Legislation

Title: Foreclosure - Indorsement of Debt Instrument, Lost Note Affidavit, and Penalties for False Statements
Sponsored by: Delegate B. Robinson
Status: In the House - First Reading House Rules and Executive Nominations
Analysis: Fiscal and Policy Note

Synopsis

Altering the requirements for the debt instrument required to be filed with an order to docket or complaint to foreclose a mortgage or deed of trust on residential property; altering the requirements for a lost note affidavit in a residential foreclosure action; providing that a person who knowingly makes a false statement in specified documents required to be filed with a court is guilty of a misdemeanor and if convicted is subject to imprisonment not to exceed 1 year or a fine not to exceed $10,000 or both; applying the Act prospectively.

Committees

Original:: Rules and Executive Nominations

Details

Cross-filed with: SB0876

Bill File Type: Regular

Effective Date(s): October 1, 2015

History

Legislation History
Chamber House Calendar Date 2/26/2015 Legislative Date 2/27/2015 Action First Reading House Rules and Executive Nominations Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/26/2015	2/27/2015	First Reading House Rules and Executive Nominations

Documents

Date Posted	Document Name
2/27/2015	Text - First - Foreclosure - Indorsement of Debt Instrument, Lost Note Affidavit, and Penalties for False Statements

File Code

Subjects

Statutes