidalgo, Frush, Healey, Jalisi, Lafferty, McCray, McMillan, Robinson, Stein, and Wivell
- Status
- Veto sustained (0-140)
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Authorizing a secured party to petition a circuit court for leave to immediately commence an action to foreclose a mortgage or deed of trust on residential property if the property is vacant and abandoned under specified circumstances; requiring a secured party to send a copy of a specified petition to specified persons under specified circumstances; requiring a court to rule on a specified petition promptly after the petition is filed; applying the Act prospectively; etc.
Committees
- Opposite:
- Judicial Proceedings
Details
History
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File Code
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Subjects
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Statutes
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(
7-105.1, 7-105.14 )
Last Updated: 2/3/2020 2:30 PM